Solutions
By George Ralph, RFA – I’ve written before about the ways in which hedge funds can gain much needed competitive edge in order to stand out in this crowded marketplace, and there are a few key areas where firms can excel and nudge ahead of the competition. Developing solutions to automate workflows is a key area for many firms, as bespoke, slick workflows can optimise operations at every stage of a trade.
Anything that improves the investor’s experience is a good thing and it is becoming more important than ever to provide first rate customer service. However, we work with
Asset managers today are faced with having to deal with a plethora of liquidity regulations. Most of the liquidity-related concerns in respect of Comprehensive Capital Analysis Review (CCAR) prescribed by the Federal Reserve Board, Solvency II, MiFID II – due to go live on 3 January 2018 – and liquidity coverage ratios under Basel III are essentially just rules from the regulator to adhere to.
This has required financial institutions to become more prescriptive in terms of improving their trade compliance frameworks and enhancing pre-trade analytics.
But the goalposts are moving.
Regulations such as the upcoming Investment Company Liquidity
Toppan Vintage, an international financial printing, communications and technology company, has formed a global partnership with virtual data room (VDR) provider Intralinks.
The companies will jointly market and develop a suite of best-in-class services for deals, including the leading virtual data room, the industry’s only auto-pagination typesetting system and traditional financial printing services. Combining the best VDR and financial printing and communications solutions will enable dealmakers and issuers to be more productive than ever.
“We’re incredibly excited with the Intralinks’ alliance,” says Yeo Chee Tong, President & CEO of Toppan Leefung, Toppan Vintage’s parent company. “As one of the
Singapore Exchange (SGX) has welcomed Hong Kong-based Qantex Capital Markets (Qantex Capital) as the latest Derivatives Trading Member of Singapore Exchange’s (SGX) derivatives market.
Michael Syn, Head of Derivatives at SGX, says: “We warmly welcome Qantex Capital to our expanding derivatives market and look forward to their participation as we continue to grow our global distribution.”
Simon Harman, CEO of Qantex Capital, says: “We are pleased and honoured to be admitted as a Derivatives Trading Member of SGX. SGX plays a key role in the development of the derivatives markets both globally and within Asia, and we look forward
FlexTrade Systems, a specialist in cross-asset execution and order management systems, has launched an enhanced version of its multi-OMS aggregation functionality, an in-built feature of the FlexTRADER EMS, which allows users to merge and net orders across multiple OMSs regardless of the underlying version or implementation.
“With a number of major asset manager mergers over the past few years bringing together a variety of OMS technologies, we have seen a surge of interest in FlexTRADER’s unique abilities in cross-OMS order aggregation,” says Oliver Boatfield (pictured), EMEA Sales Director at FlexTrade UK.
Along with the ability to dynamically merge orders
Corgentum Consulting, a provider of integrated operational due diligence reviews and background investigations, has expanded its suite of background investigation services for investors seeking to evaluate reputational risk at fund managers.
Corgentum’s offering now includes social media and expanded web searches. including analysis and monitoring of social media related to funds and key personnel including Facebook, Twitter, LinkedIn, deep web and dark web searches, as well as ongoing investigative monitoring which covers background developments with global watchlist notifications including monitoring of traditional media, court filings, regulatory and arrest records.
In addition, Corgentum offers flash reports – red flag report
EEX Group has successfully novated all remaining 2018 – 2024 positions in Dry Bulk Freight FFA from LCH Ltd to its clearing house European Commodity Clearing (ECC). The novation marks yet another significant milestone in EEX Group’s strategy to expand in globally traded markets.
In total, 31,220 lots from 2018 onwards were transferred to ECC, significantly expanding EEX Group’s customer base and depth of liquidity in the freight sector. Following the novation, EEX Group’s freight portfolio now includes the full suite of dry bulk freight contracts thereby substantially increasing the open interest in freight options at ECC and extending the
Esprow, a provider of enterprise testing technology for the financial markets, has released version 3.0 of ETP Studio for FIX.
Delivered as an in-premise solution, version 3.0 of ETP Studio for FIX includes more than 200 new features, with a focus on ad-hoc testing of FIX APIs, generation of test results and test specifications, and emulation of more than 70 new FIX venues and binary exchanges.
Users of ETP Studio for FIX can leverage these new capabilities to advance their path towards DevOps automation, by simulating both client’ FIX flow and trading venues’ responses, using both FIX and native
McKay Brothers International has added Milan and Zurich points of presence to its Quincy Extreme Data (QED) service. The QED POPs in Milan and Zurich distribute a broad range of low latency futures contracts from the US and the UK.
“To meet best execution standards, it is critical that market data be the most current available,” says Francois Tyc (pictured), Managing Director of McKay Brothers International. “We are pleased to provide subscribers more opportunities to use QED to inform their trading and as they work to meet their MiFID II obligations.”
QED now provides select Aurora, Illinois-sourced Equity Index,
More than 2,000 NYSE FANG+ Index Futures contracts were traded in the first week on ICE.
Intercontinental Exchange (ICE) successfully launched the NYSE FANG+ Index futures contract on ICE Futures US(R) on 8 November, 2017, with over 2,000 contracts traded in the first week.
NYSE FANG+ Index futures were designed to offer hedging and exposure to a select group of highly-traded growth stocks of tech-enabled companies. The NYSE FANG+ Index contract is a cash settled quarterly futures contract based on the NYSE FANG+ Index, and offers the capital efficiency of futures.
“We’re pleased with the initial interest we’ve
