Commodity pool operator

Hashnote Elevates Collateral Efficiency for PayPal USD With Paxos

Retrieved on: 
Tuesday, March 26, 2024

USYC token yield is backed by investment in US Treasury Bills, repurchase (repo), and reverse repurchase (reverse-repo) agreements.

Key Points: 
  • USYC token yield is backed by investment in US Treasury Bills, repurchase (repo), and reverse repurchase (reverse-repo) agreements.
  • Earlier in 2023, Paxos expanded its product lineup to include PayPal USD (PYUSD).
  • The partnership between Hashnote and Paxos substantially raises the cap on immediate minting and redemption, ensuring sufficient liquidity for even the largest institutions.
  • The Paxos and Hashnote partnership embodies a collaboration between companies focused on cryptocurrencies within a regulatory and security framework that benefits customers globally.

A-Mark Strengthens Global Trading Team with Appointment of Roy Friedman as SVP of Trading, Global Precious Metals

Retrieved on: 
Wednesday, October 18, 2023

EL SEGUNDO, Calif., Oct. 18, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has appointed Roy Friedman to serve as senior vice president (SVP) of trading, global precious metals, effective September 29, 2023.

Key Points: 
  • EL SEGUNDO, Calif., Oct. 18, 2023 (GLOBE NEWSWIRE) -- A-Mark Precious Metals, Inc. (NASDAQ: AMRK) (A-Mark), a leading fully integrated precious metals platform, has appointed Roy Friedman to serve as senior vice president (SVP) of trading, global precious metals, effective September 29, 2023.
  • Friedman brings to A-Mark four decades of experience in precious metals trading, in addition to being a well-respected industry commentator.
  • "We're excited to welcome Roy back to the A-Mark team,” said Kevin Pelo, executive vice president and head of global trading for A-Mark.
  • “With over 40 years of experience in the precious metals industry, Roy’s appointment further strengthens A-Mark's position as an industry leader.

Invesco Expands Commodity ETF Suite with a Unique Electric Vehicle Commodities Strategy

Retrieved on: 
Wednesday, April 27, 2022

ATLANTA, April 27, 2022 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today that it has expanded its Invesco Commodities Exchange-Traded Fund (ETF) Suite with the launch of Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT). EVMT is an actively managed ETF designed to provide economic exposure to the commodities widely used in the production of electric vehicles.

Key Points: 
  • ATLANTA, April 27, 2022 /PRNewswire/ -- Invesco Ltd. (NYSE: IVZ), a leading global asset management firm, announced today that it has expanded its Invesco Commodities Exchange-Traded Fund (ETF) Suite with the launch of InvescoElectric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT).
  • EVMT is an actively managed ETF designed to provide economic exposure to the commodities widely used in the production of electric vehicles.
  • The Invesco EVMT ETF is the first fund to offer access to upstream electric vehicle transition themes by offering exposure to commodities critical to producing electric vehicles.
  • Invesco's broad commodity ETF, Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC), is the largest broad commodity ETF globally.5
    EVMT will seek long-term capital appreciation by utilizing a strategy designed to exceed the performance of its benchmark, the S&P GSCI Electric Vehicle Metals Index.

Spooz, Inc. (SPZI) Announces its Unique and Diverse Plan to Generate Revenue from Global Forest Acquisitions

Retrieved on: 
Tuesday, February 15, 2022

The Company plans to generate revenue from its global forest acquisitions utilizing its three divisions; Spooz Technologies LLC, Spooz Asset Management LLC, and Spooz Forestry Services LLC.

Key Points: 
  • The Company plans to generate revenue from its global forest acquisitions utilizing its three divisions; Spooz Technologies LLC, Spooz Asset Management LLC, and Spooz Forestry Services LLC.
  • Hedging and speculative trading for the Spooz Commodity Assets Pool, LLC.
  • Revenues from these sales will be derived from three primary sources; Pool, large individual forest owners and cooperatives that Spooz will organize and manage.
  • The Companys technologies manage access to electronically, exchange traded assets that can be combined with the cash commodity business to algorithmically streamline and hedge diverse sources of revenue.

