Solutions
Prime brokerage divisions are focused on the task at hand of maximising their revenues at a time when the largest bank-owned operators face stiff competition from specialised, boutique primes, keen to offer clients a more inclusive, high-touch service.
The more diverse one’s revenue streams, the better. The days of taking in as many hedge funds as possible, on the assumption that trade revenues and commissions would boost a bank’s coffers, are long gone. This myopic approach, without fully understanding the total book of business a hedge fund might be doing beyond merely the equities desk, feels oddly out of place
Intercontinental Exchange (ICE) and Blockstream, a specialist in blockchain technologies and financial cryptography, have launched the Cryptocurrency Data Feed offering real-time cryptocurrency information and will initially include data from more than 15 cryptocurrency exchange venues globally.
The exclusive agreement between ICE Data Services and Blockstream offers extensive coverage of prices and order book data for bitcoin and several other leading cryptocurrencies.
“With the broad array of cryptocurrencies and exchanges, and given the price variances between exchanges, it’s critical that investors have a comprehensive source of pricing information,” says ICE Data Services President and COO, Lynn Martin (pictured). “We’re excited
An international survey of CTAs – managed futures managers – has revealed limited enthusiasm for the new Bitcoin futures contracts offered, since December 2017, by CBOE and CME Group.
The survey was conducted in early January by BarclayHedge, a leader in the field of alternative investment data analysis.
The survey, which involved managers from as far afield as Japan, Cyprus and Switzerland although predominantly based in the USA, indicated that some 73 per cent of those questioned, did not “consider Bitcoin futures to be a valuable/useful addition to a diversified futures portfolio” and that over 80 per cent had
The European Energy Exchange (EEX) registered the first trade on Industrial Wood Pellets Futures on its platform on Monday, 15 January 2018.
The trade for 10 lots in the Feb 18 delivery is equivalent to 1,000 tonnes and was brokered by Tradition on behalf of Vattenfall Energy Trading and Total Gas & Power Ltd.
The contracts complement EEX’s product portfolio of energy-related, globally traded commodities and allow market participants an effective price hedging tool with financially settled futures. Quoted in US dollars, the product offers access to a wide range of existing EEX market participants, from utilities and producers
Torstone Technology, a provider of post-trade securities and derivatives processing, today announced that it has entered the Norwegian market by connecting its flagship Inferno platform to Verdipapirsentralen ASA (VPS), Norway’s Central Securities Depository.
Inferno is a modern, flexible, scalable and cost-effective post-trade platform which will enable seamless connectivity to VPS for firms trading VPS-registered securities, such as shares listed on the Oslo Stock Exchange (Oslo Børs) as well as bonds and commercial paper issued in Norway. Its real-time, event-driven, service-orientated architecture enables firms to achieve very high rates of straight through processing (STP).
At the request of a market participant, VPS had
TraderTools, a fintech firm providing FX market participants innovative solutions for liquidity access and distribution through its Unique Liquidity Network (ULN), has completed migrating all of its customers to the Abacus Private Cloud, leveraging Abacus tier-3 data centres in both the UK and the US.
Abacus Group is a provider of hosted IT solutions and application hosting for alternative investment firms and financial services software providers.
The TraderTools ULN provides a single point of access to aggregated liquidity from a diverse pool in G-7 and emerging market currencies. TraderTools helps clients tap into effective credit solutions that brings speed to market,
TradeStation International, the London-based, United Kingdom subsidiary of TradeStation Group, has teamed with Interactive Brokers (UK), an affiliate of the Interactive Brokers Group (IBKR), to offer a TradeStation Global platform and brokerage account with the ability to trade markets across the globe.
This new TradeStation Global product combines the TradeStation trading analysis platform – including a wide range of TradeStation premium features such as the RadarScreen market monitoring and ranking tool, a market depth tool and the fully customisable TradeStation Charting package – with Interactive Brokers’ multi-currency global account, execution, clearing and settlement capabilities and very low margin rates.
Qualified
Aquis Technologies, the financial and regulatory technologies services arm of Aquis Exchange, has launched Aquis Market Gateway (AMG), its new connectivity hub.
AMG is designed to enable Systematic Internalisers (SIs) and Counterparties to connect bilaterally, via a normalised application programming interface (API). The relationship between SIs and their Counterparties, such as brokers and vendors, via the AMG is entirely and strictly bilateral and thus in line with the new MiFID II stipulations. Aquis Technologies has already agreements with 10 firms to use the AMG.
Aquis Technologies creates and licenses cost-effective, high volume, low latency trading platforms and real- time
By Olivia Munro – In today’s changing regulatory and investor landscape, Information Security Plans are critical for hedge funds and investment management firms to comply with SEC regulations, due diligence requests and state laws. In our recent webinar, we had our in-house information security experts weigh in on Information Security Plans: what they are, why they are important, and the nine steps your firm can take to create one.
What is an Information Security Plan and Why Have One?
An information Security plan can take on many forms, but generally it is a collection of policies and procedures around your information and
Saxo Bank has announced the launch of the Essential account – a price competitive solution for entry-level traders.
The new account type has launched in the UAE and UK and will be followed by a roll out in Australia and Singapore during the first months of 2018. In the selected markets trading accounts for individuals will consist of Essential, Classic, Platinum and VIP allowing Saxo to cater for all size and types of client.
The Essential account will offer access to four asset classes; FX, index CFDs, stocks and bonds. Clients will be able to access Saxo’s full range
