After a good run of results, hedge funds and CTAs turned in negative performances in September according to BarclayHedge indices published this week. The Barclay CTA Index was down 0.85% for the month, but remains in positive territory for the year at +1.9%. Currency traders were a rare beacon of positivity in the sub-indices, producing […]
In this week’s podcast Colin Lambert gets his teeth into one of his favourite subjects – spoofing – and, as usual, has some theories about lessons that can be learned elsewhere. Ahead of Forex Network Chicago later this week, however, which will kick off by a panel looking at the FX swaps market structure, the […]
New Change FX (NCFX) has launched what it says are the world’s first live streaming benchmarks for FX forwards, the calculation of which has enabled the firm to simultaneously launch a set of currency beta indices that are designed to enable structured products to be created which offer asset managers an alternative to taking FX […]
Singapore Exchange (SGX) has unveiled a partnesrhip with collaborating with UK-based cryptocurrency market data provider CryptoCompare, to launch crypto indices under the SGX iEdge index suite, namely the iEdge Bitcoin Index and iEdge Ethereum Index, as the first batch of such indices. According to research data by CryptoCompare, the total assets under management (AUM) globally of digital asset […]
The European Commission (EC) has opened an in-depth investigation to assess the proposed $27 billion acquisition of Refinitiv by the London Stock Exchange Group (LSEG) under European Union Merger Regulation. The Commission says it is concerned that the proposed acquisition may reduce competition in trading and clearing of various financial instruments and in financial data […]
Backstop Solutions Group, a cloud-based CRM provider for institutional and alternative investors, is set to acquire BarclayHedge, which produces alternative investment data and indices. In a release issued today, BackStop says that adding BarclayHedge to its portfolio of acquired companies represents a significant step in its long-term vision of a productivity suite for institutional and alternative investors. “With proprietary access to the 2,200 alternative investment managers and 6,900 funds tracked by BarclayHedge, Backstop will be able to offer institutional clients a unique combination of technology, tools, services and data to help optimise their research management and due diligence workflows. Alternative asset managers who currently report to BarclayHedge will also benefit by having their exposure to asset owners potentially triple when the client communities of both Backstop and BarclayHedge are combined,” it says in the release.
ING is launching proprietary global emerging markets indices, aiming to provide clients with a new route for gaining exposure to emerging markets currencies.
Bloomberg is responsible for providing the independent calculation and administration of these indices. In addition to leveraging Bloomberg’s expertise in strategy index development, calculation and administration, ING is using Bloomberg’s BFIX data source to use in the index, stating in a release issued today that it is an independent benchmark for currency rates that is regularly updated and widely used by the FX market.