Solutions
Active asset management company J O Hambro Capital Management (JOHCM) is to directly pay for external research used by its fund management teams when the reforms to the EU’s Markets in Financial Instruments Directive (known as MiFID II) come into effect on 3 January 2018.
Ken Lambden, JOHCM Group CEO, says: “As a high conviction active fund manager, our proprietary research is key to delivering investment outperformance for our clients, but we also value access to selected research generated by external parties. The new MiFID II regulations increase the level of transparency around the cost of research services, and we
Derivative exchange Eurex has launched another new product to support market participants in the electronification of their trading business.
As of 30 October, Eurex Market-on-Close (MOC) futures provide a concept to trade index futures at a price level directly linked to the underlying cash market index close, prior to its actual publication.
”This is of particular importance to investors using or offering benchmarked products like swaps or Exchange Traded Products. They utilise index futures at the index close level for hedging purposes, but require a more granular futures pricing than in the regular index futures trading to avoid slippage
FENICS Market Data, the Market Data division of BGC Partners (BGCP), is to exclusively provide China Credit BGC Money Broking Company Limited’s (CCT-BGC) Chinese market data products to global clients.
Through this agreement, FENICS Market Data is becoming the sole international commercial agent for CCT-BGC’s market leading onshore Chinese data, covering the Fixed Income, Interest Rate and Foreign Exchange markets.
CCT-BGC, established by China Credit Trust Co, (CCT) and BGC, is the first money-broking company granted by the China Banking Regulatory Commission (CBRC) in Beijing. It operates as an inter-dealer broking company, offering interest rate swaps, bonds, and interbank
The EEX Group has migrated its existing EMIR Trade Reporting Service to the platform for transaction data reporting according to REMIT in the framework of its regulatory reporting services.
As a result, it now offers a uniform interface for reporting services according to EMIR (European Market Infrastructure Regulation) and REMIT (Regulation on Wholesale Energy Market Integrity and Transparency).
On 7 October 2015, EEX Group introduced the option for its trading participants to delegate their reporting requirements under art. 8 REMIT to the exchange. This includes all power and natural gas market transactions concluded through the EEX, EPEX SPOT and
Charles River Development has formalised a partnership agreement with TRADEcho to automate Trade reporting under the European Union’s Markets in Financial Directive II (MiFID II), which goes into effect in January of 2018.
Under the partnership, firms with the Charles River Investment Management Solution (Charles River IMS) are able to use TRADEcho as an Approved Publication Arrangement (APA) to report trades to the public and access TRADEcho’s unique Smart Report Router (SRR) to determine trade reporting eligibility.
TRADEcho’s SRR helps firms determine if a trade report is required. Where there is a requirement to report, the SRR sends
Coinsilium Group Limited (NEX: COIN), an investor financing and managing the development of early-stage blockchain technology companies, has formed Terrastream, a wholly-owned subsidiary which is aiming to build an enterprise standard blockchain-powered platform for the generation of token-based alternative funding solutions.
The Platform will be designed to work in compliance with Gibraltar’s proposed forthcoming Distributed Ledger Technology (DLT) Regulatory Framework.
Terrastream will provide alternative funding solutions across multiple industry sectors, including precious metals and natural resources extractive industries. Development of the platform is to be funded by current cash reserves and non-dilutive token sale.
Gibraltar is expected to
CloudQuant, a trading strategy incubator, has launched its crowd research platform by licensing and allocating USD15 million (USD) to a trading algorithm. The algorithm licensor will receive a direct share of the strategy’s monthly net trading profits.
The crowd researcher leveraged CloudQuant’s free market simulation and python data science tools to build an effective trading strategy. The strategy began trading immediately upon approval of the licensing agreement.
“We are excited to launch CloudQuant. The launch represents the first significant funding of a crowd-based quantitative analyst thereby proving the opportunity for independent data scientists and market enthusiast to join the
Nasdaq is now offering proprietary US equity feeds from Equinix’s London International Business Exchange (IBX) data centre – LD4 – located in Slough, UK.
As part of Nasdaq’s efforts to bring US proprietary equities data to a larger audience, Nasdaq now offers Nasdaq TotalView and Nasdaq Basic from LD4. Nasdaq Basic combines Nasdaq Best Bid and Offer (QBBO), with either Nasdaq Last Sale (NLS), or Nasdaq Last Sale Plus (NLS Plus).
“We continue to focus on working closely with our clients around the world in order to help them gain secure, efficient access to our markets,” says Jeff Kimsey
Indus Valley Partners (IVP), a provider of technology solutions for alternative asset managers, has enhanced its own Enterprise Data Management platform to transform the way data is managed, memorialised and maintained for global asset managers.
IVP EDM incorporates state-of-the-art data smart technology and provides an enterprise data layer that comes with pre-built connectors to every major broker, trading counterparty and market data vendor. With support for asset management-specific workflows and full transparency into data lineage, by implementing IVP EDM clients can achieve best practice in data governance without undertaking a major overhaul of their legacy technology.
Every asset management
CloudMargin, provider of a web-based collateral and margin management solution, is to connect with DTCC-Euroclear Global Collatera’s Margin Transit Utility (MTU).
The agreement expands CloudMargin’s settlement capability and enables users to access MTU from the cloud, fully automating the entire collateral lifecycle.
CloudMargin is the first technology provider to join GlobalCollateral’s Partner Program, with MTU integration efforts currently underway. MTU is a comprehensive industry solution that automates and streamlines the processing and settlement of margin and collateral for dealers and buy-side firms. The solution reduces risk and costs for market participants by securely capturing settlement instructions, accelerating processing velocity,
