Solutions
Nasdaq Commodities and Saxo Bank are teaming up to offer small and medium sized companies (SMEs) in the Nordic region direct access to Nordic Power futures on Saxo’s fully integrated trading and risk management platform.
The addition of Nasdaq Nordic power products on SaxoTraderGO offers Saxo’s clients access to a liquid product at the most established power market in Europe. With Saxo, clients can hedge their energy and currency exposure with low barriers to entry.
Saxo’s clients can trade the global markets from a single dashboard and have a clear view of their overall portfolio exposure across all asset
HedgeCoVest is to provide The SMArt Xchange (SMArtX) exclusively to SS&C’s client base of advisers using Axys, APX, or Black Diamond.
This integration is designed to allow for seamless, sleeve-level reporting and portfolio accounting of all SMArtX accounts through adviser-focused SS&C technology solutions.
SMArtX grants SS&C Advent advisers exclusive access to a UMA/SMA offering that provides intra-day liquidity on almost 150 investment strategies. Advisers gain access to long only, long/short, and options strategies, which are allocated into a single brokerage account. The SMArtX service uses proprietary technology to maintain a real-time record of investment managers’ activity and automatically creates
Calypso Technology has signed a utility partnership agreement with Equinoxe Alternative Investment Services to establish a platform to provide full back and middle office support to hedge funds and family offices who trade a broad range of instrument types.
Services include investment accounting, matching, confirmation, settlement, collateral management, and reconciliations as well as full front office operations. Equinoxe deploys Calypso on the Cloud, so they can scale up to meet their growing volume of business.
"Our partnership with Equinoxe reflects Calypso's strategy to build an ecosystem founded on our technology and on our capability to deliver Cloud based services,"
EBS BrokerTec, a NEX Group business which provides electronic trading technology and services, has enhanced its EBS Live Ultra data feed, providing spot foreign exchange (FX) data at 5 millisecond intervals.
Launching the fastest FX live streaming data feed available from a primary FX market venue, EBS BrokerTec aims to increase market transparency and help clients to trade as efficiently as possible.
Last year EBS BrokerTec launched EBS Live Ultra with two data publication intervals – 100ms and 20ms – with the intention that the faster service will be available to all market participants that meet certain trading criteria,
Guernsey is marking the the 20th anniversary of the introduction of its Protected Cell Company (PCC) Ordinance on 1 February 1997, providing the island’s captive insurance sector with the first cell company legislation of its kind anywhere in the world.
The subsequent success of this innovation is illustrated by the fact it is now used across the financial services world as an alternative application for the structuring of many different types of products.
Aon’s White Rock Insurance Company PCC Limited, which was established in Guernsey in 1997 as the first PCC in the world, has now been used by
Bill Prew (pictured), CEO of Indos Financial, the independent depositary firm, writes that the UK government has finally revealed its Brexit position.
“Any chance of a soft Brexit or retained membership of the Single Market has apparently been removed. The UK will almost certainly pull out of the Single Market although some hope policymakers will negotiate a transitional arrangement to avoid a cliff-edge Brexit.
“The risk of a cliff-edge Brexit – that is an abrupt UK departure from the EU with no interim set-up – is something service providers and fund managers need to be awake to. Nonetheless, a cliff-edge
Torstone Technology, a provider of securities and derivatives processing software to the global financial markets, is to connect to London Stock Exchange Group’s UnaVista Approved Reporting Mechanism (ARM).
The service will allow users of Torstone’s new InfernoRC (Regulatory Compliance) module to comply with the transaction reporting obligations of the Markets in Financial Instruments Regulation (MiFIR).
Inferno clients will be able to fulfil all of their transaction reporting requirements by sending data through Inferno and into UnaVista’s ARM. UnaVista will be connected to all required National Competent Authorities (NCAs) in Europe so firms will be able to address all the
PortfolioScience, a provider of on-demand risk management systems, has launched a Factor Index Construction Toolset via the company's RiskAPI Enterprise platform, which allows users to dynamically construct factor indices based on dozens of fundamental, technical and statistical metrics.
In addition to several highly customisable index construction methodologies, the system also provides detailed index constituent quantile analysis, allowing users to inspect and understand constituent behaviour and contribution to construction, valuation, and historical performance.
"The RiskAPI factor index toolset allows users to fully control the valuation and construction process of factor indexes critical to exposure analysis," says Ittai Korin, PortfolioScience's founder
Lightspeed Institutional, a division of Lightspeed Trading, is broadening its offering to institutional traders by launching a new prime brokerage division.
As part of this launch, Lightspeed has added senior staff to help meet the needs of its small to mid-size hedge fund clients.
Lightspeed Trading has an agency trading desk and technology offering. It is now broadening its reach to the institutional market with products and services for the established as well as the start-up hedge fund by launching its prime brokerage division.
Lightspeed Institutional has appointed Craig Aronoff as executive vice president of prime brokerage services.
The European Energy Exchange (EEX) is offering an improved service to its Iberian members with the opening of a new office in Madrid.
Brigitte Caboulet, who has played a key role in the recent rapid growth of EEX market share in Spain, will be joined by Alvaro Reyes Diaz in servicing the local market needs.
Steffen Köhler (pictured), chief operating officer of EEX, says: “When it comes to traded volumes, Spain is now our fourth-biggest market after Germany, Italy and France. Therefore, it is important for us to stay in close contact with the market participants and to extend
