Solutions
PitchBook, a data provider for the private and public equity markets, has released a proprietary framework designed to help retail and institutional investors assess the long-term value proposition of blockchain protocols.
Until now, no other reputable institution has successfully defined the standard factors driving long-term value creation for blockchain protocols. Investors are left with a limited understanding of how to evaluate the viability of a crypto-asset investment – an asset class plagued by high levels of price volatility and uncertainty. PitchBook believes the crypto-asset class has the same risk profile as early stage venture investments and should be evaluated in
General partners (GPs) in the alternative investment industry now have a single app that combines CRM tailored for capital raising and investor relations with global institutional investor intelligence.
advinda Investor Cloud’s new capital raising app includes contacts for limited partner (LP) decision makers, segmented by region and investor type.
“Thousands of GPs in the alternatives industry still use spreadsheets to keep track of communications with potential investors,” says Eva March (pictured), CEO at advinda. “This is highly inefficient, non-collaborative, and frankly, there is a better way. advinda now gives these GPs the opportunity to make their capital raising easier,
Cboe Global Markets has reported a record week of trading activity with several single-day records across the company’s exchanges and products set between 2 February 8 February.
Trading of options on the Cboe Volatility Index (VIX) at Cboe Options Exchange set three single-day volume records within the week, with a new all-time high of 4.34 million contracts on Friday, 2 February, 2018, followed by 4.19 million contracts on 6 February and 3.55 million contracts on 5 February . These records surpass the previous single-day record of 3.1 million contracts on 1 December, 2017.
Trading of VIX futures at Cboe
Luminex Trading & Analytics, a buy side-owned trading venue delivering block executions, has added a conditional order type to its unique, buy side-only alternative trading system (ATS). This upgrade has helped make January 2018 Luminex’s best-ever month by volume.
Luminex’s trading platform now supports negotiable, firm and conditional orders. The addition of conditional orders is designed to make trading on Luminex more efficient for many buy side workflows, and should allow subscribers to interact with more block orders. Negotiable and firm orders continue to be available and will help to prevent “fall downs”, negotiations in which one party backs out
CUSIP Global Services (CGS) has launched an enhanced version of its popular New Issue Alert Service, CUSIP Pulse, which now provides automated, near real-time updates on any changes to the CUSIP database.
Designed to improve reference data transparency by providing market participants with timely updates on any changes made to the CUSIP database, the new CUSIP Pulse service automatically alerts subscribers when new securities are added, or when a change – such as a corporate action, issue suspension, or maturity date update – is made to an existing record. These updates are provided every 15 minutes, giving market participants near
FactSet, a provider of integrated financial information analytical applications, has formed a strategic relationship with CG Blockchain, a developer of blockchain technology for the investment industry.
FactSet clients will now have access to CG Blockchain products through its BCT Fundstore. CG Blockchain’s current and future clients will also use FactSet’s industry-leading Portware execution and order management capabilities, delivered as FactSet OEMS, for trade execution, analysis, order generation, and compliance efforts.
FactSet OEMS is a configurable, “thinking” order and execution management system designed to act as the central platform for the creation and execution of trading strategies across asset classes.
Liquidnet, a global institutional trading network, and Abel Noser Solutions have launched the pilot of Portfolio Manager Profiling.
The model, when incorporated into Liquidnet’s Virtual High Touch Next Gen algo suite, links historical trade and TCA data with the portfolio manager’s decisions to create a distinct profile for each participating portfolio manager. These profiles are then factored into determining a suggested algo trading strategy via Liquidnet’s Algo Ranking Model (ARM).
“A portfolio manager’s tendencies have always influenced a trader’s execution strategy but being able to consistently replicate a profile pattern used to be a challenge,” says Peter Weiler (pictured),
Brave New Coin, a blockchain and cryptographic assets research company, has launched the General Taxonomy for Cryptographic Assets, the first global classification standard to capture the breadth, depth, and evolution of distributed ledger technology-based assets across industry sectors.
The General Taxonomy is a critical step in the maturation of cryptographic assets as an investment class and is intended as a tool for investors, regulators, asset managers, and developers to better inform their decision making.
Brave New Coin Head of Research, Rafael Delfin, says: “The advent of blockchain technology is enabling mass collaboration across world markets, generating millions of transactions
OpenFin, a desktop operating system built specifically for the needs of capital markets, has publicly contributed code to the Symphony Software Foundation that allows, for the first time, any OpenFin customer to deploy Symphony Chat on the OpenFin operating system.
The integration, currently in beta testing, enables seamless deployment and interoperability of Symphony alongside the expanding ecosystem of applications already running on OpenFin.
The Symphony Software Foundation (the Foundation), is a nonprofit organisation fostering innovation in financial services through open source software (OSS). The OpenFin contribution code is based on a standard developed collaboratively by the Foundation’s Desktop API
The Global Legal Entity Identifier Foundation (GLEIF) has published the first monthly relationship file that matches a Business Identifier Code (BIC) assigned to an organisation against its Legal Entity Identifier (LEI).
With the launch of this open source file, GLEIF and SWIFT have pioneered a cooperation model that, for the first time, enables market participants to link and cross-reference these key entity identifiers free of charge. This will significantly streamline entity verification processes and reduce data management costs.
The BIC-to-LEI relationship file is built upon a mapping process established by SWIFT and certified by GLEIF. It is published on
