Solutions
FlexTrade, a global provider of multi-asset execution and order management systems, and Woodline Partners, a San Francisco-based investment firm, have integrated MSCI’s Barra real time portfolio risk and factor analysis solutions into the FlexONE OEMS.
MSCI’s factor models are used to help investment managers understand portfolio and market risk, enabling them to build portfolios based on objectives and risk tolerance. With this integration, portfolio managers using FlexONE can model order more efficiently and better understand pro-forma risk before staging the order for trading. Risk managers using FlexONE’s pre-trade compliance engine can also set thresholds to be observed in real-time.
Transaction Network Services (TNS) and Hong Kong Exchanges and Clearing (HKEX) have signed an agreement for connectivity, managed hosting and market data access that will give financial market participants greater choice of how to trade with the HKEX.
Hong Kong’s iconic securities market has over 2,300 listed companies and offers a range of equities and derivatives. The new agreement with TNS will provide local and international low latency connectivity to the exchange and between trading partners. TNS will offer traders managed hosting options at the HKEX HDC data centre and will become an Application Service Provider for HKEX equities and
Velox Clearing (Velox), a new technology-forward clearing firm led by a team of clearing industry veterans with nearly 170 years of collective experience, has officially launched.
Velox Clearing aims to provide a robust technology solution that is complemented by best-in-class customer service.
Headquartered in Southern California, Velox offers securities clearing, settlement, custody, margin lending, stock loan, and prime brokerage solutions to small- to mid-sized broker-dealers, registered investment advisers (RIAs), hedge funds and automated (black box) traders. Velox brings superior efficiency and speed to the back-office, supporting its customers’ business operations by combining modern, responsive technology with high-touch service, competitive pricing,
BNY Mellon’s Pershing (Pershing) has launched its new manager gateway, a consolidated digital solution that features a centralised portal, delivering simplified account access and a seamless model delivery process.
A successor to the Manager Workstation, Pershing’s Manager Gateway helps asset managers act on service requests and orders with ease, reduces duplicative efforts and automatically collects and processes information on behalf of their clients.
Manager Gateway features a new, intuitive user interface, and includes: an enhanced workstation application that streamlines day-to-day processes for investment managers; and a workflow tool that allows model providers to efficiently create, manage and deliver models to investment
New Change FX (NCFX), an independent data and analytics business, has joined IOWA.rocks, a new financial data marketplace.
NCFX enables market participants who require objective trade cost measurement capabilities to quickly and easily calculate all related expenses against a recognised and registered independent data feed. They are the only ESMA approved and FCA authorised administrator of live spot FX benchmarks for the FX market. Operating under the EU Benchmark Regulation 2016/1011, NCFX delivers quality and credibility at an affordable price.
NCFX data is created by aggregating aggregated live market bids and offers in real time. Only data at ‘institutional’
Asia-based blockchain venture firm, NexChange Group, has partnered with New York alternative investment firm, Horton Point, to launch a new marketplace for the institutional digital asset management industry.
The Nexyst platform will provide seamless access to a broad range of professionally managed actively-traded crypto strategies and passive investment solutions. Nexyst will debut its initial offering in October 2019.
Nexyst is created to provide better transparency and to improve investment decisions for institutional investors interested in the digital currency asset class.
The platform will enable qualified investors to perform online fund sourcing, due diligence and monitoring, and customise portfolios by a number of parameters
Cryptocurrency liquidity provider and electronic OTC trading specialist B2C2 has launched a product for trading gold directly against Bitcoin (XAU/BTC).
The launch marks the beginning of B2C2’s expansion beyond its core crypto focus and is underpinned by a significant rally in so-called deflationary assets over the past six months that saw gold appreciate 15 per cent and Bitcoin’s price roughly double.
The new product will allow institutional clients to trade gold synthetically with B2C2 OTC Ltd., which is authorised and regulated by the Financial Conduct Authority in the UK, via B2C2’s award-winning platform. Clients will also be able to
Exablaze, a provider of ultra-low latency network devices, has broken the previous best STAC-T0 benchmark results with its newly-announced ExaNIC FDK-XP (Firmware Development Kit Extension Pack).
Exablaze slashed latency to less than half the previous benchmarked best, recording actionable latencies of 31-44 nanoseconds, signalling a marked advance in tick-to-trade system performance.
The independent benchmark results underscore the superiority of the company’s devices in bringing the lowest-possible latency between market data arrival in trading platforms (ticks) and the moment a ‘trade’ message is sent, a crucial pursuit for firms engaging in low latency trading.
In the STAC benchmarks, Exablaze
Q&A with Diego Gutierrez Zaldivar – CEO, Rootstock (RSK)
What is RSK?
Rootstock (RSK) is an innovative blockchain network with a unique value proposition: combining Bitcoin’s large user base and robust security with smart contracting capabilities.
RSK achieves this by enabling BTC holders to import their cryptocurrency into the network via a secure, two-way conversion process. By offering full support for Ethereum’s programming languages, RSK allows developers to utilise their existing code and create powerful smart contract applications. In addition, RSK has an in-built infrastructure layer that provides services such as computing power, storage and fast payment channels. This infrastructure is
Q&A with Simon Gray, Head of Business Development & Marketing, BVI Finance
How do you assess the importance of the crypto/digital asset class as a future growth driver for the jurisdiction?
We see crypto assets as a huge potential driver for the British Virgin Islands (BVI). Estimates suggest that while the asset class has fallen globally from its peak early last year, the market is still valued at over USD200 billion. What’s more, with the likes of Goldman Sachs noting this summer that it plans to go “further than ever” into its research and development of crypto, it is clear that
