Solutions
Zürcher Kantonalbank has become a clearing member of EurexOTC Clear for Interest Rate Swaps (IRS), raising the number of clearing participants on EurexOTC Clear to 19.
Zürcher Kantonalbank provides OTC derivates clearing in its prime services offering.
“EurexOTC Clear offers Zürcher Kantonalbank and our clients with an efficient access to interest derivative clearing which means they meet regulatory requirements without major investment,” says Felix Oegerli, head of short term interest rates and prime finance at Zürcher Kantonalbank.
“We are pleased to welcome Zürcher Kantonalbank as new clearing member. Connecting one of Switzerland's largest banks reinforces our presence in
Four third party administrators (TPAs) have selected Calastone for automated re-registration.
Bank of New York Mellon and Northern Trust are now live with the service, IFDS will go live with its fully automated re-registration service later this month, and Capita is set for live in December.
Legal & General Investments has been operating this service since the summer, as a provider which administers its own funds.
The service, which complements the TeX initiative brought to the industry by the Tax Incentivised Savings Association, is now fully interoperable with 82 per cent of the fund manager market and 91
LME Clear has selected The Depository Trust & Clearing Corporation (DTCC), an approved trade repository, as its strategic partner for the new LME reporting service, LMEwire.
The service, powered by LME Clear, will be available by 12 February 2014, the confirmed start date for the reporting obligation for all asset classes, as set out by the European Market Infrastructure Regulation (EMIR).
LMEwire will enable members and their clients to efficiently comply with the new rules mandated by EMIR. LME Clear will be able to transpose and transport all relevant exchange-traded data from the LME's matching system, LMEsmart, directly to
Financial data integration specialist Volante Technologies has launched its TARGET2 Securities (T2S) Accelerator.
The T2S Accelerator is designed to support rapid integration to the T2S settlement platform. It offers full T2S message library including cross field validations and where relevant, off-the-shelf transformations from existing ISO 15022 MT5xx series messages to the equivalent T2S messages.
T2S is to be implemented by the European Central Bank (ECB) in July 2015 and is designed to improve post-trade efficiencies in Europe. Through the removal of barriers across countries, the new T2S settlement rules include changes to the messaging standards that underpin current messaging
eVestment is to offer clients of its suite of analytic solutions for institutional investors access to BarclayHedge’s alternatives data.
“The data from BarclayHedge complements our extensive database of traditional and alternative vehicles,” says Jim Minnick, founder and chief executive of eVestment. “The agreement allows users of any eVestment Analytics solution – including those acquired from PerTrac and Fundspire in 2012 – to consume the same data. As we continue to roll-out our revamped suite of Analytics tools, clients will be able to move much more easily from one solution to another using the same data across our entire platform.”
Linedata has recently upgraded four Luxembourg-based custodian and fund administrator clients to the latest version of Linedata Compliance.
Leveraging Linedata Compliance for its breach management and stronger internal controls through a maker/checker (four eyes) review process, investor service providers are able to take advantage of full audit trails and enhanced rule and formula builders.
Superior historical breach views allow custodians and administrators to review and compare results for historical periods of time alongside current breach management reports.
As regulators continue to increase their level of scrutiny into alternative investments, the forthcoming AIFMD regulations place an additional burden on
CBOE Holdings has sets its trading schedule for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Stock Exchange (CBSX) and CBOE Futures Exchange (CFE) regular trading hours and VX futures extended trading hours in observance of the Thanksgiving holiday.
Wednesday, 27 November
CBOE: Regular trading hours for all products
C2: Regular trading hours for all products
CBSX: Regular trading hours for all products
CFE: Normal trading schedule – 3:30 pm to 4:15 pm CT – VIX futures & VIX TAS (Trade At Settlement) (for business day Friday 29 November)
Thursday, 28 November
CBOE: Closed
C2: Closed
CBSX:
Sadrian Bowman, a discretionary commodities hedge fund investing across energy, metals and agriculture markets, has selected TFG Complete for real time risk, portfolio and cash management services.
Sadrian Bowman is founded by Luke Sadrian, Andrew Bowman and Stuart Atkinson who bring extensive experience gained from Brevan Howard, GLG and most recently Moore Capital. The fund required a robust, institutional grade platform to support its risk management processes and parameters.
Atkinson says: “Our requirement was for a real-time risk and PnL platform which could support the assets we trade across the energy, metals and agriculture markets. Having looked at a
Nine of the 11 Newedge Hedge Fund Indices saw gains in October, including the Newedge CTA, Trend, and Short-Term indices.
Trend-following strategies, as represented by the Newedge Trend Index, faired particularly well, finishing the month up 2.55 per cent.
In the Newedge CTA Index, seven of the month’s top 10 performers employ trend-following strategies.
The top YTD performer of 2013 through October remains the Newedge Commodity Trading Index (Equity), which has returned 17.72 per cent over the 10-month period.
The Newedge CTA Index, which is equally weighted, calculates the daily rate of return for a pool of
Hedge Fund Research (HFR) and Risk-AI have teamed up to launch a mobile application, HFR2GO, for iPad and iPhone, which allows users to track global hedge fund industry performance by strategy and region of investment.
HFR2GO was developed from the combination of HFR’s hedge fund database and Risk-AI’s technology.
Investors, hedge funds, and service providers can access the full suite of HFR Indices via their mobile devices to gain insight into the performance of the hedge fund industry. With over 110 indices available, there is a wealth of statistics on all key sectors. In total, more than two decades
