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Finance & Markets

Former Andurand quant launches systematic trading firm Borel Capital

Adrien Chicot, a former quantitative researcher at Andurand Capital Management, has launched systematic trading firm Borel Capital and is recruiting 10 quantitative research interns to develop investment strategies across asset classes, according to a report by eFinancialCareers. Chicot, a graduate of France's École Polytechnique, has established the firm with an undisclosed amount of proprietary…

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Alpaca targets prime brokerage expansion amid tokenised stock growth

US brokerage technology firm Alpaca plans to launch a prime brokerage business in the first quarter of 2027, targeting growing demand from hedge funds and institutional investors trading across…

  • Alpaca plans to launch prime brokerage in Q1 2027
  • CEO Yoshi Yokokawa cites tokenized equities growth
  • Company manages $3.5B in US equities backing token products

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