Solutions
Tradeweb Markets, a global operator of electronic marketplaces for rates, credit, equities and money markets, and Intercontinental Exchange (ICE), an operator of global exchanges and clearing houses and provider of data and listings services, have launched Tradeweb ICE US Treasury Closing Prices by Tradeweb and ICE Benchmark Administration Limited (IBA).
Trusted reference price data is critical for financial firms to manage investment portfolios, evaluate the fair value of securities, perform compliance monitoring, and satisfy general accounting standards. The Tradeweb ICE US Treasury Closing Prices are designed to represent the daily market mid-price for US Treasury securities. They are the first
Asset management industry veteran Ole Rollag has launched Pueblo, a new venture which aims to simplify and improve the investor/manager engagement process, reducing the burden of speculative emails from unsolicited fund managers that arrive in investor’s inboxes every day.
Pueblo is a simple and free-to-use diary scheduling tool that allows professional investors to see which managers are visiting their area and request meetings, information or other follow-up activity. Pueblo aims to eliminate the need for professional investors and capital allocators to trawl through emails and inbound calls tfrom unknown and un-curated managers. Pueblo can also be used by investors to identify
QuantHouse, a global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure products, is making Goldman Sachs’ SIGMA X MTF market data will accessible from within the QuantHouse API Ecosystem store.
SIGMA X MTF is a multilateral trading facility operated by Goldman Sachs (GS), offering deep and diverse liquidity on the basis of non-discretionary crossing with flow from external participants and the Goldman Sachs franchise. A recent analysis performed by GS of SIGMA X MTF auction activity identified that there is often a surplus of unexecuted liquidity in most periodic auctions. SIGMA X MTF’s own Periodic
PEAK6, a Chicago-based investment and technology firm, has acquired Electronic Transaction Clearing (ETC), a custodian and clearing provider with a technology-driven approach to serving the institutional and professional trading marketplace.
ETC’s institutional orientation will expand PEAK6’s footprint in custody and clearing and is a direct complement to one of its core businesses, Apex Clearing, which is primarily focused on the retail marketplace. The transaction will align ETC and Apex, two firms with a shared mission to improve foundational financial processes with technology, and position both organisations as alternatives to traditional custodians through the delivery of flexible, customisable, digital solutions that
MSCI Barra (Suisse)’ a subsidiary of MSCI is to acquire Zurich-based environmental fintech and data analytics firm, Carbon Delta (Carbon Delta).
Founded in 2015, Carbon Delta is a global leader for climate change scenario analysis. Together, MSCI and Carbon Delta will create an extensive climate risk assessment and reporting offering for the institutional market, providing global investors with solutions to help them better understand the impact of climate change on their investment portfolios and comply with mandatory and voluntary climate risk disclosure initiatives and requirements. Voluntary reporting initiatives are being led by entities such as the Task Force on Climate-related
Guernsey is proposing to adopt limited liability companies (LLC) in a move intended to enhance the island’s competitive position in the United States.
The island’s government, the States of Guernsey, has launched a consultation exercise, as it considers following many other international financial centre jurisdictions in introducing LLCs.
LLCs are commonly used in the US as structures for trading businesses, holding vehicles and special purpose vehicles. It offers a flexible hybrid structure for any lawful business purpose or activity, offering legal personality and limited liability in a tax-transparent structure. There has been commercial interest in Guernsey in introducing LLC
Delta Capita, an international business and technology consulting and managed services firm, is collaborating with The Depository Trust & Clearing Corporation (DTCC) to help market participants meet their Securities Financing Transactions Regulation (SFTR) trade reporting obligations.
Delta Capita’s banking consortium is creating a standardised SFTR industry test pack. Under this new collaboration, Delta Capita will make the test pack available to DTCC to test its own SFTR matching and reporting service prior to launch. DTCC opened user-acceptance testing with industry vendors on August 30, 2019.
Clients of DTCC’s Global Trade Repository (GTR) service for SFTR – who independently license
In a world awash with data, hedge fund equity analysts looking for that one data point that could generate alpha face a significant challenge, akin to finding a needle in a haystack. But as data volumes have grown, so too has the pace of technology innovation.
There is now an impressive array of technology solutions to support the buy-side. One of these firms is Sentieo, a financial data platform utilising artificial intelligence and cutting edge search technology to essentially ‘Googlise” the equity research process; and in turn, help equity analysts find those metaphoric needles in haystacks by spending more time
FX prime brokers, JP Morgan and NatWest Markets are now providing access to Spotex’s institutional ECN. The prime brokers join as Spotex expands its presence in the institutional FX market segment with the introduction of new disclosed direct market access (DMA) liquidity pools as well as other initiatives to broaden participation on its ECN.
“We are excited to have JP Morgan and NatWest Markets join our existing tier-one prime brokers enabling institutional client access to Spotex,” says John Miesner, the firm’s Senior Managing Director. “We are committed to working with leading FX institutions to deliver powerful innovation to the foreign
Nasdaq has partnered with Blockchain Investments & Co, a thesis-driven crypto investment management fund and data provider, to add descriptive, rating, correlation, forecasting and sentiment crypto asset data to Quandl, Nasdaq’s institutional data platform.
The new data products are aimed at providing institutional investors with greater insights, to make better and more informed decisions and boost their confidence in understanding and investing in this upcoming asset class. Nasdaq’s Quandl platform will source the qualitative and quantitative data from Blockchain Investments & Co, enabling a wide variety of in-depth crypto asset data to support purposes such as research, investment and regulatory,
