Solutions
Coinfloor, a group of cryptocurrency exchanges for institutional and sophisticated investors and traders, has launched CoinfloorEX – a cryptocurrency futures exchange.
It will allow hedge funds, traders, sophisticated investors and miners to unlock the financial potential of Bitcoin at scale, through specifically designed cryptocurrency contracts and operational controls, underpinned by institutional grade risk management and governance.
CoinfloorEX will offer for the first time ever physically delivered cryptocurrency futures contracts, created to protect investors and traders against price slippage on positions at time of settlement, as well as concerns of market manipulation. Settlement is based on physical delivery rather than
Cboe Global Markets has announced the settlement of the March expiry Cboe bitcoin (XBT) futures, the third contract settlement conducted since its launch in December.
The settlement price was USD8,236.11, as determined by the 4:00 pm ET Gemini1 Exchange bitcoin auction.
Cboe bitcoin futures, the first regulated futures of their kind, launched on 10 December 2017. More than 418,000 contracts have traded across expiries since the launch, representing a notional value of over USD4.6 billion. The contracts, which are cash-settled, were specifically designed to allow participants to implement straightforward trading strategies through settlement to a single, tradable auction price
Liquidnet has appointed Timothy Gee as Head of the Western Sales Team. Gee brings over 30 years of industry experience and will be responsible for the Western Sales Region in the US, which includes the Midwest and the West Coast.
“With approximately one quarter of our US equity trading originating from the Western Sales region, 2018 proved to be the perfect time to grow out the team and open a new office in San Francisco,” says Brennan Warble, Liquidnet’s Head of Americas. “We’re happy to be bringing on Tim, who is well-versed in our business and well-regarded in our industry,
Bitfinex, one of the world’s largest cryptocurrency exchanges by trading volume, is to integrate the Irisium Surveillance platform.
Irisium Surveillance will improve Bitfinex’s ability to identify and investigate manipulative behaviours and suspicious trading practices on its exchange, improving market integrity and visibility.
Bitfinex CTO Paolo Ardoino says: “Comprehensive market and trade surveillance capabilities are integral to operating an exchange. To meet the complex needs of an evolving digital asset class and to protect our sophisticated participants, Bitfinex requires an agile surveillance system built on the latest technology.
“Together with our experienced team, the Irisium platform will provide the
By Olivia Munro, Eze Castle Integration – Financial institutions and firms continue to embrace cloud computing technology. While the hybrid cloud is rising in popularity for firms, there are still some common misconceptions about the methodology.
1 Hybrid cloud is a third and new type of cloud
When the hybrid cloud methodology emerged, many were under the impression that this was a third and new type of cloud. However, the Hybrid Cloud is a blend of private and public cloud. This doesn’t necessarily mean that if you have Private and Public Cloud, you are using the hybrid methodology. True Hybrid
By Amanda Daly, Eze Castle Integration – Black Hat vs White Hat & every shade in between. The term hacker carries a negative connotation because a majority of the time we only hear about the “bad” hackers. Hackers tend to attack more often than they should. Be sure to be guards up and on the lookout for hacker’s exploits – from social engineering to poor patch management – to protect your firm.
Black hat hacker’s tricks
Black Hat hackers exploit individuals for money, information, and much more, all for personal gain. White Hat Hackers, however, are the good guys. White Hat
ThinkMarkets is to launch a new multi-asset blockchain-based exchange, TradeConnect, which will allow investors to trade a wide range of financial products such as FX, commodities, precious metals, equities and cryptocurrencies.
TradeConnect will allow peer-to-peer trading between individuals and institutions, removing the need for an intermediary. The exchange will use artificial intelligence to build digital personas for investors, so that each trade is matched on the network with the right participant as quickly as possible and at the best price. This significantly reduces trading costs and stabilises pricing on the exchange, to create a more level playing field. The exchange
Hehmeyer Trading + Investments has launched the Hehmeyer Cryptocurrency Index Fund, a new product that will provide certain qualified investors with access to the cryptocurrency market by investing in a fund that aims to track the performance of the proprietary Hehmeyer Cryptocurrency Index (HCI).
Launching as a commodity pool for qualified eligible persons and accredited investors, the fund will be managed by Hehmeyer Capital Management, a commodity pool operator registered with the Commodity Futures Trading Commission and a member of the National Futures Association. The fund is one of a few vehicles that provide exposure to this growing asset class
The Blockchain Board of Derivatives (BBOD) is to become the latest Exchange to implement GMEX Fusion, an integrated centralised and distributed exchange platform solution.
As one of a new breed of cryptocurrency derivatives exchanges, BBOD is looking to attract multiple diverse participants and provide market-leading liquidity by providing a venue where futures and swaps on Ether and Ethereum-based tokens can be traded. BBOD is partnering with GMEX to deliver a technology solution aimed to attract both retail investors and deliver the scale and functionality to meet the needs of the institutional marketplace.
This is a significantly differentiated offering compared
Tom Mahala (pictured), former Global Head of Capital Introduction and Americas Hedge Fund Relationship Management at BNP Paribas, has launched Layton Road Group, which will offer capital introduction and placement agent services to the alternative asset management community through Profor Securities, a member of FINRA and SIPC.
Profor Securities is a 13-year old broker-dealer and placement agent.
Through its inaugural Outsourced Cap Intro for prime brokers service, Layton Road seeks to expand and enhance the current capital introduction approach traditionally offered directly, in-house by teams within investment banks’ prime brokerage groups. “The traditional approach to capital introduction is fraught with
