Solutions
Traiana’s Harmony network, the firm’s global product for equities swaps/CFD markets, is now live in the Asia Pacific region.
The demand for the equity swap network in Asia is a reflection of the change in behaviour in this market, the growing volumes in the give-up market, increased access by global buy-side firms as well as focus on straight-through-processing servicing by global synthetic equity prime brokers.
Buy-side firms are using the product to access markets such as China and India for the first time, building on their existing activity in Japan, Hong Kong, Singapore and Australia. Prime brokers leading the
Morningstar is to make eVestment separate account and hedge fund data available to users of Morningstar Direct, the company's investment analysis platform for institutional investors.
eVestment's database of more than 22,000 separate accounts and 23,000 hedge funds will be available for an additional annual fee to Direct users in 2014.
"The eVestment data complements Morningstar's institutional data, and will provide Direct users with an even larger pool of separate accounts and hedge funds with significant depth and history of information," says Xiaohua Xia, senior vice president of institutional software at Morningstar. "We are pleased to be able to offer
Chicago Board Options Exchange (CBOE) has expanded the frequency for disseminating values on its recently created CBOE Short-term Volatility Index (VXST index).
VXST index values now are generally disseminated every 15 seconds during the trading day versus once a day previously, allowing traders to track intra-day volatility of the index.
Short-term VIX index values are available on CBOE's website at www.cboe.com/VXST and through quote data vendors.
CBOE began disseminating values on the Short-term VIX index on 1 October. Like CBOE's flagship CBOE Volatility Index (VIX index), the Short-term VIX index reflects investors' consensus view of expected stock market
Volante Technologies has launched its SWIFT Funds Migration Accelerator, which is designed to increase firms’ readiness to support ISO 20022 funds message types.
In November 2015, SWIFT will remove the ISO 15022 funds message templates from SWIFTNet.
The 2015 end-migration date, mandated by SWIFT is supplemented by a programme of financial disincentives currently being incurred by firms who continue to use ISO 15022.
For non-ISO 20022-compliant firms, penalties and increased message costs are only set to continue to impact margins.
The SWIFT Funds Migration Accelerator is an off-the-shelf product which includes pre-defined structures of the SWIFT MT
BGC Partners, a brokerage company servicing the wholesale financial and real estate markets, has launched a European power desk.
Based in London, BGC's European power desk will focus on brokering power products in the French, German and Polish markets.
The launch highlights BGC's growing energy practice, which includes its oil options, softs and base metal teams in London, BGC Radix Energy in Asia, as well as its US energy derivatives desk, environmental energy commodities desk, and Houston-based electricity, natural gas and environmental group.
"BGC has steadily increased its focus on energy, a sector we believe offers plenty of
The Credit Suisse Hedge Fund Index finished up 1.59 per cent for the month of October with all but one of the ten sub strategies ending the month in positive territory.
Managed futures (2.96 per cent), long/short equity (2.54 per cent and emerging markets (2.01 per cent) led the way while dedicated short bias (-1.65 per cent) was the only sub strategy to record a negative return.
The following funds were dropped from the Credit Suisse Hedge Fund Index in October: AT MLP Fund, BlackRock Agriculture Fund, Bristol Fund Ltd., Gramercy Emerging Markets Fund, and Gruber & McBaine International.
The Chicago Board Options Exchange (CBOE) and C2 Options Exchange are to list options on the stock of Twitter on 15 November.
The contract specifications and Designated Primary Market Makers (DPMs) for the options are as follows –
Contract specifications:
• Initial strike prices: Will range from 35 to 50, in one-point increments
• Position limit: 25,000 contracts
• Expiration cycle: March, with introductory expirations in December, January, March and June
Designated Primary Market Maker (DPM):
• CBOE Designated Primary Market Maker: Morgan Stanley will serve as electronic DPM
• CBOE Lead Market Maker: Group One
HedgeChatter has launched an online SaaS dashboard that allows investors, traders and hedge funds to see how key influencers on social media are affecting stock price and view price trends based on real-time social media data (chatter).
HedgeChatter processes nearly 1.8 million financial chatter messages every day from Twitter and other leading social channels. These messages are filtered for noise reduction, manipulation detection and price-to-message correlation, resulting in predictive alerts for stock direction.
HedgeChatter is different from other social analytics firms by correlating multiple social media financial metrics and displaying the information visually. Many of the platform's functionalities are
Traiana, a provider of pre-trade risk and post-trade processing solutions, has created a hub for its Asia Pacific business by opening a new office in Singapore.
Andy Coyne, chief executive of Traiana, says: “Opening an office in Singapore is very exciting for us as it underlines our commitment to the region. We will be better able to support our growing client base of global and local financial institutions by providing best in class client services and capitalizing on the new opportunities for growth that we see in the region.”
Michael Verkuijl (pictured), global head of sales at Traiana, says: “Asia
Midland IRA has been added to FNEX’s self-directed IRA network.
FNEX platform users can invest their retirement funds in a multitude of private securities and managed accounts rather than being limited only to the public stock and bond markets.
FNEX announced the launch of FNEX.com, an online marketplace for alternative investments, including placements in private companies, hedge funds and managed futures accounts, in September 2013. The web-based platform provides accredited investors, family offices and institutions access to investment opportunities offered by investment banks and funds across the US.
“We continue to remain focused on delivering the necessary tools
