Solutions
Proprietary trading firm Capitalead has expanded its use of Vela’s DMA Platform to access global futures and options markets.Vela’s DMA Platform offers normalised order entry, pre-trade risk, drop copy, full risk management and normalised market data, supported by a strong clearing member ecosystem. This high-performant and scalable platform provides low latency and fully-normalised access to all the major listed derivatives venues for buy-side and sell-side firms. Vela offers the platform as a fully-hosted and managed solution (as-a-Service), leveraging its existing infrastructure network, exchange connectivity lines, and major points of presence across the globe.
Prior to working with Vela, Capitalead used multiple disparate
Velox Clearing has appointed brokerage industry veteran Michael Higgins as its Chief Executive Officer.Higgins brings three decades of financial services leadership experience to Velox, most recently serving as Head of Operations at LPL Financial (LPL). In this position, he oversaw all areas of the firm’s operations while mitigating risk, increasing efficiency, and working to continuously improve the client experience. At LPL, he was also Senior Vice President of Operational Risk Management, where he was responsible for the development and implementation of a risk culture and mitigation methodology throughout the firm’s operational and service organisations. His career to date also encompasses
FXCM Group has launched an API-powered integration with TradingView, an all-in-one financial platform for traders in the equity, cryptocurrency, futures, and FX markets.The integration means that FXCM users will be able to execute orders directly from the TradingView platform. With access to TradingView’s powerful charting tools, advanced data analytics, and user-generated research, customers will now have the option to gather new sources, assess market moves, and trade in real time.
“Our integration with TradingView will bring sophisticated tools to the FXCM portfolio, ensuring our customers have access to as much technology and information as possible,” says Sameer Bhopale, Chief
IQ-EQ has acquired Blue River Partners (Blue River), a US provider of outsourced solutions to alternative asset managers in a deal that IQ_EQ says makes it a major player in the US private equity and hedge fund services market. The newly combined IQ-EQ US operation will total 200 people in the US as a result of this transaction.
Founded in 2009, Blue River pioneered back-office outsourcing for alternative asset managers, and has grown to become an industry leader, servicing more than 400 clients across the US and employing approximately 180 team members across its seven office locations – Dallas (HQ), Fort
Electroneum has expanded its global trading presence by partnering with BiKi, a Top 20 cryptocurrency exchange on CoinMarketCap. The crypto exchange provides a safe, stable, and effective digital assets platform for trading more than 150 cryptocurrencies and 280 trading pairs.
BiKi offers a full solution besides the listing of the project’s token that includes continuous marketing exposure leveraging the brand awareness of the project, including news publications on top crypto news media like CCN and Jinse Finance as well as spreading of information to 200,000 WeChat users.
BiKi also build a project’s local community from scratch, by assigning influencers with hundreds
The Alternative Investment Management Association says the plan to add the Cayman Islands – the major offshore domicile for the global hedge fund industry – to a tax haven blacklist remains an “open matter” until any formal decision is reached.
STP Investment Services, a provider of middle office and investment operations outsourcing, fund services and technology solutions, has expanded the breadth of its existing services with the acquisition of Accusource, an investment operations firm serving the investment management industry. The acquisition reinforces STP’s remarkable growth story, best-in-class operations, technology solutions, dashboards and reporting portals, and broadens STP’s service footprint by enhancing its Business Process Outsourcing capabilities.
Accusource partners with investment management firms like RIAs, hedge funds, family offices and asset managers to deliver reconciliation, General Ledger integration, performance measurement validation, and statement digitisation services. The firm also provides data migration and
Hedge funds and asset manager now have a new source of cryptocurrency liquidity thanks to a new partnership between B2C2 and SFOX.
Read the full story at Institutional Asset Manager…
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, has expanded its global Product and Account Management teams with new hires in London and New York.Based in London, Cedric Rondeaux joins Vela from ICE Data Services as Product Manager, reporting to the Chief Product Officer, Ollie Cadman. As a subject matter expert, Rondeaux will work as part of the global Product Management team, responsible for setting the product strategy and managing the roadmap for Vela’s market data business. Rondeaux will drive Vela’s response to key client, market and regulatory trends impacting the industry as
IHS Markit, a specialist in critical information, analytics and solutions, is to use Credit Benchmark’s credit risk analytics in its Securities Finance platform to offer additional performance measurement and reporting capabilities for global lending programs.“Consensus credit analytics brings new and much-needed transparency to the entire securities lending landscape across beneficial owners, agents and principal borrowers,” says Mark C Faulkner, co-founder of Credit Benchmark. “I am delighted to be returning to the securities finance space with this particular service targeted at helping industry participants ‘know your counterparts creditworthiness’ (KYCC).”
“Our collaboration with Credit Benchmark creates the industry’s first solution for managing
