Tag: hedge fund

December 15, 2014 BY Mike Fox

Malaysian Ringgit, Philippines Peso added to Thomson Reuters Matching platform

Thomson Reuters, today announced the launch of real-time electronic trading of spot and forward Malaysian Ringgit (MYR) and the Philippines Peso (PHP) on its Matching platform. The addition of the new currencies to Matching, means, onshore banks will now have access to an electronic central limit order book, providing them with more reference on pricing…

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November 17, 2014 BY Mike Fox

Stanley Fink’s hedge fund ISAM to start FX prime brokerage

Bloomberg is reporting that International Standard Asset Management Ltd., a London-based hedge-fund firm run by Stanley Fink, is starting a Forex brokerage to target institutional investors. The service, "IS Prime", will provide prime brokerage, traditional and non-traditional liquidity and risk-management solutions, ISAM said in an e-mailed statement. The 57-year-old Fink, joined ISAM in 2008 after stepping…

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October 22, 2014 BY Mike Fox

Billionaire hedge fund manager David Tepper is short the euro

David Tepper, the founder of hedge fund Appaloosa Management, said that he's short the euro during a talk at the Robin Hood Investors Conference in New York City. Tepper, whose fund specializes in distressed debt, said he expects that the European Central Bank will need to expand its balance sheet by instituting more quantitative easing…

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August 07, 2014 BY Mike Fox

Suite's ALibV3.0 powers Orchestrade Financial Systems front-to-back at large hedge fund

Suite LLC, provider of the ALib™ financial analytic library for pricing and risk management of credit and rates derivatives, has partnered with Orchestrade Financial Systems to offer an integrated cross-asset platform addressing today’s front, middle and back-office challenges. The combined Orchestrade/ALibV3.0 solution is now in production at a growing NY-based macro/fixed-income fund with approximate AUM…

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