Day: 21 February 2018

Crane Joins MarketFactory

Al Crane has joined MarketFactory as director of sales, based in London.

Prior to joining MarketFactory, Crane most recently worked with SEB to help the Swedish bank prepare its FX business for MiFID II.

Before that, he worked as head of institutional sales for ADS Securities in London and spent five years in global e-FX sales at SEB.

Crane has also worked at Standard Chartered Bank, where he was the head of e-FX sales for Europe, Americas and Africa.

Building a Cryptocurrency Portfolio: Promise Over Peril

At a recent buy side event hosted by Profit & Loss and CME Group in New York, a panel of cryptocurrency experts discussed how institutional investors and traders should think about these assets within a portfolio.

Interest in cryptocurrencies has skyrocketed amongst investors and trading firms over the past year, as the market capitalisation for this nascent asset class has increased dramatically and volatile price action has offered the potential for outsized returns compared to many traditional asset classes.

Yet some firms still consider cryptocurrencies to be too risky to include in their portfolio, a position that Ari Paul, managing partner and CIO of the hedge fund BlockTower Capital, took issue with on the panel.