Solutions
Avelacom, a provider of connectivity and IT infrastructure solutions, has launched a new point of presence (PoP) in the Australian Security Exchange’s (ASX) Australian Liquidity Centre (ALC), Australia’s only data centre dedicated to the financial markets community.
The initiative is designed to meet the rising needs of proprietary trading desks and brokerage firms to access Australian capital markets over a single, low-latency network that also connects trading venues in Asia Pacific, Middle East, Europe and North America.
Avelacom will serve as an official Network Service Provider (NSP) within the ALC and has the capability to provide ALC members with
OTCX, an over-the-counter derivatives platform, has secured backing from the Angel CoFund as part of its latest funding round.
The Angel CoFund is a GBP100 million investment fund, supported by the British Business Bank, with objectives to back promising UK businesses and help develop the important business angel investment market.
In a market in which over 50 per cent of OTC derivatives are traded via chat, email or voice technology, OTCX provides new solutions that help structure price discovery, negotiation and affirmation communication between counterparties. The investment by the Angel CoFund is further validation of OTCX’s technology and progress in bringing an antiquated OTC derivatives community into the
IHS Markit has launched new trade technology solutions from MarkitSERVwhich enable full automation of settlement and margin payments in the cross-currency swaps market, helping firms to reduce financial and operational risk throughout the trade lifecycle.
Cross-currency swaps expose counterparties to settlement risk due to the high value of initial and final principal exchanges that take place in this USD30 trillion market. New automation, workflow and integrations between MarkitSERV and both CLS and LCH SwapAgent enable firms to automate swaps payments, including initial and final notional exchange settlements through CLS and variation margin payments with LCH Swap Agent.
“MarkitSERV and
By George Ralph, RFA – Why is Blockchain the latest buzz word? What is it, and do you need it in your alternative investment firm?
Essentially blockchain technology is a distributed ledger tech for real-world applications. It is a peer to peer entity which is not maintained by any one organisation, but is open to all blockchain members. A blockchain ledger is replicated across all users of that blockchain and when a transaction is updated in one ledger, all other ledgers are simultaneously updated in chronological order. Everyone in the blockchain can see and verify the chain of events. The ledger is
Charles River Development has formalised a partnership with OpenDoor Securities to provide asset managers with access to OpenDoor’s all-to-all market-based solution for off-the-run US Treasuries and TIPS, directly from the Charles River Investment Management Solution (Charles River IMS).
Under the agreement, Charles River clients will be able to participate in OpenDoor’s daily anonymous auctions from their trading blotter.
The Charles River IMS provides connectivity to leading global fixed income venues, enabling buy-side clients to source liquidity across asset classes, analyse execution quality from multiple dimensions and demonstrate best execution to investors and regulators.
OpenDoor’s unique market-based solution hosts
PEGAS has launched Congestion Management Products (CMP) on the French Nord and TRS delivery zones, to help the Transmission System Operators GRTgaz and TIGF manage potential congestions on their grids. 


The Nord and TRS zones are scheduled to merge in 2018 but bottlenecks could still occur in some specific flow configurations. Some can be observed already today, such as during last winter when grids witnessed periods of high tensions. To avoid these situations, physical mechanisms, such as forced renomination instructions, already exist. However GRTgaz and TIGF, following network code directions, have expressed the need for market- based solutions to complete
NEX Optimisation, which helps clients reduce complexity and optimise resources across the transaction lifecycle, has provided central clearing connectivity for its FX risk mitigation service in non-deliverable forwards.
The clearing connectivity capability enables dealers to flag trades that are part of a risk mitigation cycle for automatic submission to a central counterparty clearing house (CCP).
Clients of the Reset FX risk mitigation service can now benefit from direct connectivity to CCPs allowing trades matched between two counterparties to be submitted directly for clearing rather than having to be re-submitted for secondary matching prior to communication to a CCP.
Saigon Securities Inc (SSI) has chosen Horizon Software for warrants and futures market making on the HNX (Hanoi Stock Exchange) and HOSE (Ho Chi Minh Stock Exchange).
Ekaluck Chaiyaporn (pictured), ASEAN Sales Director at Horizon, says: “The selection process with SSI was rigid, and we are very pleased to have been chosen by them; we can definitely see the potential for growth for both our businesses as a result of this deal. Working with SSI adds to our track-record of working with and understanding emerging markets and the technology needed to support their development. We have demonstrated time and time
Manifold Partners is to become the first firm to offer its equity strategies to investors through Kettera Strategies’ Hydra, a managed account marketplace for macro, commodities and liquid equity hedge fund strategies.
Manifold Partners is an investment firm specialising in scientific forecasting of securities prices and having nearly USD1 billion in assets under management and/or supervision. Wall Street veterans, Donald H Putnam and James A Creighton continue to develop cutting edge systems at Manifold Partners by using machine learning and Artificial Intelligence to develop and combine securities price expectations.
“We are excited to be breaking new ground with the
The European Energy Exchange (EEX) achieved a total volume of 261.3 TWh on its power derivatives markets in October (October 2016: 410.1 TWh).
The October volume comprised 141.1 TWh traded at EEX via Trade Registration with subsequent clearing. Clearing and settlement of all exchange transactions was executed by European Commodity Clearing (ECC).
The shift in liquidity from the German-Austrian Phelix Future into the German Phelix DE future continued to increase in October. A large share of German trading volumes for maturities beyond 2018 is already traded in the Phelix-DE Futures on a regular basis. In October, options were traded on
