Solutions
Charles River Development has certified Luminex Trading & Analytics as a sweep partner for the Charles River Investment Management Solution (Charles River IMS).
The integrated offering enables the firms’ mutual clients to improve access to liquidity while reducing trading costs and minimising market impact.
Luminex subscribers using Charles River’s multi-asset Order and Execution Management System (OEMS) now have automatic access to Luminex’s pool of buy side only block liquidity. With the integration, traders can work more efficiently by relying on Luminex to sweep their trade blotter and continuously match and execute trades. In the most recent FINRA block trading
Eze Software is rolling out a new cloud-based commission management platform designed to help the buy-side manage MiFID II requirements.
Building on Eze Software’s extensive experience in commission management, the MiFID II-focused solution is designed to handle the full commission management lifecycle, from research evaluation to budgeting, unbundling and specifying RPA payments.
“As the buy-side gears up for MiFID II compliance, there is a greater need for a comprehensive, straight-through commission management process,” says Bill Neuman, Managing Director, Product Management & Development. “With this platform, we are unifying the disparate elements of the commission management process into a single
Singapore Exchange (SGX) today welcomed Taiwan-based Hua Nan Futures Co Ltd has become a Trading Member of the Singapore Exchange’s (SGX) derivatives market.
Established in 1994, Hua Nan Futures is a unit of Hua Nan Financial Holdings and its businesses include the brokerage of derivatives both onshore and offshore. SGX is the first exchange that the Taipei-based company has applied to for remote membership.
Michael Syn, Head of Derivatives at SGX, says: “We are pleased to welcome Hua Nan Futures to our growing community of members as we enhance the global network of our derivatives market. Their participation will
Up until recently, machine intelligence could only be used by large sell-side institutions and sophisticated quantitative trading groups to improve how they operated in the marketplace. But as technology advances continue to push the depth and breadth of machine learning capabilities, it is allowing financial firms of all shapes and sizes to improve their compliance and trading capabilities.
Such is the importance of machine intelligence that it has the capacity to help clients improve their business models by finding new meanings in data, from the front to the back office, and then convert those insights into performance returns.
Machine-driven insights
Luxembourg is one of the world’s leading onshore domiciles where, over the last 30 years, it has become the default option for managers wishing to establish UCITS funds. It is, by size, the world’s second largest fund centre after the US, and, from a funds expertise perspective, offers managers everything they need; not just for UCITS funds but also unregulated or regulated alternative fund structures under AIFMD.
Through February 2017, total Assets under Management (AuM) for Luxembourg funds had risen 13.6 per cent year-on-year to EUR3.86 trillion, according to the latest statistics by the Association of the Luxembourg Fund Industry.
MPL Management (Luxembourg) SA is a third-party `Super Management Company’ providing fund governance, operational support and oversight to both UCITS funds and AIFs. It is part of MPL Group, founded by William Jones in 2006, who has, over the past 26 years, helped set up more than 100 funds in his career.
In 2008, Jones decided upon Luxembourg as his preferred European base for directorship services. At the time, he had no specific interest in setting up a management company.
“The premise I operate from – and why I refer to MPL as the `anti-ManCo’ ManCo – is that the
When setting up as a new hedge fund manager, one of the most important relationships to establish is that of the prime broker. With banks facing regulatory pressures in the form of Basel 3, many are re-appraising their client book to ensure that they are getting a suitable return on investment for the balance sheet they provide. Consequently, the first point for start-ups to focus on is to articulate what they will be doing with the fund they are planning to launch.
“They should have a well developed outline of the investment strategy, investment process and the type of portfolio
Quantave has entered the closed beta-testing phase for its complete trade life-cycle infrastructure for digital assets.
The infrastructure opens the digital assets market to institutional traders and investors, transforming the way they engage and transact with this dynamic market, whilst ensuring the safety and security of their assets. Quantave is now rigorously testing the model with its initial partners.
The existing trade-lifecycle infrastructure that underpins this nascent market has, until now, been largely unsuitable for institutional investors. Accessing liquidity has been complex due to the fragmented nature of the market requiring repetitive onboarding and capital management processes.
Trading
Axioma, a global provider of risk and portfolio management solutions, has formed a new partnership with Omega Point (www.ompnt.com), a portfolio intelligence tool for fundamental-style managers.
Through this licensing agreement, Omega Point clients can now access Axioma’s suite of factor models via their existing workflow. This will enable closer alignment of modelling assumptions and risk factors across the front and middle office to achieve a shared view on the drivers of performance and risk that will ultimately lead to more informed investment decisions.
With regulations like MiFID II – set for implementation in 2018 – pressurising buy-side firms to streamline vendor
Societe Generale Corporate & Investment Banking (SG CIB) has completed a programme to combine its execution teams, adapting to increasing client demand for fully integrated electronic and high-touch trading services across asset classes.
In the final stage of this integration, the investment bank’s high-touch cash equity team has moved to join the Global Execution Services (GES) team within Societe Generale Prime Services.
Francois Banneville (pictured), Head of Global Execution Services, now oversees the expanded Global Execution Services team with Howard Sherman reporting into him as Head of High-Touch Cash Equity, Andy Willis as Head of Exchange Traded Derivatives and
