Solutions
GPP, a prime broking, investor services and wealth solutions firm, has hired Andrew Rae-Moore to join its prime brokerage team.
Rae-Moore joins GPP from Morgan Stanley, where he has spent more than 18 years on the prime brokerage desk of its institutional equities division, rising to COO of client coverage. Before that he worked as an analyst on the bank’s international equities desk in New York.
In his new role Rae-Moore will work alongside GPP’s COO, Todd Johnson, to drive the growth of its prime brokerage business. He will be responsible for building new client relationships to support the industry’s
BEQUANT, cryptocurrency exchange and prime brokerage, has launched BEQUANT DIRECT, a new Advanced Connectivity Service offering a low-latency co-located trading environment for institutional and professional traders.
BEQUANT’s co-location service will offer ultra-fast transfer of data, allowing for faster execution speeds and more efficient trading. As the cryptocurrency market grows increasingly stable, traders are looking for the fastest trading possible in order to remain competitive in the market.
This service will address the needs of BEQUANT’s professional clients, targeting sub-millisecond tick-to-trade latency for co-located clients. Using FIX 4.4-based order routing and market data connections, traders can action up to 1,000
Capital markets software firm genesis has launched Creative Studio to accelerate the development and deployment of scalable and interoperable products and solutions over the web, without the need to write any code.
This innovative launch by genesis comes in response to the growing market demand to build and deploy web-based solutions across capital markets, including buy-side & sell-side, execution venues and clearing houses.
Creative Studio delivers web applications, within hours, instead of the usual weeks and months, vastly expediting time to market. It does this by producing single-page web applications as well as OpenFin applications from a single application codebase. Once
Grey, a global advertising and marketing organisations, has partnered with Meyler, a marketing/placement agency focused exclusively on the alternative investment sector.
“The alternative investment sector really is one of the few remaining industries that has not fully embraced marketing, which is remarkable when you consider the level of competition that exists. It’s a proven fact that powerful marketing can open doors and influence outcomes,” says Alex Morrison, President of Grey West.
“Fund managers have known for a long time that raising capital isn’t just about performance,” says Kyle Dunn, President & CEO of Meyler. “The industry has only recently looked
Huobi Group has launched Huobi OTC Desk, a fully regulated service built on Huobi’s Gibraltar FSC-issued Distributed Ledger Technology (DLT) license supporting both crypto-to-crypto and fiat-to-crypto transactions, including those made in US dollars (USD), British pound sterling (GBP), and euros (EUR) for Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies.
The service is aimed at institutional investors, high net worth individuals, and others looking to make high volume digital asset trades.
“We see a lot of appetite out there from players in more established financial markets when it comes to digital assets, but many are still uncomfortable jumping into unregulated trading
Malta-based digital assets exchange OKEx is to implement a comprehensive upgrade of its futures trading platform to improve risk management on digital asset trading market. The changes will be implemented in the second half of May 2019.
A new Tiered Maintenance Margin Ratio System is being adopted to avoid the liquidation of large positions, causing big impact on market liquidity. First introduced on OKEx Perpetual Swap Trading, tiered maintenance margin ratio system has effectively improved the trading experience of our users. Not only does it prevent cascade liquidation, but it also enables users to have a wider choice of leverage
The Standards Board for Alternative Investments (SBAI) has released a new cybersecurity memo which focuses on small and medium-sized alternative investment managers.
The new memo, which is part of the SBAI’s Toolbox, aims to help firms shape their cybersecurity strategies and risk oversight arrangements.
The new memo provides a series of practical tools smaller and mid-sized alternative investment managers can consider, including: a cyber defence framework; a basic cyber hygiene implementation (the SBAI Basic Approach); due diligence of managed IT service providers; an overview of regulatory expectations; examples of contractual requirements for technology service providers; and asSummary of cyber
GSR, a specialist in market making and algorithmic crypto assets trading, has launched a new structured product called the Bitcoin Halo Option aimed at allowing investors to manage and limit some of the risk of their cryptocurrency trades.
The GSR Bitcoin Halo is an option on the value of a trading account once the derivative reaches its maturation date. The holder of this derivative pays an initial premium to purchase the Bitcoin Halo Option, which begins the maturation period with a value of zero. Each trader is allowed to place 10 trades per day in the BTC/USD markets through GSR,
Sterling Trading Tech (STT), a provider of professional trading technology solutions, has unveiled a major set of enhancements for its risk analytics RaaS (Risk as a Service) solution, the Sterling Risk Engine.
New risk features include historical VAR, Greeks analytics and a redesigned consolidated at-a-glance risk dashboard. The historical VAR capabilities include; calculating risk on a historical simulation using full revaluation, 99 and 95 percentile VAR, Expected Shortfall (CVAR) and histograms that plot the PL distribution and top contributors to VAR. The new Greeks analytics tool includes drill down capability by account and by symbol to view the Position, Market
PwC and Elwood Asset Management (Elwood) have published a report examining the global crypto hedge fund landscape. The report is based on data from research in the first quarter of 2019 on 100 of the largest global crypto hedge funds by AuM.
The report highlights that the average crypto hedge fund AuM as of Q1 2019 is USD21.9 million. Over 60 per cent of crypto hedge funds have less than USD10 million in AuM with fewer than 10 per cent managing over USD50 million.
The data highlights that crypto hedge funds have been able to increase their AuM three
