Solutions
eVestment has launched eVestment Quantum Analytics, a web-based solution that adds multi-asset class portfolio analysis and portfolio construction capabilities to the firm’s existing data and analytics offerings.
Quantum is part of eVestment’s revamped suite of solutions designed to analyse and report on both traditional and alternative investment strategies while offering flexibility through tiered offerings for diverse client types.
“For members of the institutional investment world who need to construct and analyse strategies at a portfolio level, Quantum provides both the data across asset classes and the types of statistical and industry standard calculations necessary to guide portfolio level decisions,”
The Commodity Futures Trading Commission is introducing measures to promote trading on swap execution facilities (SEFs).
The Commission wants to support an orderly transition to mandatory trading of swaps, which begins for certain interest rate swaps on 15 February, 2014.
“As a result of the trade execution mandate, next week many swaps for the first time will trade on regulated platforms and benefit from market-wide, pre-trade transparency,” says acting chairman Mark Wetjen. “These measures, in conjunction with the Commission’s implementation of the trade execution mandate, will maximise the level of trading on these regulated platforms and support the transition to
The value of assets under custody held by Clearstream on behalf of customers registered an increase of six per cent to EUR12.0trn in January 2014 from EUR11.3trn in January 2013.
Securities held under custody in Clearstream’s international business as international central securities depository (ICSD) increased by seven per cent from EUR5.9trn in January 2013 to EUR6.3trn in January 2014, while domestic German securities held under custody in the German central securities depository (CSD) increased by five per cent from EUR5.3trn in January 2013 to EUR5.6trn in January 2014.
In January 2014, 3.90 million international settlement transactions were processed, an
FIX Trading Community, the electronic trading standards body, has published recommended guidelines for transaction cost analysis (TCA) in equities.
The recommended guidelines for TCA in equities is the result of work by the FIX TCA Working Group to address the challenges currently faced by market participants to determine the cost of trading at any or all points in the investment cycle.
There are multiple methodologies and terminologies in current practice, which can result in a lack of transparency and objectivity while producing contradictory results.
To address these concerns, the TCA Working Group polled the members to determine the
Derivatives collateral management cloud technology provider CloudMargin has connected with Unavista, part of the London Stock Exchange Group, to offer EMIR compliant trade reporting.
CloudMargin can collate, normalise, enhance and enrich data from a variety of sources in a variety of formats and submit correctly formatted data to Unavista.
"Clients increasingly reject the notion of using multiple third party solutions and middleware providers to cope with ever changing regulation and cover up gaps in existing systems," says Stuart McHardy, managing director of product development and COO of CloudMargin. "They demand state of the art collateral management systems delivering STP connectivity out of the box
CME Group is to launch Euro-denominated deliverable interest rate swap futures (Euro DSF) contracts on 14 April, pending CFTC review.
The product has the same economic exposure as an interest rate swap with the margin and liquidity benefits of a futures contract, and at expiration all open positions will deliver into a CME cleared Euro interest rate swap.
Other key benefits include automatic risk offsets with our liquid Treasury and Eurodollar futures and options, and reduced clearing fees as futures are not typically subject to additional costs charged by OTC clearing members.
The Euro DSF contract is designed
SunGard has launched Asset Arena Data Connect, a fully automated order processing and control solution for hedge fund managers, private equity firms and fund administrators.
Asset Arena Data Connect helps firms manage incoming and outgoing alternative investment data as well as scheduling and monitoring of data processing – increasing straight-through-processing (STP) and transparency.
Delivered as a hosted solution, SunGard’s Asset Arena Data Connect enables customers to quickly use alternative investment processing platforms including the Depository Trust Clearing Corporation’s (DTCC) National Securities Clearing Corporation’s (NSCC) automated and centralised Alternative Investments Platform (AIP).
It may be used with any record-keeping
Singapore Exchange (SGX) is revising the fee structure for its securities market to make trading more cost-efficient and to facilitate market making and improve liquidity.
The revisions to clearing and depository fees will be rolled out from 2 May 2014.
The change will encourage on-exchange trading, thereby enhancing liquidity, transparency and price discovery on the market.
The clearing fee will be reduced by one-fifth from 0.04 per cent to 0.0325 per cent of contract value. The cap of USD600 on this fee for contracts of USD1.5m or more will be removed.
Transfers and onward settlement fees, which
TABB Group expects algorithmic trading in futures markets to continue expanding faster over the next two years, with a 96 per cent compound annual growth rate (CAGR) from 2011 to 2015.
According to a report published by TABB, “Algos in Futures Markets: Shifting into High Gear,” written by senior analyst Matt Simon, this is occurring as institutional buy-side firms are shifting from traditional voice-based or direct market access (DMA) order-execution methods to algorithms with greater levels of sophistication.
Buy-side traders are beginning to realise that a simple algo is not sufficient for all order types. In order to achieve
Euronext has welcomed the publication in France of a decree authorising active open-end funds to be admitted to trading on regulated markets or multilateral trading facilities.
Following this legislative change, Euronext will soon admit active open-end funds to trading on its regulated market in Paris.
These will be available for trading on the Net Asset Value (NAV) Trading Facility.
Euronext is working closely with asset managers and key market participants to develop this new service. The launch is planned to take place in the second quarter of 2014 and will build on Euronext Amsterdam’s fund service that has
