Key among this week's batch of Buy-Side Technology news, the pan-European equitites matching and central counterparty clearing service established by Omgeo and EuroCCP has made its first live execution of a trade between hedge fund manager Citadel and prime broker Credit Suisse.
Waters Technology European staff writer Sitanta Ni Mathghamhna reports that the new service should streamline hedge fund transactions and reduce counterparty risk, if all goes according to plan. Such a capability, assuming it's successful, could go a long way toward satisfying European regulators' ongoing demands for more transparency when it comes to hedge fund activities.
Also, be sure to check out Waters news editor Anthony Malakian's video interviews with Sophis head of North American sales Charles Garcia on risk management and Kinetic Partners director Jonathan Saxton on compliance hurdles beyond SEC registration awaiting hedge fund managers.
Deputy Editor, Buy Side
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails