Solutions
Societe Generale in Luxembourg (SGBT) has deployed the Charles River Investment Management Solution (Charles River IMS) as the enterprise trading platform for its private banking network and for the firm’s outsourced buy side order execution service, I-DEAL.
SGBT is now live on Charles River’s multi-asset order and execution management system (OEMS) with integrated data, trade analytics, compliance monitoring, post-trade processing and FIX connectivity.
“Charles River IMS allows our European network of private banks and I-DEAL outsourcing service to trade all asset classes on the same platform,” says Societe Generale in Luxembourg. “With this centralised trading solution, our clients benefit from
The Commodity Futures Trading Commission (CFTC) Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR) has issued a joint staff advisory that gives exchanges and clearinghouses guidance for listing virtual currency derivative products.
“The CFTC staff are committed to providing regulatory clarity as much as possible,” says DMO Director Amir Zaidi (pictured). “As the virtual currency market continues to evolve, CFTC staff will seek to provide additional guidance to help market participants keep pace with innovation while complying with CFTC regulations.”
“CFTC staff are providing this information, in part, to aid market participants in their efforts
AlphaBot – a technology solution to the process of sourcing, analysing and allocating to alternative investments – has added data from BarclayHedge and Morningstar to its platform.
Free, one-click access to more than 30 BarclayHedge proprietary hedge fund and Commodity Trading Advisor (CTA) benchmarks and 2,300-plus Morningstar international equity market indexes is now publicly available on AlphaBot. In addition, AlphaBot users can instantly access monthly performance data including detailed strategy descriptions, fund holdings and investment details for over 7,500 hedge funds and CTAs tracked by BarclayHedge (with paid subscription to BarclayHedge data). Clients already having a subscription to BarclayHedge
LMAX Exchange Group (LMAX Exchange), the operator of an FCA regulated trading venue, has launched the first physical crypto currency exchange dedicated to serving only institutional clients.
“We are furthering the legitimisation of the crypto currency market by offering institutions a platform on which to acquire, trade and hold crypto currencies securely with high quality, deep liquidity,” says David Mercer, CEO of LMAX Exchange.
LMAX Exchange developed LMAX Digital at the request of its existing institutional clients, who desired a credible, efficient and trusted platform on which to trade digital currencies with like-minded institutions.
Only the most liquid
Apis Capital Management has launched the Apis Token which is designed to enable investors to profit from an actively managed investment strategy, which has returned over 70 per cent per year since inception, while benefiting from the liquid and tradeable nature of blockchain-based tokens.
The token will begin its private presale this June, is built using the Steller network and leverages its state of the art blockchain technology that benefits from best in class speed, efficiency, security and lowest transaction fees. With this initiative, Apis is leading the industry in democratising hedge fund investing.
Dr Edgar Radjabli (pictured),
KiteEdge, a company providing asset managers with the tools to find, collaborate, and leverage content across complex and often siloed organisations, has launched The Ontology Project, a community initiative committed to educating sector professionals, helping them to improve ontology within the field of financial asset management.
Dane Rook and Ashby Monk from Stanford University’s Global Projects Center (GPC) – an interdisciplinary research centre – are early in lending their full support, as is Edison Research.
Ontology is traditionally used within information science to name and define the types, properties, and interrelationships of entities that exist within a domain –
Asian digital asset brokerage Octagon Strategy Limited (OSL) has deployed Caspian’s full suite of crypto trading tools, including a portfolio management system to meet increasing demand for crypto trading from institutional investors.
OSL is the largest OTC digital asset brokerage in Asia-Pacific and manages the buying and selling of all major cryptocurrencies with clients in more than 50 countries worldwide, including financial institutions, family offices and high net worth individuals. Octagon has become recognised as the “Go To” institutional cryptocurrency brokerage in Asia, with transaction volumes topping USD1.5 Billion in December 2017.
Founder and Managing Director of Octagon Strategy
David Calligan, Partner, Reed Smith, writes on the European Securities and Markets Authority (ESMA)’s announcement that it intends to impose temporary measures to restrict the sale of Contracts for Differences (CFDs) to retail investors, after a consultation earlier this year. The temporary restrictions are likely to come into effect in July.
What is concerning about CFDs?
ESMA’s Consultation addressed the sale, distribution and marketing of CFDs and binary options to retail investors. The consensus is that these products pose a threat to retail investors, primarily because CFDs are complex and often lack transparency. The points of concern regarding CFDs
Abacus Group, a provider of hosted IT solutions and application hosting for alternative investment firms, has launched AbacusGlobalSync.
The new service enables AbacusFLEX IT-as-a-Service clients with geographically diverse offices to securely synchronise files and data within the Abacus Cloud, enabling them to increase efficiency and collaboration while maintaining security and audit controls of their data.
Today’s firms are spread across the globe and often face significant latency and editing conflicts when they need to access and synchronise their data, which can decrease productivity and impact the bottom line. Recognising that firms need fast, secure access to their information, regardless
Avelacom is expanding its footprint in Warsaw with a new POP at the Atman Data Centre making it easier for latency sensitive clients in the financial services industry to access emerging markets in Europe.
Atman is a DC provider for the financial market and hosts one of the largest financial hubs in Central and Eastern Europe, along with numerous global and local banks and brokerage firms, liquidity aggregators and market data vendors.
With its new POP at Atman, Avelacom can provide clients with reduced latency and improved throughput performance to connect to a wide range of financial institutions in
