Tuesday, 28 June 2016
Last updated 10 hours ago
Dec 10 2009 | 12:08pm ET
There is a new trading and advisory firm in town catering to hedge funds and other asset managers.
Sassan Ghahramani announced today that SGX Advisors, a foreign exchange and global macro intelligence and trading firm, has set up shop in New York.
According to the firm, SGX combines high-level policy, economic, and market intelligence from across both developed and developing countries, drawing from a network of well informed, independent sources. The result is forward looking FX and macro insight that is timely, actionable, and uniquely adapted to today's global economy and markets.
"We are living in a world where a Dubai debt restructuring affects gold and UK stocks, where Chinese economic policy impacts Euro/Yen and Australian bonds, and where Fed comments can drive the Mexican Peso as much as the US Treasury curve," said Ghahramani, president and CEO of SGX. "Most analysts, strategists, and economists are limited in their ability to properly anticipate or react to such macro linkages due to siloed information, narrow specialization, or institutional conflicts and constraints.
"At SGX, we focus precisely on these critical connections, continuously gathering and synthesizing intelligence on central bank policy, macroeconomics, geopolitics, currency, and interest rate markets from all over the world."
SGX also offers clients foreign exchange and fixed income trade execution through its partnership with Arbor Research and Trading, an independent institutional broker dealer with offices in the U.S., UK and Switzerland.
Before founding SGX, Ghahramani was president, CEO and a board member of Medley Global Advisors, a policy intelligence firm for hedge funds and money managers. He has also served as a senior FX trader for Lehman Brothers, AIG, and Chemical Bank, and head of foreign exchange trading for UBS New York.