Hedge fund Dark Forest Technologies installs FlexTrade OEMS
Systematic hedge fund Dark Forest will use the OEMS from FlexTrade to consolidate its trading capabilities onto a single platform.
Buy-Side
Fidelity deploys and invests in cloud-based data platform to streamline legacy data
Following a long-standing partnership, Fidelity International will adopt the FINBOURNE LUSID platform and has made a strategic investment in the FinTech firm.
JP Morgan Asset Management APAC trading head to build data science team in expanded role
A new data science team will be established at JP Morgan Asset Management, led by the firm’s Asia Pacific head of equity trading who expands his role as head of data science.
The two-strong trading team
Head of trading, Alex Roselló, and equity trader, Gustavo Iglesias, at Bestinver, tell Hayley McDowell about adapting to a surge in trading volumes following the Spanish asset manager’s acquisition of Fidentiis, and the challenges that Brexit has posed for European buy-side firms.
Fidelity signs FinTech pledge on partnering with start-ups
As the first asset manager to sign the FinTech pledge, Fidelity has committed to principles on engaging with start-ups and onboarding processes.
The Big Interview: Lynn Challenger
Global head of trading and order generation at UBS Asset Management, Lynn Challenger, tells Annabel Smith that order flow is increasingly being internalised as buy-side traders continue to grapple with trading costs.
Battle for the trading desk: revisited webinar – Q&A
Participants in The TRADE’s recent outsourced trading webinar answer some of the questions from the audience.
FCA warns buy-side about poor fund value assessments
A review of assessment of value reports flagged failures in meeting standards the FCA expects after a major market study in 2017 led to more stringent disclosures for funds.
TORA adds buy-side bond execution data to OEMS with Glimpse Markets
Buy-side users will be able to view Glimpse’s aggregated buy-side execution data on TORA’s OEMS at the point of trade.
Standard Life Aberdeen completes rebrand as abrdn
In April, Standard Life Aberdeen said it would rebrand and change its name to abrdn as part of a new company strategy.