Thursday, 18 September 2014
Last updated 1 hour ago
Jan 4 2010 | 9:28am ET
The Tokyo Stock Exchange is set to roll out a new high-speed trading platform this week. And the hedge funds will reportedly be there to take advantage of it.
Among them will be D.E. Shaw Group, Asian Investor reports. The New York-based hedge fund would not comment on reports that it and other hedge funds engaged in high-frequency trading were building up their Tokyo desks in advance of the stock exchange’s new system.
The Tokyo bourse’s US$145 million Arrowhead platform will process trades in just five milliseconds and will give the exchange the more than six times its current capacity. Currently, Tokyo trades take between two and three seconds; under the new system, the TSE will be more in line with the New York Stock Exchange and London Stock Exchange.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.