Remove 2024 Remove Capital Market Remove Financial Market
article thumbnail

Leaders in Trading 2024: Industry Person of the Year shortlist revealed

The TRADE

The TRADE is delighted to announce the shortlisted nominees for the Industry Person of the Year Award 2024. Industry Person of the Year 2024 shortlist: James Baugh, managing director, head of European market structure, TD Cowen James Baugh is an industry stalwart, having worked in the financial markets for over 25 years.

Trading 98
article thumbnail

Qatar’s Edaa postpones T+2 switch until March

The TRADE

The Philippines went from T+3 to T+2 on 24 August 2023, while Mexico plans to move to T+1 next year, and other Caribbean and South American countries are pondering aligning with their regional counterparts.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CME Group expands Google Cloud partnership to launch new futures and options platform

The TRADE

According to the businesses the specialised platform for capital markets is an industry first, with development already underway beginning with customer testing in the Dallas Google Cloud region. Read more: As cloud adoption across the market continues to rise, is the shift of liquidity itself next to follow?

article thumbnail

LSEG sees double-digit growth across post-trade as exchange continues to reap benefits of acquisition push

The TRADE

The London Stock Exchange (LSEG) saw overall growth across its key businesses in 2023, with considerable improvement across data and analytics, capital markets, and in particular, post-trade. year-on-year increase, while capital markets saw a 6.1% In capital markets, the 6.1%

Trading 113
article thumbnail

EMSA to consider all possibilities for shortened settlement – including T0 – following industry feedback

The TRADE

If a decision to move to T+1 is made, it will be necessary to define an appropriate timetable that generates industry momentum and provides clarity to market participants.” ESMA stated that will publish and submit to the European Commission (EC) a feedback report with its main findings in the course of 2024.

Trading 119
article thumbnail

Bank of England and FCA to launch joint Digital Securities Sandbox

The TRADE

Examples of financial instruments which could be issued and traded in the DSS include equities, corporate and government bonds, and money market instruments. The closing date for responses is 29 May 2024. The DSS is expected to open applications in the summer of 2024.

article thumbnail

ESMA opens door for T+1 implementation in Europe

The TRADE

The regulator notes that any subsequent decision “needs to be based on a proper assessment of the costs and benefits that such a change would bring to all users of financial markets in the EU”. Commenting on the opening of the call for evidence, Pete Tomlison, director of post-trade at the Association for Financial Markets in Europe (AFME), said (..)

Trading 69