Solutions
Hazeltree, a provider of integrated treasury management and portfolio finance solutions, has acquired ENSO Financial Analytics (ENSO), a provider of portfolio analytics for hedge funds and prime brokers, previously owned by CME Group Inc.
ENSO will become an integral part of Hazeltree’s product suite, and its prime brokerage, asset management, technology and data specialists will be integrated with Hazeltree’s team to continue to focus on customer support and product innovation.
“We’re thrilled to join forces with the ENSO team as our combined talents in treasury, portfolio finance, data, and technology will offer unparalleled expertise and support to investment managers,
OKEx, a spot and futures digital asset exchange, has launched an initiative to create a Self-Regulated Organisation (SRO) aimed at standardising exchange practices and policies.
Similar to the World Federation of Stock Exchanges, FINRA in the United States, and the World Economic Forum, OKEx is engaging exchanges and market participants in the global crypto-trading community to become members of this initiative.
Announced during day one of the DELTA Summit in Malta, the international “Blockchain Island” and OKEx’s headquarters, this SRO will be an independent, membership-based organisation that is neutral and open to exchanges of all sizes and jurisdictions. Member
big xyt, a provider of market data analytics, has launched XYT View, a specialist aggregated view of fragmented market information that the firm says participants need to ensure that they are achieving the best possible outcomes for themselves and their clients.
Steve Grob, CEO at Vision 57 and market commentator will be working with the Strategy team to provide market consultancy and additional thought leadership.
XYT View provides a meaningful range of market overview metrics and has been developed to fill the information gap caused by the withdrawal of previous alternatives. Delivered via interactive dashboards, users can observe changes
The Hedgeweek and Sentieo webinar event, Using AI to supercharge equity research for alpha generation, explores the way that technologies such as natural language processing (NLP) and artificial intelligence (AI) can aid hedge fund equity analysts and portfolio managers in their research efforts to deliver alpha. Hedgeweek Editor, James Williams, sat down with Sentieo Co-Founder and CEO, Alap Shah and Voss Capital Analyst, Taylor Henderson to discuss how AI can help hedge fund equity analysts and managers in their investments.
Tradeweb Markets is partnering with two margin optimisation providers, Cassini Systems and OpenGamma, to offer clients a choice of vendor access to life-cycle cost analytics, including initial margin, collateral, clearing fees, brokerage and trading costs.
Tradeweb’s integration of margin optimisation analytics with its interest rate derivatives platform will provide institutional investors with pre-trade initial margin calculations, as well as real-time insight into trade execution options, such as optimal clearing venue and clearing broker selections. As a result, Tradeweb clients will be better able to minimise trade life-time costs and prove best execution.
“Tradeweb continues to connect markets, this time
Pico, a provider of technology services for the financial markets community globally, has added to its European network of exchange colocation facilities with the launch of hosting services at the Borsa Italiana exchange colocation facility in Milan.
This latest phase in Pico’s strategic expansion of its European solutions, provides ultra-low latency access to Borsa Italiana trading platforms and real-time market data services. The Milan exchange colocation facility provides direct access to Borsa Italiana equity and fixed income markets (MTA, ETF Plus, MOT, SEDEX), derivatives markets (IDEM, IDEX) and Euro TLX bond markets.
As the first managed service provider to gain
Financial services provider Siebert Financial Corp is to purchase Weeden Prime Services (Weeden Prime), a prime brokerage services provider.
When the deal completes, Weeden Prime will become a wholly-owned subsidiary of Siebert.
Founded in 2009, Weeden Prime is a full-service prime broker focused on providing services to institutional customers in clearing, hedge funds and family offices. Weeden Prime’s platform offers clients a scalable solution for prime brokerage, capital raising solutions, automated separately managed account infrastructure, exceptional client service and access to top-tier custody and clearing partners.
Weeden Prime offers a comprehensive global platform that includes dynamic proprietary risk
The Lynx Program (Lynx), the longest running active hedge fund in Sweden, has launched a pure machine learning strategy, Lynx Constellation.
Lynx Constellation will be the third investment offering from Lynx Asset Management since the company was founded in 1999. Lynx has used machine learning models since 2011.
Lynx Constellation will combine the return forecasts from twelve machine learning models which are programmed to understand and relay non-linear relationships within data points. The objective of the strategy is to generate high risk-adjusted returns, uncorrelated to markets, through trading of approximately 90 futures markets, long and short, providing broad diversification in
Motivated by a desire to evaluate and accelerate digitalisation opportunities in the global agricultural commodity industry, the Global Commodity Technology Association (GCTA) has launched with financial services industry veteran David Lehman as its Managing Director.
The new international, not-for-profit association’s mission is to support stakeholders along the supply chain who are focused on enhancing the efficiency of their internal trading processes and standardizsng post-trade execution.
Lehman says: “Commodity trading remains a manual industry that is nearly completely reliant on paper processes for contracting, invoicing and payments. To remedy this, we need stakeholders from across the supply chain to
QuantConnect has launched a new competition, Alpha Five, allowing hedge funds to solicit “designer” Alphas from the crowd.
QuantConnect, an open-source algorithmic trading platform, provides its community of over 85,000 quants access to financial data, cloud computing, and a coding environment where they can design, build, and live trade algorithmic trading strategies. For the first time, institutions can tap into the power of the crowd to solicit specifically designed trading strategies.
Quants will submit their strategies for not only part of a client-sponsored USD27,500 cash prize pool, but also the potential to be licensed by institutional investors for additional
