Solutions
By Conner Guidry – As interest in the markets for crypto currencies and digital assets continues to grow, some hedge funds and members of the buy side are venturing into this rapidly changing ecosystem. Black Square Capital, a Washington DC hedge fund investing exclusively in the crypto space, believes crypto investment strategies must adopt an element of creativity to stay competitive and remain safe from extreme volatility that has affected the industry in recent years.
According to Black Square portfolio manager Chris Yoo: “As of now, there is no right way to invest in the crypto space. There must be a certain element
SBI Japannext, a proprietary trading system in Japan, has selected Orolia’s SecureSync time and frequency reference system along with STL satellite signal backup service to help protect sensitive financial trading and service systems.
SecureSync combines Orolia’s precision master clock technology and secure, network-centric approach with a modular hardware design to deliver a powerful time and frequency reference system at the lowest cost of ownership. It provides extremely accurate network time synchronisation through multiple references, tamper-proof management and extensive logging capability.
Satellite Time and Location Service (STL) provides an alternate satellite signal source from the Iridium constellation to provide backup
Companies are increasingly incorporating corporate event data into their trading strategies in order to mitigate monetary losses and react more quickly to market volatility, according to Wall Street Horizon’s latest Corporate Event Research Survey.
The survey, which polled more than 100 institutional market participants, nearly half of whom were quantitative or discretionary fund managers, found that more than one-third of participants have lost money as a result of either bad or unknown corporate event data, with nearly 40 per cent of those having reported a loss of more than USD10,000. This data is aligned with last year’s survey reinforcing that
Archax has chosen Aquis Technologies, the financial and regulatory technologies services arm of Aquis Exchange, to supply the trading technology for its new institutional-grade crypto and security token exchange, which is due to launch in the first half of 2019.
Archax will take Aquis’ complete suite of exchange operations services and tools including the market-leading Aquis Matching Engine (AME), its state-of-the-art Aquis Market Surveillance (AMS), as well as operations systems and assistance in the post trade environment.
Aquis Exchange is listed on the London Stock Exchange’s AIM and is authorised and regulated by the UK Financial Conduct Authority to
FlexTrade has launched a new back-testing framework designed to gauge and adjust the performance of past trading strategies for real-time use in trading equities, FX and futures.
“Just because a trading strategy worked successfully in the past, doesn’t mean it will show the same results in the present,” says Vijay Kedia (pictured), President and CEO of FlexTrade. “There are countless variables – old and new – that could impact performance in unanticipated ways. That’s why using an advanced back-testing framework can make all the difference in running a winning strategy.”
Available via the FlexTRADER EMS and FlexTrade’s order management
ACA Compliance Group (ACA) has completed the acquisition of Cordium, a provider of governance, risk, and compliance (GRC) products and services, following the receipt of the necessary regulatory approvals.
ACA now employs nearly 700 people and provides products and services to over 4,000 clients worldwide. The financial terms of the transaction have not been disclosed.
ACA will incorporate Cordium’s compliance, cybersecurity, and technology products and services into its existing offerings, and will now be able to expand its products and services to include tax services, financial and regulatory reporting, Mirabella (Cordium’s regulatory hosting platform), and a post-Brexit EU office
Tradeweb Markets is now able to facilitate allocation of block orders in Chinese yuan (CNY) bonds, allowing offshore investors to invest in the Chinese onshore bond market.
Tradeweb worked closely with CFETS and the Bond Connect Company to facilitate the allocation of block orders. The new functionality for institutional investors follows the recent announcement that the China Central Depository & Clearing Co (CCDC) will support real-time delivery-versus-payment (RDVP), as well as the pending exemption on corporate income tax and value-added tax on foreign institutions’ interest gains from onshore bond investment. The developments are together expected to allow offshore market participants
Boutique fund manager JK Investment Management has appointed new third-party fund marketing firm Daymer Bay Capital to exclusively market its flagship fund, the JK Global Opportunities Fund, across Europe.
JK Investment Management, which was founded in 2003 and has over USD150m of assets under management becomes Daymer Bay Capital’s third client after Granahan Investment Management and Guinness Asset Management signed up to use the firm’s services a month ago.
The JK Global Opportunities Fund (with USD94m in assets as of 15 August 2018) is UCITs compliant and adopts an opportunistic, contrarian, value-driven approach to multi-asset investing.
Daymer Bay
The Post-Trade Distributed Ledger (PTDL) Group, which brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technology can transform the post-trade landscape, is to merge with the Global Blockchain Business Council (GBBC), a trade association for the blockchain technology ecosystem.
Under the GBBC’s direction, the PTDL Group will work to increase the level of interaction and activity between its 40-plus institutions, engage in thought leadership and regulatory engagement, and further grow its membership base.
The PTDL Group aims to provide a collaborative environment for post-trade market participants to share information on blockchain
The Association of National Numbering Agencies (ANNA) and the Global Legal Entity Identifier Foundation (GLEIF) have signed a new initiative to link International Securities Identification Numbers (ISINs) and Legal Entity Identifiers (LEIs).
The initiative has been created to help improve transparency of exposure by linking the issuer and issuance of securities.
The new, global initiative will map new and legacy ISINs to their corresponding LEIs. By linking the two ISO standards together, firms will be able to aggregate the data required to gain a clear view of their securities exposure within a given issuer and its related entities. Once
