Solutions
FXCM Group, an international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, has made its stock basket offering tradeable by customers on its Australian and South African entities.
TORA, provider of a cloud-based order and execution management system (OEMS), has added Mark Mazor & Joe Zonenshine to the firm’s global outsourced trading team.Mazor and Zonenshine join a global team that provides execution support for a growing number of hedge funds & asset managers around the world. TORA’s combination of outsourced trading and technology provides clients with a comprehensive solution which extends beyond execution to all facets of the investment process.
TORA aims to strengthen global market coverage for their clients by acting as their primary service provider or on a complimentary basis assisting in-house trading desks and
Truss Edge has announced further functionality and enhancements to its straight through processing technology platform for hedge funds.Created out of a macro hedge fund operation in 1998, Truss Edge is an independent technology and advisory firm that supports small and large hedge funds alike with cutting edge technology within their middle office environment. Truss Edge has won plaudits for both its technology and the close cooperation between the international Truss Edge team and its clients.
Truss Edge updates its technology offering every month in response to the ongoing requirements of its diverse range of clients in both the hedge
Tickeron, an artificial and human intelligence platform delivering trading insights and analysis, has launched an Intraday Pattern Feed for stocks and ETFs.
Visible Alpha, an investment research technology firm, has launched ‘standardised industry metrics,’ a proprietary data set that enables market participants to quantify and compare market expectations for companies across 184 industries. With over 90,000 industry-level financial and operating metrics, Visible Alpha Insights will improve how relative analysis is conducted.
By taking its granular company data, consisting of 900,000 individual company-level concepts used for single-security analysis, Visible Alpha has created comparable lines at an unprecedented level of detail to allow market participants to compare companies within a peer group on key industry drivers. The standardised industry metrics data set includes analyst and
Dallas headquartered Strait Fund Services (STRAIT) has made a strategic hire in Houston, Texas with the appointment of Michael Barakat.With almost 20 years of financial services experience in creating and implementing compliance programs at institutional asset management firms, Barakat will be instrumental in broadening the firm’s compliance offering and providing senior-led solutions for STRAIT’s nationwide hedge fund and private equity clients.
Barakat will be responsible for growing awareness of STRAIT’s compliance services and designing and executing compliance programs for the firm’s existing and new clients. Michael joins STRAIT after leading teams and implementing compliance initiatives at AIG Retirement Services.
Tether Gold (XAUâ‚®), a digital asset providing ownership of physical gold (XAU) custodied in Switzerland, has been listed on BTSE, a financial technology exchange, as demand increases for around-the-clock exposure to the precious metal.Â
BTSE is the third cryptocurrency exchange to list XAU₮, which is growing in popularity as a trusted, liquid and accessible means of obtaining exposure to gold. XAU₮ is available for purchase or sale 24 hours a day, seven days a week on BTSE’s All-In-One Order Book, which combines multiple trading pairs in one location. These include Tether Gold/US Dollar (XAUt/USD) and Tether Gold/Tether (XAUt/USDt).
“Tether Gold
FundRock Management Company, a European third-party UCITS Management Company (ManCo) and Alternative Investment Fund Manager (AIFM), has launched a new unbundled service to assist asset management firms in managing the liquidity of their portfolios during the Covid-19 crisis and over the long term.The rollout of the service – believed to be a first for an independent pan-European third-party ManCo and AIFM provider – is available to EU and non-EU asset managers managing EU funds for which FundRock is not acting as Man Co/AIFM. Its launch comes as regulators globally prepare to implement new guidelines for liquidity management.
FundRock’s large
Refinitiv is adding Bank Bills pricing information to its real-time data feed, thanks to its newly-expanded partnership with trading platform Yieldbroker. Customers will receive critical information relating to short-term funding, balance sheet management, along with hedging strategies and necessary instrument valuation and risk management.
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The alternative investment industry is coming together to aid relief efforts for the victims of Covid-19.From 15 June to 2 July, 2020, iConnections, a provider of customised networking software ands solutions for financial services firms, will host Funds 4 Food – an online fundraiser that will facilitate a series of private capital introduction meetings between alternative investment managers and allocators. All proceeds from event registrations will be donated to charities focused on COVID-19 hunger relief.
“Recognising the devastating increase in the number of people who are facing food insecurity as a result of the pandemic, I realised I was sitting on a powerful
