Solutions
The implications of Brexit will be just one of several key topics to be discussed at next year’s sixth edition of ABN AMRO Clearing’s annual Amsterdam Investor Forum, to be held on the 7 and 8 March, 2017.
“The Forum will be taking place just a few weeks before the UK Government plans to trigger Article 50 to begin the process of formally leaving the European Union so it will be an interesting period,” comments Gildas Le Treut (pictured), Global Director Prime, ABN AMRO Clearing.
The most recent Forum, hosted at the Dutch bank’s headquarters on 17 February 2016, was the biggest it
PEGAS, the pan-European gas trading platform operated by Powernext, registered a total volume of 144.6 TWh in November 2016 which represents an increase of 12 per cent compared to the previous year (129.3 TWh), supported by a strong spot market.
Spot trading volumes in November reached 62.3 TWh, representing an increase of 36 per cent compared to last year (45.7 TWh).
The Dutch market area TTF registered a strong volume with 15.2 TWh, up 6 per cent compared to November 2015 (14.4 TWh).
A total volume of 28.3 TWh was traded on the German NCG and GASPOOL areas,
Chesapeake Capital has added its diversified strategy to Kettera Strategies’ Hydra marketplace, a global market providing investors with access, notional funding, daily transparency and twice monthly liquidity to established and emerging alternative asset managers.
Chesapeake was founded in 1988 by Jerry Parker and seeks uncorrelated returns through consistency in approach across a broad range of global markets and variable market conditions.
Its diversified strategy uses a fully systematic, long-term trend following approach across more than 100 futures and FX markets.
“Big brand managers like Chesapeake, as well as emerging and international managers, are moving onto Hydra to provide
Powernext and the Austrian Central European Gas Hub (CEGH) have migrated the CEGH Gas Exchange spot and futures contracts to the pan-European PEGAS platform operated under the Powernext rulebook.
This represents the conclusion of the implementation phase of their cooperation, initially announced on 20 June 2016.
In the framework of the cooperation, all CEGH spot and futures products for the Austrian gas market, including the products used for the Austrian balancing market are now tradable on PEGAS. Spread products with TTF, NCG, GASPOOL and PSV are also available, as well as trade registration services for PEGAS CEGH futures products.
Citco has launched an enhanced version of its risk and transparency offering which will enable clients to monitor and assess risk using flexible, customisable tools.
The technology is available to Citco clients and other alternative investment firms.
Citco’s suite of risk management tools enables users to access, monitor, analyse, and report risk in a way that is customisable and transparent.
The system now features interactive data visualisation dashboards, which can provide exposure and performance attribution drill-downs and deliver tailored analysis of key risk drivers across asset classes. The platform also includes new tools for stress testing and tailored
Intercontinental Exchange (ICE), an operator of global exchanges and clearing houses and provider of data and listings services, has announced the results of the ICE Endex gas storage auction held on 30 November 2016, on behalf of GasTerra.
On 30 November, a total of 4,549,451 standard bundled units (SBUs) for the contract period 2017/2018 were offered to the market and after four auction rounds, 4,549,451 SBUs were allocated.
The outcome of the auction is an average weighted price per SBU of EUR2.07.
ICE Endex has operated auctions for virtual gas storage services in the Netherlands since 2011, with
The Connecticut Hedge Fund Association (CTHFA) and the Zhejiang International Hedge Fund Talents Association (HTA) have formed a partnership.
The CTHFA represents the world’s second largest hedge fund centre, as measured by number of firms with USD1 billion-plus in assets under management.
The HTA is the largest independent hedge fund association in China, representing over 300 of China’s leading hedge funds.
The memorandum of exchange and cooperation establishes an ongoing strategic relationship between the two associations, which will work together to develop professional relationships and promote productive communication between their respective members.
The memorandum was signed in
Abacus Group, a provider of hosted cloud IT solutions for alternative investment funds, has added security and communications enhancements to its AbacusFlex Private Cloud platform.
“As our client base of alternative investment firms continues to grow in the US, UK and Europe, Abacus is ensuring that our technology and services meet or exceed the highest standards for security and ease of communications,” says Viktor Tadijanovic (pictured), chief technology officer at Abacus.
Tadijanovic says that in recent months AbacusFlex has been enhanced with enhancements to the existing two-factor authentication solution, providing end-users with the option to receive their token via
Portware, a provider of multi-asset trade automation solutions powered by artificial intelligence (AI), has upgraded its execution management system (EMS), Portware Enterprise.
Portware Enterprise is a fully customisable “thinking” EMS designed to act as the central platform for the creation and execution of trading strategies for global equities, futures, options, fixed income, and FX.
The latest version, Portware Enterprise 6.4, focuses on assisting traders in managing the regulatory and administrative burdens while freeing up their time to concentrate on preserving alpha with AI-driven tools.
Portware Enterprise 6.4 offers users data warehouse functionality, advanced venue analysis, and an enhanced
Non-bank Prime Services brokerage Invast Global and non-bank market maker, XTX Markets, have announced a partnership whereby Invast Global clients will now be able to access XTX Markets’ liquidity via the Invast Global multi-asset prime services facility, PurePrime.
Such a partnership illustrates the rapidly growing stature of non-bank participants in the financial markets, as the banks continue to feel the effects of increasing regulatory constraints.
PurePrime now offers disclosed bank, non-bank and ECN liquidity from over 20 unique FX and metals liquidity providers.
The tie-up between XTX and Invast follows growing global demand for the PurePrime facility. Tailored for institutional clients, brokerages, hedge funds
