Hedge Funds Split Functions Among Additional Brokers

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The hedge fund industry is starting to feel the impact from the Dodd-Frank Act in terms of how it (the industry) deploys technology in its operations, say industry professionals who spoke at a recent forum sponsored by trade order management, compliance and portfolio accounting services provider, Linedata Services. "Many of the things that people in this industry have grown up with are currently being changed," said Lance Friedler, counsel in the corporate and financial services group at law

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Crypto exchange EDX takes its tech into its own hands

The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.

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