Solutions
Independent outsourced trading solutions firm Outset Global (outsetglobal.com) has appointed Edward McCabe as a Managing Director in the firm’s New York office.
McCabe brings with him a wealth of specialist knowledge in trading equity markets and extensive buy-side experience, which is key for Outset’s offering. He is the third senior hire for Outset Global in 2020 as the independent outsourced trading space continues to garner wider appeal.
McCabe’s 20 years of buy-side experience include a vast range of specialised roles beyond most professionals in the field. He has served in capacities ranging from running a startup (“Tiger cub” – Long
Metaverse, the public and open-source blockchain protocol which provides digital identities, oracles, and smart contract network, is listing its native Metaverse Dualchain Network Architecture token (DNA) on popular crypto exchanges Bittrex Global and OKEx.
Founded by CEO Eric Gu, original co-founder of NEO, and CTO Chen Hao in 2016, Metaverse officially launched its blockchain in February 2017. Metaverse’s vision is to build a network of smart properties on the blockchain, alongside a decentralised exchange for smart contracts and secure infrastructure.
DNA tokens are part of a parallel chain developed by the Metaverse Foundation. The DNA chain uses a novel
Truss Edge, a dedicated technology and advisory firm serving the global fund management industry, has launched further improvements to its service.The new improvements focus on cash functions within fund management middle offices and illustrate the importance of the cash operations within an asset management business. Key areas of focus include cash reconciliation, including settlement matching intelligence and better cash use projections for trading desks.
All the updates are part of the latest update from Truss Edge and are available immediately to existing Truss Edge clients.
Jay Duffy, CEO of Truss Edge, says: “Managing cash requires that funds have clarity on
An new tool by DailyFX is allowing traders and analysts to get an instant snapshot of global market performance. Market Health allows traders to get a complete picture of global markets and indices in a single place. The free tool provides an instant picture of global market performance, currency strength and exchange opening and closing times.
Using data from Quandl, Market Health allows users to take a macro look at global markets and indices including the Dow Jones, S&P 500, FTSE 100 and DAX 30 to help formulate and deliver on trading strategies.
Split between three main viewpoints, users can easily
Financial technology exchange BTSE and digital asset trading platform Bitfinex have announced a cross-listing of the BTSE and UNUS SED LEO utility tokens in a move that will increase inter-exchange settlement functionalities on both platforms. UNUS SED LEO exists on the ethereum and EOS blockchains, enabling token holders to convert between ethereum and EOS using Bitfinex as a bridge between the two protocols.
As the first exchange token running on Liquid, the BTSE token is carefully designed to augment the user experience on the exchange and within the BTSE ecosystem. Its addition to the Bitfinex platform provides the exchange’s growing user
The impact of the Covid-19 crisis on cybersecurity, and the challenges of remote working on start-up hedge funds’ business operations, proved a key theme at this year’s hedgeweekLIVE North America event, ‘Managing a Start-up or Emerging Hedge Fund in 2020’.
The research team at short and leverage crypto token issuer Amun has published an extensive study on the state of derivatives, leverage and short tokens using data from a survey of 629 participants. The key finding was that 57.9 per cent of participants were either neutral, unsatisfied, or very unsatisfied with their current experience of crypto asset derivatives. In addition, the research shows that 78.1 per cent of crypto traders were familiar with leveraged tokens.
Moreover, the survey reveals that there is a significant gap between the desires of crypto traders and the availability and abundance of instruments to fulfil such
Clearstream, Deutsche Börse Group’s post-trading services provider, has selected Finomial’s client lifecycle management technology to automate trade documentation completion for alternative investments, including hedge funds and private equity.As a leading alternative funds custodian specialising in alternative investments, Clearstream places trades with over 40,000 hedge funds across 45 jurisdictions globally. Finomial’s platform drives efficiency and transparency in what has historically been a labour-intensive, paper-based process required for investing in alternatives. From the end of 2020, Clearstream’s clients will benefit from fully automated trade documentation completion, a client interface to automate collection and provision of individual customer declarations, reducing risk and delivering
Ardent Financial has launched itself as a new global securities dealer with institutional-quality permanent equity to provide firm markets and liquidity. Veteran CEO, Peter Chung, says he hopes to address “the continuing decline of well-resourced and seasoned dealers over the past decade”, and has already onboarded a number of European and US institutional clients.
Read the full story at Institutional Asset Manager…
CMC Markets, a contracts for difference (CFD) provider, has launched two new share baskets to track key behavioural changes, harnessing the popularity of Remote Lifestyle and Collaborative Technology investments.CMC Markets regularly consults with a number of respected industry experts to help better understand what clients will want to trade next. Research Analyst and Portfolio Manager Joe Kunkle is one such contributor, who says: “Recent events have accelerated the speed of major thematic shifts such as work-from-home, and discussions from management across the software space are validating the surge in demand for these solutions as every company scrambles to ensure business
