Solutions
Sydney-based Dalton Street Capital, in partnership with Prodigy Investment Partners, has deployed the FlexTrade Systems’ FlexTRADER EMS to facilitate global cross asset trading of futures, equities and FX.
According to Alan Sheen, co-founder and director, Dalton Street Capital, choosing to partner with FlexTrade was an easy choice after reviewing the firm’s trading solutions and technical support.
“FlexTrade’s multi-asset trading EMS, combined with its automation capabilities and intuitive API interface, were truly impressive,” says Sheen. “Now we can automatically hedge our foreign exchange exposure while seamlessly managing cross asset risk.
“Also, one of our primary concerns was finding a
Dealogic has combined its buy-side products into a single offering, Dealogic Connect, creating an MiFID II compliant solution that links a network of 250-plus investment firms to 150-plus sell-side partners.
Dealogic Connect brings together Dealogic's acquisition of A2 Access' aggregated corporate access calendar, activity tracking and broker vote capabilities with Dealogic's recent launch of automated orders for primary market issuance.
Investment managers now have the ability to create an accurate, reconciled set of interaction data provided by their sell-side partners, evaluate their consumption of activities, and communicate with the sell-side in a compliant manner that meets MiFID II requirements.
London-based Garraway Capital Management has announced that it is to build on its strong 2016 performance with a programme designed to build its assets. Its Irish UCITS fund, Garraway Financial Trends, was launched in 2012, becoming a ‘pure’ UCITS strategy in February 2014.
The firm writes that the fund employs a proprietary systematic trend-following strategy to trade across global UCITS-eligible exchange-traded futures, including currencies, stock indices and government bonds.
Darran Goodwin (pictured), Fund Manager of Garraway Financial Trends, says: “After a solid three-year track record trading its current strategy and excellent performance in 2016, we are now at the stage
FX and CFD broker XM Group (Trading Point Group) has signed an agreement with Academia de Mercados (ADM) in which ADM will be delivering webinars and seminars to XM clients in Spain, Portugal and Latin America.
The agreement was signed by XM Group CEO Constantinos Cleanthous and ADM CEO Humberto Toro.
The cooperation will include daily webinars available on the XM site in Spanish and Portuguese and land based seminars focusing on the use of technical analysis, reading and understanding charts, money management and trading psychology.
The first land-based seminars will be taking place in the beginning of
PFSOFT, a fintech developer of multi-asset brokerage and trading solutions, has integrated its Protrader multi-asset brokerage solution with InterTrader.
InterTrader provides multi-asset-class liquidity across forex, indices, commodities, equities, bonds and interest rates, with access to large ECN liquidity pools of tier 1 financial institutions.
Shai Heffetz (pictured), managing director of InterTrader, says: “We’re convinced that Protrader brokers will appreciate our exceptional liquidity. We offer a low-latency trading environment combined with multiple execution venues to provide best execution prices. Our service has attracted many partners to date including FCA-regulated asset managers and investment funds.”
With its “matched principal” model,
Torstone Technology, a provider of post-trade securities and derivatives processing, is expanding its services in Asia with senior appointments in Japan and the signing of a multi-year deal with Natixis Japan Securities to use Torstone’s collateral management module.
Natixis Japan Securities will use Torstone Technology’s flagship post-trade securities and derivatives processing system, Inferno, to improve and automate its collateral management processes, thereby reducing operational inefficiencies and costs in addition to complying more efficiently with various regulatory requirements in Asia.
In support of new clients such as Natixis Japan Securities and as a result of the ever increasing regulatory and
The Depository Trust & Clearing Corporation’s (DTCC) DataPro product suite, previously known as DTCC Data Products, is being enhanced to include additional data offerings covering major asset classes.
DTCC DataPro delivers referential and activity-based data solutions that help clients address evolving operational, regulatory compliance, risk management and investment processes.
DTCC DataPro currently covers major asset classes across six categories: announcement, liquidity, market and benchmark analytics, regulatory compliance, risk and security reference.
“DTCC DataPro leverages data collected by DTCC’s processing and data engines to help firms address front-, middle- and back-office needs,” says Ron Jordan, managing director of data
According to the data from Societe Generale Prime Services February was a strong month for managed futures strategies, with all three CTA indices (the CTA index, the CTA mutual fund index and the Trend index) producing performance in excess of 2 per cent.
Trend followers led this positive turnaround, returning 2.88 per cent. Short term traders, on the other hand, continued to struggle, with negative returns of -1.95 per cent.
The Trend Indicator attribution data showed that equity indices, contributing 2.30 per cent, were the main driver of positive returns for trend followers in February with gains from long positions
Outsourcing has not only become an accepted practice among hedge fund managers, it has become a necessity as funds large and small seek out ways to control their costs, manage their internal resources more effectively, and overcome the ever growing challenge of regulatory compliance.
Perhaps more than ever before, hedge fund managers recognise that as cloud technology makes huge strides forward it makes more sense to focus on their core activities of investing and raising capital, appointing a trusted outsourced provider to manage the raft of non-core activities that investors do not want managers to be preoccupied with.
Indeed, while
XM Group (Trading Point Group), an FX and CFD broker, has launched the MT5 platform with offerings of over 300 CFDs on single stocks.
The launch follows a series of testing phases which have made sure the additional platform is connected to all existing systems.
The addition will enable the company to extend its offerings to six asset classes including CFDs on single stocks (shares) in addition to the existing offerings which include FX, CFDs on indices, metals and energies.
Chris Zacharia, marketing director of XM, says: “This day is one of those milestone events, which don't happen