Solutions
YRD Capital, a Fund of Funds (FoF) focused on quantitative trading in digital assets, has appointed Ian Morely as Chairman.Founded in 2017, YRD Capital has the longest performing track record in the digital asset sector and has enjoyed year on year growth since its launch. It has also built a solid reputation among the fast developing asset class investors as a result of the firm’s thorough due diligence process, negotiating best terms and fees for its clients and close monitoring of its portfolio funds.
The firm is represented across the UK, US and Asia and is run by co-founders Yuval
Alpha Sigma Capital (ASC), a digital assets fund focused on delivering growth capital to blockchain and tokenised projects has launched what it says is the first-ever fundamental research model on blockchain companies with tradable digital assets and blockchain ecosystems that are being adopted and scaling. “When we launched the fund, we spent a tremendous amount of time researching blockchain companies and the correlation to their alt-coin. We didn’t find any independent research reports that could really help us, so we started doing our own. What we found was very interesting and valuable. We’ve decided to share our findings at no cost to
A new report into the global crypto hedge fund landscape from PwC and Elwood Asset Management has shown Gibraltar as the third most popular jurisdiction for crypto hedge fund managers, behind only the US and UK.Gibraltar, which is also listed as having the fourth highest number of domiciled crypto hedge funds, puts the jurisdiction ahead of financial centres such as Singapore, Malta, The Netherlands, Hong Kong, and Switzerland and many others, despite its relative size.
This news is backed up by one of the jurisdiction’s leading crypto and funds law firms, ISOLAS LLP, which continues to work with leading
FXCM Group has launched its UKOilSpot and USOilSpot CFD products which will represent the current spot price of West Texas Intermediate and Brent Crude. Customers may leave positions open indefinitely and avoid potentially thin liquidity in the days leading up to contract expiration.
Customers now have a choice. They may trade the current contracts, USOil and UKOil which have monthly expirations as they are based on the front month futures contracts. Alternatively, customers may trade perpetual USOilSpot and UKOilSpot positions which do not expire.
Both UKOilSpot and USOilSpot have the same CFD contract sizing and pip costs as FXCM’s Futures
Smonik Systems (Smonik), a data management and reconciliation software and services provider has partnered with STRAIT Fund Services (STRAIT), a fund solutions company providing a full range of services for hedge funds, private equity funds, family offices, and other asset management firms. STRAIT will augment its robust back- and middle-office processes with Smonik’s automated product for data management and reconciliation, providing a dynamic solution for investment managers.
“As our clients’ investment strategies continue to evolve and increase in complexity, it is essential for us, as their trusted partner, to have the most sophisticated tools in place providing accurate, timely, and
Sterling Trading Tech (STT), a leader in compliance, risk and infrastructure solutions for equity, options and futures trading, today announced they have been certified by FINRA as an authorised CAT (Consolidated Audit Trail) Reporting Agent.After completing rigorous CAT beta-testing in FINRA’s test environment, STT has successfully completed file submissions in the production environment for all clients that have been FINRA approved for production reporting.
“Our team has dedicated hours of time and resources toward receiving this certification from FINRA,” says Erik Schmidt, Sterling Trading Tech Managing Director of Client Services. “We’ve stayed ahead of the FINRA implementation schedule in order
Xignite has enhanced two of its financial data cloud APIs. Now offering functionality built for greater speed and specificity, these APIs enable fintechs to provide their users with the ability to follow worldwide business news and track upcoming earnings announcements. Demand for these capabilities has increased significantly since the pandemic started as Covid-19 has had a dramatic impact on corporate financials.
Unlike other financial data APIs, Xignite’s APIs are cloud native and offer a robust selection of use case-based end points. These end points are ready-to-use pieces of code that developers can easily integrate into their product or app, regardless
The product provided by GK8, a high-security custody solution for safeguarding and managing digital assets, is now insurable via Aon UK Ltd utilising insurance provided by a panel of insurers led by Arch Underwriting at Lloyd’s Syndicate 2012, which is part of the Lloyd’s insurance market. GK8 clients can activate the insurance policy to protect their assets under custody at a coverage cap of potentially USD500 million. The company’s custodian technology is already operational and helps to securely manage digital assets for world renowned companies like eToro.
The move marks a major breakthrough for GK8 and its institutional clients, as one
ONE regulatory has been appointed by Maitland to implement R-ONE, a cloud-based compliance technology and workflow tool.“With an ever-expanding portfolio of clients, one of our biggest challenges is how to use technology to create robust and scalable governance processes and manage our workflows,” says David Kubilus, Managing Director – ManCo Services at Maitland. Tobias Ettlin, Partner at ONE: “Our ability to provide customised, bespoke service solutions for our clients positions us perfectly to support Maitland.
“We were looking for an independent partner offering a standalone product, with a tailor-made and integrated compliance solution that wouldn’t comprise the security of our
Sucden Financial, a global multi-asset execution, clearing and liquidity provider, has joined TrueFX, a purpose-built OTC market designed for the buy-side, as a TrueFX Clearing Member (TCM).Launched earlier this year, the TCM network allows buy-side firms of all sizes to directly access liquidity on TrueFX from leading market makers without an intermediary. Clients of TrueFX have the option to clear through Jefferies FXPB, the central credit counterparty for TrueFX, or open an account with a TCM and gain access.
“We are pleased to be joining the TrueFX network as a clearing member and offer our clients access to this