Volatility Shares Appoints ETF Industry Veteran Chang Kim as Chief Operating Officer

Retrieved on: 
Thursday, January 13, 2022

PALM BEACH GARDENS, Fla., Jan. 13, 2022 /PRNewswire-PRWeb/ -- Volatility Shares LLC, the Florida-based sponsor of two upcoming VIX-linked ETFs, announced today the addition of Chang Kim to their Management Team as Chief Operating Officer.

Key Points: 
  • PALM BEACH GARDENS, Fla., Jan. 13, 2022 /PRNewswire-PRWeb/ -- Volatility Shares LLC, the Florida-based sponsor of two upcoming VIX-linked ETFs, announced today the addition of Chang Kim to their Management Team as Chief Operating Officer.
  • Mr. Kim joins Volatility Shares after 11 years at Global X ETFs, the New York-based sponsor of ETFs, where he most recently served as COO.
  • Mr. Kim's appointment at Volatility Shares deepens an experienced team of Volatility and ETF specialists.
  • "Chang brings tremendous industry experience and an entrepreneurial mindset to Volatility Shares, which will be invaluable as we look forward to launching and supporting our family of innovative volatility-linked ETFs in the coming years," said Dr. Stuart Barton, Co-Founder and Chief Investment Officer of Volatility Shares.

Nahmii Launches Layer 2 Solution Primed for Institutional Scale; Raises $8M from Blockchain Investing Leaders

Retrieved on: 
Tuesday, September 28, 2021

This version of Nahmii empowers developers of generalized smart contract-based applications to build solutions with the performance and customizations required at institutional scale.

Key Points: 
  • This version of Nahmii empowers developers of generalized smart contract-based applications to build solutions with the performance and customizations required at institutional scale.
  • Nahmii 2.0 builds on the previous payments-only version of the platform, to support generalized smart contracts and offers unique capabilities which enable institutional use cases.
  • Nahmii is distinguished from other layer 2 platforms due to its unmatched transaction speeds, instant finality and composability that supports individual use cases seamlessly:
    Instant Finality.
  • Further, Nahmii alone offers transaction speeds with low latency on par with centralized servers--the holy grail of layer 2 scaling solutions.

First Trust Advisors L.P. Announces Distribution for FT Cboe Vest Gold Strategy Target Income ETF®

Retrieved on: 
Friday, July 30, 2021

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • The fund has characteristics unlike many other traditional investment products and may not be appropriate for all investors.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.
  • First Trust Advisors L.P. is registered as a commodity pool operator and commodity trading advisor and is also a member of the National Futures Association.

First Trust Advisors L.P. Announces Distribution for FT Cboe Vest Gold Strategy Target Income ETF®

Retrieved on: 
Wednesday, June 30, 2021

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • The fund has characteristics unlike many other traditional investment products and may not be appropriate for all investors.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.
  • First Trust Advisors L.P. is registered as a commodity pool operator and commodity trading advisor and is also a member of the National Futures Association.

First Trust Advisors L.P. Announces Distribution for FT Cboe Vest Gold Strategy Target Income ETF®

Retrieved on: 
Friday, May 28, 2021

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • Principal Risk Factors: The fund has characteristics unlike many other traditional investment products and may not be appropriate for all investors.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.
  • First Trust Advisors L.P. is registered as a commodity pool operator and commodity trading advisor and is also a member of the National Futures Association.

First Trust Advisors L.P. Announces Distribution for FT Cboe Vest Gold Strategy Target Income ETF®

Retrieved on: 
Wednesday, March 31, 2021

FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.

Key Points: 
  • FTA and its affiliate First Trust Portfolios L.P. ("FTP"), a FINRA registered broker-dealer, are privately-held companies that provide a variety of investment services.
  • Principal Risk Factors: The fund has characteristics unlike many other traditional investment products and may not be appropriate for all investors.
  • First Trust Advisors L.P. is an affiliate of First Trust Portfolios L.P., the fund's distributor.
  • First Trust Advisors L.P. is registered as a commodity pool operator and commodity trading advisor and is also a member of the National Futures Association.