26 Mar 2021
New hedge fund launches hit highest level in three years, as managers seize on growing opportunities
The number of new hedge funds being launched has reached its highest level in three years, as managers look to capitalise on the nascent…
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JonesTrading adds industry veterans to outsourced trading department
JonesTrading Institutional Services (JonesTrading) has appointed industry veterans Chris Macaluso and Jon Everett to its European and US…
Cowen launches enhanced algorithmic trading solution
Cowen has launched a new algorithmic trading solution, the “Inaccessible Liquidity Adjustment,” to address fundamental shifts in the US…
Angelo Gordon adds senior hires to structured credit team
Angelo, Gordon & Co, a USD43 billion alternative investment firm focused on credit and real estate investing, has added two senior…
25 Mar 2021
Umbria Farm launched by DeFi protocol Umbria
Umbria, a DeFi protocol that uses layer two technology developed by Polygon, has launched Umbria Farm. Read the full story at Institutional…
EEX awarded contract as sales platform for fuel emissions trading in Germany
European Energy Exchange AG (EEX) has been awarded the contract for the sale of fuel emission allowances in the national Emissions Trading…
Hedge fund short sellers boosted after staggering Cineworld losses send shares plummeting
Cineworld, a long-standing target of hedge fund short sellers, saw its share price plummet on Thursday after the group slumped to an…
Velox partners with Glue42 to launch trading desk solution
Glue42, a provider of integrated desktop solutions to financial institutions globally, and Velox, a data-centric, low-code application…
TORA integrates BondCliQ’s US corporate bond consolidated quote and trade data
TORA, a provider of trading technology, has integrated its order & execution management system (OEMS) with BondCliQ’s US corporate bond…
FinIQ selected as digital trading platform by SH Capital
Newly launched digital treasury services management provider SH Capital Ltd (SHC), has appointed FinIQ as its digital trading platform.Read…
Tether tokens surpass USD40bn market cap
Tether tokens (USDt) have climbed above a market capitalisation of USD40 billion, amid a surge in institutional and corporate demand.As the…
Horizon extends trading solutions and algos offering to Vietnam
Horizon Software a provider of electronic trading solutions and algorithmic technology, is making its trading and algo solutions available…
Hedge funds see USD30.5bn inflows in January
The hedge fund industry experienced USD30.5 billion in inflows in January, a strong start to the year following a December that saw nearly…
24 Mar 2021
Long-running trend-following hedge fund Drury Capital scores double-digit returns amid ‘erratic’ market movements
Drury Capital, the long-running US trend-following hedge fund firm led by former grain trader Bernard Drury, has soared into double-digit…
Muzinich adds five to team
Muzinich & Co has appointed five investment professionals, as the firm continues to deepen its investment capabilities within corporate…