Solutions
Advent Software, a provider of software and services for the investment management industry, is making Capital IQ and Tamale RMS data available via a single dashboard view.
The new dashboard combines fundamental and quantitative company data, offered by Standard & Poor’s Capital IQ, with the investment firm’s own proprietary research data through Tamale RMS.
The integration aims to help investment professionals to more effectively analyse companies across sectors, industries, portfolios and watch lists to quickly focus on investment opportunities with the highest potential return.
The Capital IQ platform is a web and Excel-based research product that combines information on companies,
Goldman Sachs has launched its Derivatives Clearing Services business.
DCS provides clients with a global over-the-counter clearing service for interest rates, credit, foreign exchange, equities and commodities.
Goldman Sachs DCS is an agency business designed to streamline the client derivatives clearing experience across products, asset classes and regions.
It builds upon the firm’s prime brokerage and futures clearing platforms to maximise efficiency and provide an integrated suite of tools and reporting for clients.
“In partnership with our clients, regulators and multiple clearing venues, we are committed to improving market structure for derivatives,” says Michael Dawley, managing director and co-head
The average price for assets on the secondary hedge fund market rose to 78 per cent after shaking off some of the fallout from May’s European debt crisis, according to Hedgebay’s June index.
Investors’ confidence was shaken by the damage caused by the Greek crisis, and saw the average price for hedge fund shares drop to an all time low.
Although the average price shows that secondary users continue to be wary of paying too much for assets, the rise does indicate an upturn in confidence.
The eight per cent rise in the average price has been helped by trading
ABC Quant, a provider of risk management analytical solutions for the hedge fund industry, has launched Quant Suite Barclay Edition.
The new application, powered by Barclay databases, offers a broad choice of advanced analytical tools for institutional investors and investment advisers.
BarclayHedge is powering the new platform through access to its range of hedge fund, fund of fund and managed futures (CTA) databases.
Barclay databases offer information for more than 5,800 alternative investment vehicles across all strategies and asset classes.
Quant Suite Barclay Edition provides automatic data updating twice a month.
It offers a choice of analytical solutions for investment
NYSE Euronext is creating the first pan-European multilateral trading facility for corporate bonds, making it the first market operator to respond to the specifications issued by the Cassiopeia Committee on 26 April 2010.
The new platform will be open to all regulated institutions authorised to operate in Europe and seeking to trade, among professionals, fixed and floating rate bonds denominated in euros and issued by non-sovereign issuers.
Using technology based on the Universal Trading Platform, it will allow financial intermediaries to reap the full benefits of UTP’s scalability, capacity, ultra-low latency and resiliency.
The corporate bond trading platform will
Following the signing of a partnership between ABN Amro Clearing and tick-TS in February this year, the companies have expanded the markets available via their set-up.
As of today, further access can be provided to the NYSE Euronext Cash Market and Eurex.
“The combination of the exchange memberships of AAC and the tick-TS trading front-end has proved to be very successful right from the start. We now have a substantial customer base using tick-TS who are all very enthusiastic with the speed of execution through the proximity hosted servers of tick-TS,” says Sven Diepenbach, market access business development manager at
Bolsas y Mercados Españoles and Clearstream are calling the first European trade repository created by both partners Regis-TR.
The system will collect and administer details of all over-the-counter transactions reported by users and give market participants and regulators access to a consolidated global view of these OTC derivative positions.
Regis-TR is aimed at complying with transparency requirements of future European regulations.
The external testing phase of the trade repository is being launched on 22 July. Internal testing has gone smoothly and without any disruptions during the last month. The testing environment will be made available to all entities interested in
Alvarium Capital has selected the Deltix QuantOffice and QuantServer product suite for the development and production deployment of advanced quantitative strategies.
Deltix offers a one-stop software platform for quantitative traders and portfolio managers to create, test, optimise and deploy in production alpha generation and execution strategies.
Jonathan Calvert is the president of Alvarium Capital, a hedge fund startup developing multi-horizon quantitative strategies. Calvert has used a wide variety of quantitative tools, both commercial and proprietary, over his 18 year career as a partner at GMO and portfolio manager at RiverSource Investments and Mellon Capital Management.
"The Deltix product suite provides
Derivatives exchange Eurex has for the first time exceeded the one million mark in open interest on its dividend product suite.
Dividend futures and options contracts outstanding as at 19 July stood at 1,010,417 which represent a nominal value in excess of EUR6.2bn of the dividend payments of European blue-chip companies.
Dividend based derivatives are a relatively new asset class and Eurex was the first exchange to launch equity index dividends in summer 2008.
Open interest of the dividend index derivatives stands above 636,000 contracts.
Dividend contracts on single stocks were introduced in January 2010 and they have already amassed
NYSE Technologies, the commercial technology unit of NYSE Euronext, has launched Order Routing Direct, a fully-managed point-to-point order routing service.
Order Routing Direct uses patent-pending network technology that allows customers to connect directly via FIX protocol with their trading counterparties and does not require routing back to a centralised hub.
“Order Routing Direct provides our customers with fully-managed connectivity, broad FIX compatibility and revolutionary network technology to directly connect to any of the more than 650 broker dealers and 600 buy-side firms in the NYSE Technologies Marketplace community,” says Scott Fitzpatrick, vice president, NYSE Technologies Marketplace. “We recognise that some
