Luma Financial Technologies, an independent, multi-issuer structured products and annuities platform, has selected RJ O’Brien (MENA) Capital Limited (RJO MENA), an affiliate of RJ O’Brien & Associates (RJO), to join the platform. RJO is the oldest and largest independent futures brokerage and clearing firm in the US, with international offices in London, Paris and Dubai, as well as in Asia. Since the firm’s establishment over 100 years ago it has since diversified into other asset classes including fixed income and structured products.   By connecting to the Luma platform, RJO MENA will be able to efficiently provide its institutional, commercial

Global asset manager abrdn has launched the abrdn Eclipse fund platform, an offering for institutional investors that provides passive exposure to hedge fund strategies underpinned by indices from market-leading hedge fund index provider Hedge Fund Research (HFR). abrdn Eclipse breaks new ground with the launch of the first hedge fund index tracking platform. Domiciled in the Cayman Islands, Eclipse offers abrdn’s global clients access to the flagship investable hedge fund benchmark HFRI 500, as well as eight sub-strategy indices including Long/Short Equity, Equity Market Neutral, Merger Arbitrage,  Event Driven Multi-Strategy, Discretionary Macro, Systematic Macro, Fixed Income Relative Value, and Volatility

The Palm Beach Hedge Fund Association (PBHFA) has formed a strategic partnership with international law firm, Ogier. Ogier provides legal advice on BVI, Cayman, Guernsey, Irish, Jersey and Luxembourg law. Its network of locations also includes Beijing, Hong Kong, London, Shanghai, Singapore and Tokyo. Legal services for the corporate and financial sectors form the core of our business, principally in the areas of banking and finance, corporate, investment funds, dispute resolution, private equity and private wealth. The firm also has strong practices in the areas of employee benefits and incentives, employment law, regulatory, restructuring and corporate recovery and property. The

ING has spun out Pyctor to GMEX Group (GMEX), a specialist in digital business and technology solutions for exchanges and post-trade market infrastructure. Pyctor’s digital post-trade market infrastructure technology is designed for firms operating in regulated environments. It provides highly secure digital custody and transactional network services for a broad range of digital assets, as well as delivering interoperability between permissioned and public blockchains. Pyctor was incubated in ING Neo’s Amsterdam innovation lab, in collaboration with major financial institutions and regulators.   Pyctor is now a service offering within GMEX. Hirander Misra is appointed Chairman of Pyctor with other senior

The upgraded version of BitMEX Mobile app now allows users to trade derivatives contracts and spots pairs on the go, in addition to the ability to buy, sell, and convert crypto that are already included in the Lite version.

Moody’s Analytics has added market risk analytics to its PFaroe Portfolio Management (PM) Platform. PFaroe PM now offers historical and Monte Carlo risk analytics alongside its multi-asset class performance attribution capabilities. PFaroe PM is a cloud-based solution which allows users to customise their performance attribution and risk analyses while providing an interactive tool to probe and analyse results. The historical and Monte-Carlo analytics use a new simulation engine to generate market scenarios. Historical simulation applies past returns to market factors such as equity prices, interest and FX rates, market-implied inflation rates, among others. Monte-Carlo simulation, by comparison, uses the correlation

Integral, a technology company in the foreign exchange market, has reported that customer average daily volumes (ADV) across Integral platforms totalled $49 billion in June 2022. This represents an increase of +5.2% compared to May 2022 and a decrease of -3.9% compared to the same period in 2021. Integral’s cloud-based SaaS FX workflow solutions have been designed to meet the trading needs of the widest variety of buy-side FX market participants, including banks, brokers, asset managers, and hedge funds.

Archax, a global, regulated, digital asset exchange, brokerage and custodian based in London, has selected METACO, a provider of digital asset custody and orchestration technology to global financial institutions, to underpin and expand its institutional custody solutions for digital assets.

BKCoin Capital (BKCoin), an institutional crypto investment firm at the forefront of the digital assets revolution, has partnered with Nova, provider of an intelligent onboarding platform. The partnership will streamline the onboarding process for institutional investors allocating to BKCoin’s digital asset strategies by replacing subscription paperwork with digital workflows that automate compliance.  BKCoin’s partnership with Nova enables their investors to complete their fund subscriptions through intuitive digital workflows that prevent human error. As investors complete their subscription on Nova, they passively build an identity profile that can be reused on future subscriptions and financial transactions across any firm in the

State Street and FactSet have formed a strategic partnership to streamline data flows across the front, middle and back-office through State Street’s Alpha Data Platform.