Solutions
Global regulation has developed like a slow growing but increasingly powerful storm system over the last five years. And whereas big wave surfers welcome such conditions thanks to the epic waves it produces, there are, it could be argued, precious few C-suite executives relishing the equivalent regulatory waves being cast ashore.
The Gemini Companies (Gemini) has shared market intelligence introduced during a panel discussion it recently hosted about the management of digital assets. The panel was organised as part of Gemini’s industry networking event on 13 February, 2018, at the HGU Hotel in New York City.
Panelists included: Marc Powers, Partner at BakerHostetler LLP; Todd Briggs, Partner, RSM US LLP; Scott Foster, Principal-Institutional Custody, Kingdom Trust; and Skyler Steinke, Senior Vice President of Business Development for Gemini’s hedge/alternative fund solutions.
The discussion, moderated by James Harvey, journalist covering cryptocurrencies for HFMWeek, addressed the rise of cryptocurrency-focused hedge funds
Broker AxiTrader has launched extra tight spreads on cash contracts for differences (CFDs), offering what it says is one of the most competitive pricing structures in the market.
CFDs allow traders to follow an asset price both up and down, with cash payments used for the differences in settlement, rather than physical goods or securities.
AxiTrader’s UK customers can now take advantage of the low spreads and incredibly competitive financing, which are available for cash CFD trades on the S&P index.
“The S&P can be very volatile, as recent fluctuations have demonstrated,” says Louis Cooper (pictured), Global Head
Stockchain Foundation has launched a one-stop integrated market query platform that allows investors to check the cryptocurrency status across all exchanges at the same time.
This index of market prices will enable investors to make more informed decisions about their investments in various blockchain-based projects.
More and more blockchain-based projects have been mushrooming all over the world and each project has different goals and purposes. To judge if it’s a project worth investing in, it is important to know its mission, strengths and innovation. A good project is one that solves critical problems and also has the potential for
Donnelley Financial Solutions, a provider of risk and compliance solutions, is partnering with index and analytics provider MSCI to provide a reporting solution for investment managers and fund administrators that complies with new Securities and Exchange Commission (SEC) modernisation requirements.
With the SEC’s Reporting Modernisation Rules, which go into effect on 1 June 2018, US mutual funds and other registered investment funds are required to gather more extensive information at a higher frequency – including additional reference and taxonomy data and risk metrics – to meet their monthly Form N-PORT requirements. Under the agreement, MSCI will provide financial market data
Duco, a data engineering technology company, has launched a new version of its self-service reconciliation solution, Duco Cube.
The new Hybrid SaaS solution behaves like Duco’s cloud-based Software as a Service, while being deployed on modern private or public cloud infrastructure operated by Duco’s clients.
Duco assumes all testing and upgrade responsibility. Duco’s banking clients will benefit from monthly releases, continued innovation and the ability to scale without projects, without having to externalise their data.
Julian Trostinsky has joined Duco as VP Global Services and is taking ownership of Hybrid SaaS. Julian was previously at Citi, Bank of
The Standards Board for Alternative Investments (SBAI) has established a North American Committee of leading alternative investment managers and institutional investors to direct the SBAI’s efforts in the region.
The SBAI is supported by approximately 200 alternative investment managers and investors overseeing USD3 trillion.
Members of the SBAI North American Committee will include: Jane Buchan, CEO, PAAMCO; Clint Carlson, President & Chief Investment Officer, Carlson Capital; John Claisse, CEO, Albourne Partners; Tom DeVita, COO & CFO, MKP Capital Management; Samantha Foster, Managing Director, University of Southern California; Ed O’Reilly, Senior Managing Director, Citadel; Russell Read, CIO, Alaska Permanent Fund;
Quantile Technologies (Quantile) has completed the world’s first live multilateral counterparty risk reduction run in the OTC equity derivative markets.
The new service reduces exposure using risk-reducing trades generated from proprietary optimisation technology. Six major global banks participated in the initial run, which targeted initial margin reduction between participants.
This development marks a major expansion of Quantile’s cross-asset class services which now comprise multilateral risk reduction services in foreign exchange, rates and equity derivatives; these complement its compression offerings, designed to eliminate redundant notional and trade count. The Quantile equity derivatives service, together with its rates and FX equivalents,
Asia Pacific Exchange (APEX) is to launch a new and customised clearing system for OTC and exchange-traded markets, delivered by Cinnober.
Based on TRADExpress RealTime Clearing, APEX’s new derivatives marketplace will aim to provide a complete end-to-end solution for the post-trade value chain.
This follows the news that APEX has received licenses from the Monetary Authority of Singapore to operate a derivatives exchange and clearinghouse. APEX, backed by Chinese investors, is scheduled to open during the second quarter of 2018 with USD-denominated physically-delivered palm olein futures as its first contract.
APEX will be Singapore’s third derivatives exchange after
OANDA has partnered with Dell Boomi, a provider of cloud integration and workflow automation software, to offer the OANDA Exchange Rates API Connector to all Dell Boomi customers.
Directly accessible through the Dell Boomi platform, the connector allows customers to easily integrate the OANDA Exchange Rates API with SaaS-based applications such as SAP, Oracle E-Business Suite, Microsoft Dynamics, Salesforce and more. By integrating the API with these systems, customers can query OANDA’s daily exchange rates and build sophisticated workflows to automate foreign exchange (FX) data right into their system.
Mateo Graziosi, Head of FX Data Services at OANDA, says:
