The TRADE

MARCH 5, 2024

When it comes to selecting an algo provider, ease of system use, reliability and quality of technical support was the top consideration for asset managers across both sides of the Channel in 2023 – 71% in the UK and 73% in Continental Europe – according to a Coalition Greenwich report.

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Broker IT Electronics Trading 121

The TRADE

NOVEMBER 9, 2023

Running for its ninth year, the Rising Stars initiative, in partnership with Instinet, has recognised a number of up-and-coming talents over the years, many of whom have gone on to hold impressive roles and head up some of the largest and most successful desks across the world’s leading asset managers and hedge funds.

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The TRADE

APRIL 8, 2024

He joined Cowen as managing director for fixed income outsourcing in February 2022, transitioning to commodities specialist Marex as part of the sale of Cowen’s outsourced trading and prime brokerage business at the end of last year. He has also held senior roles at Martin International Securities and Tullet & Tokyo Securities.

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Trading Asset Management Sale Investment Banking 64

The TRADE

JULY 19, 2024

What is driving the purported ‘comeback’ of traditional asset managers? To start, it is interesting to look at the transition of market conditions from 2022 to today. In 2022, the market saw the highest sustained real price volatility since the Great Financial Crises.

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Asset Management Retail Trading Management 64

The TRADE

JULY 15, 2024

Most recently, he served as equity and derivatives trader, vice president at SSGA, focused on the EMEA region, having joined the desk in December 2016. He also previously served as managing director at both American Express Bank International and Deutsche Bank, Argentina. Following his departure he is set to join Barclays Capital.

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Asset Management Management Trading Sale 64

The TRADE

JANUARY 29, 2024

Bradley left LSEG in November 2022, after nearly six years, most recently serving as head of sales and platform distribution for securities trading. Elsewhere, Sherlock most recently served in a European equity sales role since 2021. The pair will lead the ATS’ push into Europe, co-heading its European Franchise.

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The TRADE

DECEMBER 27, 2023

billion acquisition of Cowen in March – following an initial announcement in August 2022. The plan was to create an integrated North American dealer to significantly advance its growth strategy in the region, specifically through the addition of Cowen’s US equities sales trading, execution, and research offering.

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Acquisitions Trading Mergers and Acquisitions Capital Market 110

The TRADE

JULY 18, 2023

Bank of America has reported a strong second quarter and first half of the year overall, despite its global wealth and investment management total revenue decreasing 4% to $5.2 billion due to lower average equity and fixed income market levels. Overall, the bank’s total revenue was up 11% from Q2 2022 at $25.2

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Trading Banking Bank Sale 52

The TRADE

FEBRUARY 26, 2024

Atkins joined Redburn Atlantic in 2004 as a sales trader having previously served for eight years at Morgan Grenfell and two years at Marathon Asset Management. Tony Atkins Tony Atkins has been appointed UK head of sales trading.

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The TRADE

JANUARY 18, 2024

Derivatives exchange Eurex will expand its equity-index linked product suite with futures on Socially Responsible Investing (SRI) indices. Our offering will certainly appeal to new user groups that have stricter ESG mandates and need to invest responsibly, such as asset managers who invest on behalf of endowment funds or foundations.”

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Investment Risk Management Asset Management Trading 59

The TRADE

SEPTEMBER 30, 2024

Since joining he has served in a number of roles across FX, commodities, local markets and global credit, rising through the ranks to his most recent role as global co-head of global macro and global credit in 2022. Holmes joined Kepler in 2019 having previously served in equity sales trading roles at Sanford C.

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Trading Sale Equities Asset Management 64

The TRADE

JULY 1, 2024

Griffin originally joined Kepler in 2016 as its head of portfolio and electronic sales trading, later assuming his most recent role as head of market structure and liquidity solutions in 2022. Before that, he served as vice president and relationship manager for JP Morgan’s priority asset manager clients.

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Banking Bank Sale Trading 64

The TRADE

AUGUST 12, 2024

Byron Griffin had been with Kepler for eight and a half years, assuming the role of head of market structure and liquidity solutions in 2022. His new role will see Robert take charge of the firm’s market structure content and “provide key regulatory insights to assist clients in navigating the complexities of the equities trading ecosystem”.

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Equities Asset Management Trading Sale 52

The TRADE

JUNE 26, 2024

Elsewhere, on the asset management side, speaking to The TRADE earlier this year, Kendell James, multi-asset trader at Federated Hermes, labelled broker differentiation as the biggest roadblock when it comes to algo adoption. This was up from 5.89 in 2023 – which declined from 6.00

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Funds Trading Broker Consulting 114

The TRADE

FEBRUARY 12, 2024

Greg Finke joined the boutique asset manager after just over a year at Rothschild & Co as a senior investment dealer covering equities. Prior to joining Rothschild in January 2023, Finke spent nearly five years at Marathon Asset Management as a global equity trader covering equities and FX.

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Capital Sale Asset Management Management 64

The TRADE

NOVEMBER 6, 2023

Eleanor Beasley, chief operating officer for EMEA equity execution services, Goldman Sachs Chief operating officer of EMEA equity execution services, Eleanor Beasley, joined Goldman Sachs to manage its new-look market structure team in 2019. He is also responsible for Liquidnet’s equity product strategy.

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Trading Asset Management Equities Management 52

The TRADE

DECEMBER 4, 2023

He re-joined the agency only broker-dealer after also previously serving as a director for almost three years from 2019 to 2022. Previously in his career, McMahon worked as a centralised dealer at Bank of Ireland Asset Management, working on the multi-asset global trading desk.

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Capital Market Broker Asset Management Trading 64

Peak Frameworks

JANUARY 15, 2024

If you're interested in breaking into finance, check out our , Private Equity Course and , Investment Banking Course , which help thousands of candidates land top jobs every year. Laurier is one of the few schools that sends students directly into asset management and Canadian hedge funds. or at the most elite firms (e.g.,

Investment Banking 52

Investment Banking Banking Bank Investment 52

The TRADE

JULY 26, 2023

billion post-tax profit for the first half of 2023, a decrease of 9% compared to Q2 2022 and a 7% fall for the overall half of the year, attributing the fall to higher tax rates. Despite overall profits in some areas of the bank, the investment bank revenues fell by 11% in the second quarter compared to the Q2 2022 results.

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Profitability Banking Bank Investment Banking 52

The TRADE

JANUARY 17, 2024

Up against other individuals from Invesco, Liontrust Asset Management, Baillie Gifford and State Street Global Advisors (SSGA), Nutting took home the award after an industry-wide vote. Nutting has been with Millennium for over four years and was promoted to senior trader in February 2022. What drew you to trading?

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Trading Portfolio Management Management Broker 111

The Deal

MAY 2, 2023

The process is expected to attract private equity and strategic interest, with one source noting there were several bidders interested in the fumigation and agriculture chemicals business of Douglas Products during a 2021 auction process run by Evercore that came before Altamont broke off Duke’s Root.

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Private Equity Sale Capital Asset Management 52

The TRADE

AUGUST 11, 2023

On Monday 7 August, Aquis Exchange announced plans to expand its block crossing remit with a minority stake in US-based equities block trading start-up OptimX. Pragma is an algorithmic trading and analytical services provider across equities, foreign exchange and fixed income.

M&A 52

M&A Trading Mergers and Acquisitions Asset Management 52

The TRADE

DECEMBER 29, 2023

As the use of data increases, we also see increased demand for data networks supporting multiple asset classes. Tradefeedr’s initial focus was FX, and in response to client requests we will launch equities and futures in 2024.

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Trading S&P Asset Management Collaboration 64

The TRADE

OCTOBER 24, 2023

The pan-European central counterparty (CCP) has approval to clear cash equities, depositary receipts, ETFs, and equity derivatives (index futures and options). Its overall market share for cash equities clearing was 34% in the first half of 2023, an year-on-year increase from 2022.

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Trading Risk Management Equities Management 59

Peak Frameworks

AUGUST 16, 2023

Of note, Cox has a dedicated Alternative Asset Management Program , which is a consistent feeder into great finance and investing jobs. The Alternative Asset Management program exposes students to industry speakers and practical investing classes. We filtered the data to examine U.S. hires into the top investment banks.

Investment Banking 40

Investment Banking Banking Bank Investment 40

Mergers and Inquisitions

DECEMBER 6, 2023

Pair Trades: To achieve this market neutrality, trades are usually paired so that if you long one company in your universe, you’ll short another company, and the gains come from the spread (more on long/short equity ). Maximum Drawdown Limits: Because the multi-manager hedge funds are highly leveraged , they do not tolerate drawdowns.

Funds 104

Funds Management Recruitment Portfolio 104

The TRADE

OCTOBER 19, 2023

In 2022, CME Group saw a record year for its exchange-listed foreign exchange products, which was followed by a record day for its FX suite of products in March this year, trading $296 billion notional in one day across over three million contracts.

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Trading Asset Management Bank Banking 59

The TRADE

NOVEMBER 2, 2023

The aftermath of 2022’s high volatility – which peaked in Q4 – has led firms to increase the degree to which they hedge, with the market acutely aware of the persistent threat of significant geopolitical situations across the globe.

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Trading Funds Management Corporation 102

The Deal

JULY 18, 2023

” Liquidity Crunch A $400 million credit facility that would have likely been executed by a single creditor or a two-lender club in the first half of 2022 might require between four and six parties to complete the transaction in today’s market. . “They know they have the advantage.” times, according to data from Configure.

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Debt Finance Finance Private Equity 52

The TRADE

NOVEMBER 30, 2023

Pragma provides algorithmic trading and analytical services across equities, foreign exchange and fixed income with a client base that spans asset managers, hedge funds, broker dealers, banks and exchanges.

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Trading Acquisitions M&A Funds 64

The TRADE

JANUARY 3, 2024

The narrative of the service being used solely by smaller hedge funds has been replaced by suggestions that outsourced trading is gathering pace among larger fund managers. Coalition Greenwich points out that from 2018 to 2022 the number of outsourced trading providers grew from fewer than 10 to more than 40. The list goes on.

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Trading Asset Management M&A Broker 64

The TRADE

AUGUST 14, 2023

The period is seen as critical for an industry still struggling to comprehend the far-reaching changes which will occur once the settlement cycle is shortened for US equities. Testing for T+1 will commence from today and run until the implementation date at the end of May 2024.

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Trading Asset Management Sale Corporation 52

Solganick & Co.

SEPTEMBER 2, 2024

February 2024: As part of the aftershocks of Broadcom’s $69 billion acquisition of virtualization giant VMware in 2023, private equity firm KKR announced a deal to buy VMware’s End User Computing business for approximately $4 billion. The company went public in 2021 but was reportedly in acquisition talks with Thoma Bravo as early as 2022.

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Mergers and Acquisitions Acquisitions Mergers M&A 52

Software Equity Group

APRIL 24, 2024

However, private equity buyers have surged forward over the past two years, accounting for 54% in 2022 and 63% in 2023. A few examples include: In 2022, Siemens acquired Brightly Software (formerly Dude Solutions), which provides enterprise asset management and facility operations management SaaS.

Manufacturing 52

Manufacturing M&A Business Management 52

The TRADE

OCTOBER 18, 2023

The London Stock Exchange Group (LSEG) LSEG re-joins this award category – after also being nominated at Leaders in Trading 2022 – following the announcement of several new initiatives and expanded partnerships in 2023. Most recently, Catherine Clay was promoted to the role of global head of derivatives.

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The TRADE

NOVEMBER 2, 2023

SIX Swiss Exchange SIX Swiss Exchange launched a new functionality to protect asset managers from market impact when executing large orders at the Close, in April. In H1 2023, over €53 million (single) were executed on Turquoise Plato Trade at Last, 47% higher than the total value traded in the whole of 2022.

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Trading Stock IT Asset Management 64

The TRADE

OCTOBER 25, 2023

BMLL Technologies BMLL provides its clients – banks, brokers, asset managers, hedge funds, global exchange groups, academic institutions and regulators immediate and flexible access to Level 3, harmonised, T+1 historical order book data and advanced pre- and post-trade analytics at scale.

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