Alameda Research is leading a USD40 million investment round in Oxygen, a decentralised prime brokerage protocol that will offer prime brokerage services that have traditionally been limited to investment banks and hedge funds to everyone, free of centralised control.
By Gary Clifford-Newman, Vice President, Prime Services Sales at London-headquartered brokerage Sova Capital. Clifford-Newman joined Sova Capital in 2018 and focuses on delivering prime services for hedge funds and managers accounts covering equities, fixed income, futures and options execution, prime-financing and custody solutions.
Genesis, a specialists in digital currency prime brokerage services, has appointed Dr Derar Islim to the newly-created position of Chief Operating Officer (COO).
Standard Chartered has gone live on foreign-exchange (FX) and digital asset infrastructure provider Cobalt's platform for its Prime Brokerage (PB) and Executing Broking (EB) business.
IS Prime, part of ISAM Capital Markets, has partnered with FDCTech to extend its liquidity distribution to the innovative Condor FX Pro trading platform.
The ASEAN region has demonstrated itself as a major area for investment and potential growth. However, much of this growth is still on the horizon and yet to be materialised. For the prospects of the ASEAN region to reach their true potential, the current environment requires cost efficiency, scalability and talent. These are critical factors to creating a supportive ecosystem.
Capco, a global technology and management consultancy dedicated to the financial services industry, has announced the launch of a new Prime Brokerage Consulting offering.
Financial services provider Siebert Financial Corp is to purchase Weeden Prime Services (Weeden Prime), a prime brokerage services provider.
Fund managers may be unaware as to exactly where and how much money is being spent with brokers due to a failure to fully review all their relationships qualitatively and quantitatively.
BCS Global Markets (BCS GM), has appointed Andrew Richards as Prime Services Sales Director. Based in London, Richards will be supporting the firm’s expansion by strengthening and expanding the global investor base in the US, Europe, Emerging and frontier markets and will report to Tim Bevan, CEO of BCS UK.