Extant Capital launches with $200 million New Holland investment
The investment allows the newly founded asset manager to begin trading in August and will see New Holland providing strategic support as operations commence.
News
Former Peel Hunt electronic trading head joins Berenberg to bolster algorithmic offering
Individual had been at Peel Hunt for two years, and joins the firm alongside former Bernstein head of portfolio trading strategy and risk.
Marex rebuts all allegations made by NINGI Research report which labelled the firm ‘a financial house of cards’
NINGI Research currently has a short position in the business, which has prompted a to and fro between the two companies as to the motivations behind the accusations levelled against Marex.
Buy-side becoming more reliant on TCA, with 85% of traders viewing it as an essential tool
Third-party TCA systems are the buy-side’s preferred choice when selecting a platform, according to a Coalition Greenwich report.
Former BlackRock trading director joins Bloomberg to head up credit derivatives electronic offering
Individual previously spent more than 11 years at BlackRock and has also worked at Unifi Asset Management and Goldman Sachs.
Beeks unveils new AI solution to drive trading intelligence innovation
The offering analyses data at the network edge, and brings real-time AI analytics and predictive intelligence capabilities directly to colocation facilities.
Tradeweb and Virtu among working group to collaborate with Digital Asset on UST transaction
The transaction, which allows for on-chain financing of UST against USDC, was executed via Tradeweb and is set to pave the way for 24/7 global trading access to high quality liquidity assets.
Broadridge partners with BMLL to bring pre-trade analytics to its global sell-side OMS and Japanese buy-side EMS
The offering will see BMLL’s pre-trade analytics integrated into Broadridge’s global OMS, and Xilix EMS in Japan.
Citi taps Millennium for head of prime finance for JANA and Asia South regions
Individual is set to support the growth of the firm’s prime finance offering and previously spent almost 30 years at Goldman Sachs.
FIX Trading Community publishes updated MMT ahead of upcoming European consolidated tape
The new offering, MMT 5.0, is set to provide an industry data standard to help firms understand published transactions in European capital markets and maintain market data transparency.