Solutions
Nasdaq’s Nordic Fund Market (NFM) has launched on the Bricknode Marketplace, allowing the Swedish company’s users to become Nasdaq customers and do business with more than 5000 funds in the EU.
“Our goal is to be the number one cloud based “ecosystem” for financial businesses, institutions, Fin Tech-innovators and app developers. Integrating Nasdaq’s system with ours is an indicator that we are well on our way there,” says Bricknode founder Stefan Willebrand (pictured).
Through Nasdaq, Bricknode users can now choose between two services: NFM Order Routing for automated fund orders or NFM Full Service that also supports settlements, payments,
S&P Dow Jones Indices (S&PDJI) is now publishing carbon metrics on the majority of its equity indices, including the S&P Global 1200, S&P 500, Dow Jones Industrial Average and environmentally-focused indices including S&P Global 1200 Carbon Efficient Index Family and S&P Global 1200 Fossil Fuel Free Index Family.
S&P DJI is the first index provider to publicly display carbon metrics as standard alongside financial data on its indices on a monthly basis. The initiative is part of S&P DJI’s commitment to support ESG transparency enabling market participants to understand, measure and manage carbon risk.
There are three metrics currently
Global investment research platform Alphametry has launched a comprehensive research management solution for the buy-side.
Alphametry Investor will provide all asset managers, regardless of their size, with the benefits of a powerful, cloud-based solution enabling them to manage all their research with meaningful analytics, with the added advantage of complying with the new unbundling rules.
Adapting to the new MiFID II regime, which requires the separation of research and execution fees, is just the tip of the iceberg. Competition and innovation are forcing firms’ investment processes to evolve dramatically. Highly diverse sources of research must be quickly and systematically turned
TMX Group Limited (TMX Group) is to acquire London-based Trayport Holdings Limited, and its US-based affiliate, Trayport Inc – a provider of pre-trade energy solutions for traders, brokers and exchanges – from Intercontinental Exchange (ICE) for GBP550 million (CAD931 million) in total consideration, including GBP350 million (CAD592 million) in cash.
In conjunction with the proposed acquisition of Trayport, TMX Group has agreed to sell Natural Gas Exchange Inc (NGX) and Shorcan Energy Brokers Inc (Shorcan Energy) to ICE, valued at a combined GBP200 million (CAD339 million). The sale of these assets was an important component of TMX Group’s successful bid,
Indian tech firm WandX, led by CEO Abhinav Ramesh (pictured), is to launch a token sale on Friday 27 October to fund the building of its new platform, which will allow investors to create and trade in derivative products based on crypto-assets.
Expectation around the token sale is high and a pre-sale raised 530 Ether (approximately USD150,000) in only 36 hours.
Ramesh, who has a background in supply-chain and analytics at Ernst & Young, says: “Until now, cryptocurrency investors have used decentralised exchanges to buy and sell different cryptocurrencies, in the hope of growing their assets. The difficulty that investors
ICE Futures Europe expects to launch a new one month, cash-settled futures contract based on the Sterling Overnight Index Average (SONIA) rate on 1 December, 2017.
“We are pleased to introduce SONIA futures to our Sterling interest rate portfolio alongside the highly liquid Short Sterling and Gilt futures markets,” says Stuart Williams (pictured), President, ICE Futures Europe. “We’ve seen significant growth in demand in both Sterling and Euro interest rate futures and options this year, and remain committed to developing innovative solutions that meet the needs of our customers.”
ICE offers a comprehensive range of European interest rate futures
Circle Partners has been providing offshore and European onshore support for the last 17 years. The current focus of expansion is to support US managers by providing onshore fund administration services for the same.
“We look to partner with our clients and tailor our services as much as possible to meet their needs,” says Joy Crouse (pictured), Business Development Manager of Circle Partners. “We have an experienced, committed team and have a low turnover by industry standards. Our operations team in the US has been intact for nine years.”
Circle provides a comprehensive range of fund administration services to its clients
Over-the-counter (OTC) market information specialist ICAP Information is to provide Limina Financial Systems with interest rate derivatives and money markets data generated from ICAP’s deep liquidity pool.
Access to high quality pre-constructed interest rate curves and data enhances the risk management capabilities of Limina’s Captron fund management platform.
Based in Stockholm, Limina provides hedge funds with a complete, automated front-to-mid-office system, incorporating order management, portfolio management and risk management workflows in a single solution. The availability of ICAP Information’s data within Captron will heighten the accuracy of risk management, accelerate risk modelling and sharply reduce maintenance costs for Limina’s
By George Ralph, RFA – Risk is part of everyday life for firms in the private equity sector and goes way beyond volatile markets and unpredictable cash flows. Firms must deal with the risks associated with the use of technology, in both the private equity firm and its portfolio companies.
If the infrastructure or systems fail to meet expectations, if they cost more to operate, are unreliable and do not work well, they bring uncertainties and pose significant technology risk. There is also risk associated with the use of third party suppliers, as many firms routinely engage third parties to
QuantHouse, the independent global leader of end-to-end high performance market data and trading API based technologies, today announced that Horizon Software, a provider of electronic trading solutions and algorithmic technology, has joined the qh API Ecosystem.
This collaboration will enable buy-side and sell-side firms to benefit from high-capacity and ultra-low latency trading systems to complement or replace existing legacy trading infrastructures. Horizon provides tools for creating, testing and implementing automated algorithmic strategies, while the proprietary fibre optic network from QuantHouse offers a proximity hosting infrastructure and end-to-end, ultra-low latency market data feed via QuantFEED.
Users can benefit from the
