Solutions
S&P Capital IQ has launched a consolidated financial data feed providing normalised, global content from over 110 exchanges that can be taken from a single point of presence.
This new capability addresses industry demand for differentiated, low-latency data at different speeds.
S&P Capital IQ’s Real-Time solution currently supports two core co-location facilities in New York and London, with plans to add Hong Kong later this year, consolidating data from the company’s 21 points of presence around the globe. This distributed network architecture allows clients to easily consume global real-time market data from a single API delivered either as
Quincy Data has chosen Enyx’s FPGA solution for CME Group data feeds for its “QED” microwave-based market data service.
The QED service sources data from multiple exchanges and delivers a normalised and integrated feed to exchange matching engine colocation and proximity data centres.
Enyx’s CME certified FPGA market data solution provides Quincy with wire-to-software latency of less than 1.5 microseconds (µs). This result is deterministic and includes decoding, filtering and normalisation (wire-to-wire is less than 1.2µs).
“We have achieved latencies impossible with software-based feed handler solutions,” says Arnaud Derasse, co-founder and chief executive of Enyx. “We are
PortfolioScience, a provider of on-demand risk management systems for hedge funds and hedge fund service providers, has integrated its RiskAPI platform into the MIK Data Warehouse solution.
The completed integration enables hedge funds that use MIK’s data warehouse to access a full suite of multi-asset risk analysis capabilities, seamlessly embedded within a fully flexible, multi-feature data warehouse.
The collaboration with PortfolioScience allows clients of MIK to generate highly customizable and fully integrated suite of risk calculations such as: multi-model Value-at-Risk (VaR), multi-dimensional stress testing, exposure analysis, and option analytics. All calculations are available across funds, portfolios, sub-portfolios, and
Liquidnet, the institutional trading network, has seen strong quarterly performance globally.
In Europe, total principal traded was over USD22.6bn, up 64.7 per cent from Q4’12.
In Asia, overall principal traded exceeded USD5bn for the first time, marking a 20 per cent increase over last quarter.
In the US, average daily volume was up by 25 per cent over last quarter, averaging 44 million shares.
“The strong quarter-over-quarter increases we are seeing are reflective of the overall rise in equities investing and the broadening interest among investors in finding unique investment opportunities around the globe,” says Seth
NYSE Liffe, the European based derivatives business of NYSE Euronext, will add options on the shares of investment company NSI NV to its range of equity option classes.
The options will be available as of 23 April on the Amsterdam derivatives market of NYSE Liffe.
NSI is a listed closed-end real estate investment company with variable capital that invests in offices and retail in high-quality locations in the Netherlands and Belgium. The company is listed at NYSE Euronext Amsterdam since 3 April 1998. NSI is a constituent of the AMX-Index.
With this new listing 21 AMX companies
Credit advisory and investment specialist Venn Partners has launched Venn Risk Analytics (VeRA), its proprietary financial analysis platform for structured finance products.
VeRA has been rolled-out over the past six months with a number of financial institutions to advise on some GBP2bn of asset-backed securities (ABS). The platform is now being presented to a broad range of potential clients, including portfolio and risk managers across a variety of institutions such as banks, insurers, institutional investors and alternative funds.
In summary VeRA allows clients to:
• Demonstrate a high level of governance for risk management and reporting
Hedge funds extended gains in March to conclude the first quarter of 2013 at record levels, tracking US equity performance, which also advanced to close the quarter at new highs.
The HFRI Fund Weighted Composite Index gained 1.2 per cent in March bringing the 1Q13 gain to 3.9 per cent, with top contributions from fixed income-based relative value arbitrage and equity hedge and strategies, as reported by HFR.
The HFRI Fund Weighted Composite Index closed 1Q13 with a net asset value (NAV) of 11,482, surpassing the previous peak set in April 2011, concluding a 20-month drawdown in 1Q and creating
NYSE Euronext global derivatives average daily volume (ADV) in March 2013 of 8.1 million contracts was in line with March 2012, and represented a decrease of 7.8 per cent from February 2013 levels.
NYSE Euronext European derivatives products ADV in March 2013 of 4.3 million contracts increased 8.9 per cent compared to March 2012, but decreased 2.8 per cent from February 2013 levels.
Excluding Bclear, NYSE Liffe’s trade administration and clearing service for OTC products, European derivatives products ADV increased 21.4 per cent compared to March 2012, but decreased 6.7 per cent from February 2013.
NYSE Euronext
CBOE Futures Exchange plans to expand CBOE Volatility Index (VIX index) futures trading hours – currently 7:00 am CT to 3:15 pm CT – in two phases, beginning in May.
The first phase of expanded trading hours is designed to meet demand from US customers for a post-settlement trading period. The second phase will allow European-based customers to trade VIX futures during their local trading hours.
Phase one – Beginning 30 May 2013
• Current VIX futures trading hours will expand by 45 minutes.
• Fifteen minutes after the 3:15 p.m. CT close of VIX futures, the
CYMBA Technologies, a supplier of business software solutions for the asset management, multi manager and hedge fund communities, has lifted out its pre and post trade compliance engine into a standalone product.
CYMBA Centurion brings to the market a compliance solution providing support for different rule types, asset classes and a customisable incident breach management workflow via fully configurable screens.
CYMBA Centurion is used as a standalone compliance system by a number of CYMBA’s clients. Previously integrated as a module within the CYMBA Athena IMS platform, it is now offered as a complete compliance solution for investment managers
