Solutions
Although the Cayman Islands tends to be the default option for most alternative fund managers, there is a good argument for saying that Bermuda is equally, if not more attractive; certainly from a cost perspective and a ‘substance’ perspective, with a well-established business district in Hamilton, the island’s capital.
Indeed, an estimated 400 international companies are physically based in Bermuda, with an increasing number of fund management entities either setting up, or thinking of doing so. After all, Bermuda is only a two-hour flight to the US east coast, making it an ideal location for hedge fund managers and PE
Tax transparency has been an evolving focal point for the world’s economies as governments look to satisfy rigorous global compliance standards and shore up their tax revenues. Western media have focused on international financial centres following recent years’ cyber breaches that led to sensationalistic reporting about offshore investments, stoking a public appetite for revelations on high-net-worth financial matters, including taxes.
The standard argument one often hears is ‘why should companies avoid paying taxes in their home domicile?’ The question certainly has merit, but those posing the question need to take the time to hear the answer – the reality is
CompIQ, an enterprise software platform that provides investment management firms with real-time compensation benchmarking and related compliance services, has launched the second version of its enterprise platform following extensive customer feedback.
CompIQ’s initial focus has been on real estate, venture capital, private equity and hedge funds. The company will soon expand to cover traditional asset management and financial services more broadly. The company is led by CEO Adam Zoia (pictured), founder of Glocap Search, a premier search firm known for serving the specialised recruiting needs of clients in the investment management industry.
“CompIQ was formed to empower organisations with
QuantHouse, an independent global provider of end-to-end systematic trading solutions including market data services, algo trading platform and infrastructure solutions, has launched a trade and book updates synchronisation feature in response to client requirements.
The new trade and book updates synchronisation feature is focused primarily on feeds from derivatives exchanges and is currently live for EUREX, CME and ICE feeds. It allows clients to reconcile trades and book updates when consuming data in real-time, or when working with historical data. The new feature is available on QuantFEED and ConsolidatedFEED.
QuantFEED is an ultra-low latency fully managed solution designed to
Saxo Capital Markets Australia has launched SaxoTraderPRO, a new platform for professional active traders and institutional investors.
SaxoTraderPRO was built leveraging Saxo’s unparalleled global markets access, offering private and institutional clients over 35,000 financial instruments across all asset classes, including ETFs, Stocks, Bonds, CFDs, Forex, Futures and Options, all from a single account.
The new platform is an advanced multi-screen desktop trading solution, offering a fully customisable workspace for both Windows and Mac with no monthly fees.
Specially developed for professional active traders, SaxoTraderPRO is set to replace the current SaxoTrader platform, while SaxoTraderGO, launched in 2015, continues
China-based futures investment company Holly Futures has selected Horizon Software’s platform for market making for iron ore and corn futures on the Dalian Commodity Exchange (DCE).
Holly Futures is a large-scale futures company approved by the China Securities Regulatory Commission. It is one of the most reputable futures companies in China and a leader in the Jiangsu Province futures industry. The company is also the only one in Jiangsu Province which has been honoured as Class A Grade A futures company for seven years in a row.
Ma Dongdong, Head of Options Department at Holly Futures says: “We were
Carey Olsen has advised AX1 Limited on the initial coin offering (ICO) of its AX1 Token. The ICO proceeds will be invested by AX1 Limited’s subsidiary into a cryptocurrency mining operation based in the UK.
Partner Chris Griffin led the Carey Olsen team advising AX1 Limited and was assisted by associate Joseph Barker-Willis. Carey Olsen once again worked closely with the Jersey Financial Services Commission (JFSC) to shepherd the ICO through JFSC approval.
Stuart Anderson, CEO of AX1, says: “Many ordinary investors were watching perplexed from the sidelines last year when they saw such activity with Bitcoin and other
IHS Markit, a specialist in information, analytics and solutions, has acquired DeriveXperts, a provider of valuation services for OTC derivatives and other complex financial securities.
The acquisition complements and enhances the existing derivatives data and valuations businesses at IHS Markit.
“IHS Markit strives to be the best source of independent valuations of OTC derivatives and other complex financial assets and this expansion shows our commitment to providing customers with exceptional coverage and quality,” says Gianluca Biagini, managing director for derivatives data and valuation services at IHS Markit. “DeriveXperts brings us a skilled team and a high-quality service that extends
Boutique prime broker, Invast Global, has launched a Tokyo oneZero Hub in TY3. This development follows on from the unveiling of the Invast LD4 oneZero Hub only three weeks ago.
The addition of the TY3 Hub means that clients around the world can now seamlessly connect to the award-winning liquidity of Invast Global in NY4, LD4 and TY3 for FX, Metals, Index CFDs and Commodity CFDs.
According to Invast Global, the recent series of announcements highlighting a closer relationship between the prime broker and oneZero is a precursor to a major upcoming announcement regarding the launch of a comprehensive liquidity
By George Ralph, Managing Director of RFA – How does a modern business organise its technology estate so that it is meeting the needs of the workforce, while making best use of infrastructure and the resources that it has available to it?
It used to be the case that most organisations stored their data on site, in NAS filers or similar, using block storage for high-performance input/output, which is great on-premise or across locations operated by the same organisation. However, block storage doesn’t offer practical mobility features because it depends on the use of a file system above the
