Solutions
In July 2012 the international derivatives markets of Eurex Group recorded an average daily volume of 8.1 million contracts, down from 10.1 million in July 2011.
Of those, 5.8 million were Eurex Exchange contracts (July 2011: 7.2 million), and 2.3 million contracts (July 2011: 2.9 million) were traded at the US-based International Securities Exchange (ISE).
In total, 127.6 million contracts were traded at Eurex Exchange and 48.1 million at ISE.
At Eurex Exchange, the equity index derivatives segment totalled 63.8 million contracts (July 2011: 72.5 million). The single largest contract was the future on the Euro Stoxx 50 Index with
SS&C GlobeOp has launched its investor document processing and management solution, e-Investor, for hedge funds, fund of funds, private equity funds and managed account organisations.
In the alternatives industry, managing paper-based investor transaction documents, such as subscriptions and redemptions, is laborious, time-consuming, and fraught with risk.
SS&C GlobeOp’s e-Investor provides an electronic workflow solution, including web-based completion of investor documents reducing operational risks, speeding up transaction processing and achieving high levels of data quality and integrity.
In early 2012, a major financial institution deployed SS&C GlobeOp’s e-Investor to automate its investor subscription processing. Secure web-based access was granted to
FundCount, a provider of investment management and accounting software, has integrated FINCAD’s F3 into its FundCount Risk Analytics solution.
F3 provides comprehensive, calculated risk measures that enable companies to obtain a better picture of their portfolio's risk.
FundCount provides technology for financial professionals such as hedge funds, fund administrators, fund of funds, asset managers, private equity funds, and single and multi-family offices. Its clients are worldwide with assets totalling USD25bn.
FundCount creates tools to perform comprehensive portfolio management and partnership accounting, compliance, CRM, web reporting, document management, and more. With the F3 risk platform, FundCount will be able to offer
HedgeChatter.com, an online service that allows everyday investors to make investment decisions based on the latest social media data, has been launched by Atlanta-based Soktino Dynamics.
James Ross, co-founder of HedgeChatter.com, says: "Hedge funds and wealth management brokerage firms have begun implementing social media stock data into their overall trading strategies to capitalise on this lucrative insight. Their results have been staggering. Individual investors also need access to this high level information in order to compete which is exactly what HedgeChatter.com aims to provide.”
A recent poll stated one of the biggest challenges facing investors today is the ability to
Coeli Asset Management has launched its Coeli Power Surge strategy on dbSelect, Deutsche Bank’s platform for accessing liquid hedge fund strategies.
Coeli Power Surge allows investors to gain access to the Nordic power market for the first time via dbSelect, adding to the roster of strategies available on the platform.
The strategy captures price trends caused by weather patterns in the Nordic countries. The manager trades exclusively on the Nasdaq OMX Commodities exchange.
Managed investment platforms allow hedge fund managers to offer multiple customised ways of accessing investment strategies in a transparent and efficient manner, whilst reducing counterparty risk and
Advent Software has partnered with Data Agent to provide tools to help hedge funds and hedge fund administrators meet Form PF reporting requirements.
By working together, Advent and Data Agent bring together data, modern dashboards and easy-to-use management and sharing functionality to help reduce complexity, cost and the time required to meet new regulatory mandates.
The Dodd-Frank Act requires the Securities and Exchange Commission and the Commodity Futures Trading Commission to gather information on investment managers’ private funds. In response, the SEC created Form PF for Registered Investment Advisers. The first Form PF quarterly filing deadline is 29 August 2012
MarketAxess has expanded its suite of electronic trading protocols to help investors and broker-dealers more effectively source liquidity in the credit markets.
MarketAxess has developed the industry’s first anonymous request-for-quote (RFQ) trading protocol for the credit markets on DealerAxess, its dealer-to-dealer electronic trading platform.
The new functionality allows dealers to electronically place individual orders or bid and offer lists through the MarketAxess system to other broker-dealers.
DealerAxess is connecting the interdealer institutional and retail markets to allow dealers to manage their balance sheet inventories more actively, a key objective in the new regulatory environment. More than 5,000 trades have been
LCH.Clearnet’s interest rate swap clearing service, SwapClear, now clears approaching 50 per cent of all outstanding over-the-counter forward rate agreements (FRAs).
The rapid and broad adoption of FRA clearing since its introduction on SwapClear in December 2011 comes well ahead of mandatory clearing and reflects the market’s recognition of the value the product plays in cross-margining as an alternative to listed futures contracts.
FRAs are an important tool for offsetting short interest rate swap risk, and represent one of the most actively traded over-the-counter derivatives. SwapClear is the only service to offer clearing of OTC FRAs.
Since the product’s introduction,
Institutional investors can now trade Turkish listed securities through Liquidnet’s platform.
Institutional investors can now trade Turkish listed securities through Liquidnet’s platform.
Liquidnet now provides access to 40 equity markets. Trades of Turkish equities will be executed via Liquidnet’s appointed local broker on the Istanbul Stock Exchange.
“The Turkish economy has shown strong signs of growth despite global macro volatility, capturing the interest of portfolio managers globally,” says Per Lovén (pictured), head of corporate strategy for Liquidnet Europe. “As Turkey continues on its path to becoming a regional financial powerhouse, institutional investors looking to unlock value in Turkish growth
Imagine Software, a provider of cloud-based portfolio and risk management solutions, has launched the Imagine Financial Platform (IFP) and the Imagine Marketplace.
With these offerings, Imagine provides a cloud-based environment enabling financial institutions, service providers, consultants, and other third parties to use, create, and distribute applications—Imagine Apps—that leverage, customise, and extend the Imagine Trading System.
The Imagine Financial Platform leverages the full set of capabilities native to Imagine including its analytics and data universe to allow for the creation of apps that fulfil mission-critical business needs in areas such as regulatory requirements, compliance, portfolio performance and monitoring, workflow automation, and
