Solutions
The European Energy Exchange (EEX) has supplemented the auction calendar for the year 2020 with the auctions for EU aviation allowances (EUAA).
The respective dates were fixed in coordination with the European Commission and the participating Member States as well as with the responsible German and Polish authorities.
On behalf of 25 EU Member States and the EEA EFTA states Norway and Iceland, EEX will conduct six EUAA auctions in 2020. Starting on 15 January 2020, the auctions will take place on Wednesdays every two months.
The following table provides an overview of the respective auction dates and volumes:
Punctuated equilibrium, a term used in evolutionary biology to describe long periods of little or no evolutionary change (stasis) interrupted by short periods of significant changes, is also applicable to the wealth management industry, according to a new white paper by SEI Investment Manager Services…
The company argues that the wealth management industry is currently experiencing one of these punctuated events, experiencing significant evolutionary change. In the paper – Evolution in Asset Management – SEI identifies five trends, being released in individual chapters that are driving this change: fierce competition, vulnerable economics, emboldened investors, complex regulation and transformational technology. And
Cryptocurrency exchange OKEx is to launch USDT Futures Trading, a linear futures contract. OKEx’s USDT futures contract is a virtual derivative product that is quoted and settled in USDT digital tokens, and each contract has a face value of a fixed amount of digital tokens.
Traders can long a position to profit from the increase of a cryptocurrency’s price, or short a position to profit from the decline of a cryptocurrency’s price. USDT pairs on OKEx include BTC, ETH, BCH, EOS, XRP, BSV, and TRX with a leverage level of 1-100x, both in fixed and cross-margin mode. OKEx provides a wider
CSC, a provider of specialised administration services to alternative asset managers, is to acquire TCS-Groep (TCS), a Netherlands-based service provider for alternative investment funds (AIFs).
TCS offers fund administration and depositary services for alternative asset managers with a focus on real estate, private equity, private debt, and social impact funds, and manages more than EUR6.5 billion in assets on behalf of its clients. The deal is subject to regulatory approval in the Netherlands.
“We’re delighted to welcome TCS to CSC as part of our long-term strategy to develop the European market by offering international clients our suite of fund administration,
ZEDRA Group, a specialist in Trust, Corporate and Fund Services has acquired LJ Fiduciary, from investment firm Alvarium. LJ Fiduciary will be rebranded and merged into the existing ZEDRA network. The deal is subject to local regulatory approval.
LJ Fiduciary’s Swiss and Isle of Man service offering encompasses global private client, fund and corporate administration services that will enhance ZEDRA’s strategy in the ‘active-wealth’ space offering. This concept embraces the dynamic way ZEDRA assists wealthy families and individuals in their investment needs, by recognising that modern wealth is multifaceted and that ZEDRA is a partner that can deliver the full
MoonX has launched of its new trading technology in the UK, offering a full suite of financial software and hardware systems for exchanges, brokerages, hedge funds, financial institutions and traders.
MoonX’s offering includes the world’s fastest exchange software, matching 25 million Transactions Per Second (TPS). This makes MoonX 150 times faster than its closest competitor; meaning traders can place 150 times more orders in the same time frame. MoonX processes one order in six nano seconds, by that time light would have only travelled 1.8 metres, making MoonX the fastest exchange in the world.
MoonX’s processing speed is delivered
SimCorp, a provider of investment management solutions and services to the global financial services industry, has gone live with its SFTR cloud solution, available to clients as part of the company’s latest software release.
The solution offers clients an integrated and efficient cloud solution for SFTR transaction reporting, in collaboration with the deltaconX regulatory platform. The go-live, in partnership with deltaconX, a specialist in regulatory compliance, delivers buy-side clients significant time ahead of the first wave of the Securities Financing Transactions Regulation (SFTR) reporting requirement, in April 2020.
Part of the European Commission’s drive to increase transparency and improve
Options, a provider of colocation services to the global capital markets, has deployed Arista 7130 series ultra-low latency switches in 20 colocation environments globally.
Options specialised infrastructure allows clients to trade at single digit, nanosecond latencies and the deployment of the 7130 series will ensure the firm continues to meet client demand for ultra-low latency switching capabilities.
The deployment of 7130 tier switches to Options’ managed colocation platform marks the beginning of a new era of ultra-low latency access, with Layer 1 exchange access through the Arista 7130 series.
The Arista 7130 series reduces the cut through latency
Independent futures brokerage and clearing firm RJ O’Brien & Associates (RJO) has chosen the ION Global Trading Platform (GTP) for its cleared derivatives business.
RJO was committed to providing their global client base with an electronic trading platform that delivers cutting-edge functionality and broad market access. The firm also wanted a platform that could be integrated seamlessly for their institutional brokers.
Gerald Corcoran, RJO Chairman and CEO, says: “We’ve enjoyed a longstanding partnership with ION, and we’re pleased to offer our discerning institutional brokers the opportunity to migrate to GTP. As we continue to grow our global institutional business,
Vela, an independent provider of trading and market access technology for global multi-asset electronic trading solutions, has integrated its Metro trading platform with its SuperFeed and DMA Platform, to provide expanded market data coverage and risk management capabilities respectively.
Vela’s Metro trading platform is a high-performance, server-based system supporting automated, algorithmic and click trading strategies that underpin buy- and sell-side trading requirements. Offering a complete solution for options pricing, execution, and risk management, Metro provides traders with access to all major US and European options markets, as well as newly-added Indian markets, on a single platform.
Vela’s SuperFeed delivers
