The TRADE

JULY 18, 2024

The Green Impact Exchange (GIX) is on track to becoming the first sustainability-focused securities exchange in the US to file with the US Securities and Exchange Commission (SEC), and if approved, could begin operations in early 2025. It means your company is sincere in its motivation to follow through on those promises.

Trading 64

Trading Securities Accountant Capital Market 64

The TRADE

OCTOBER 2, 2024

FlexTrade and Propellant Digital have collaborated on actionable pre-trade insights for T.Rowe Price’s fixed income trading teams. Firstly, the continued electronification in fixed income and the need to handle increasingly sophisticated data sets have seen desks needing technology to handle their bond trading activities efficiently.

Trading 59

Trading Asset Management Collaboration M&A 59

The TRADE

JULY 10, 2024

In the first half of 2024, research budgets have increased both as a proportion of assets under management as well as in absolute terms, Substantive Research has found. As a proportion of assets managed, US budgets rose 15%, with European budgets up a more modestly by 4%.

Asset Management 72

Asset Management Broker Management Funds 72

The TRADE

MAY 28, 2024

Pending regulatory approval, the transaction is set to be completed in Q1 2025. Robert Swaak The acquisition is set to enhance the asset management segment of ABN AMRO’s business, as well as strengthening its wealth management and E&E (entrepreneur and enterprise) offerings.

Banking 59

Banking Bank Asset Management Management 59

The TRADE

JUNE 26, 2023

The post Cboe outlines why its clearing service for securities financing transactions will succeed where others have failed appeared first on The TRADE.

Finance 59

Finance Finance Securities IT 59

The TRADE

OCTOBER 19, 2023

The loan term will run until June 2025, with an option to extend by another year. Anthony Maarek, managing director of NJJ Holding – of which Rock is a subsidiary, said: “GAM is an important long-term strategic investment for NJJ, and we are committed with management to restoring the company to a best-in-class global asset management firm.

Profitability 59

Profitability Shares Investment Management 59

The TRADE

JULY 26, 2023

Net revenue for ‘fixed income, currency (FIC) sales and trading’ within the investment bank fell by 9% compared to the second quarter in 2022. Speaking to the future outlook following these results, Sewing said: “This puts us on a good track towards our 2025 financial targets.

Profitability 52

Profitability Banking Bank Investment Banking 52

The TRADE

MAY 23, 2024

Several European exchanges are well underway with plans to bring out offerings of this ilk in the next few months The TRADE understands, while a handful of US alternative trading systems (ATS) are also preparing to make the crossing over to the Bloc to replicate the progress they have achieved in the US.

Trading 52

Trading Investors Broker IT 52

The TRADE

JUNE 21, 2024

The current timeline for the UK appears to include a plan being put in place in 2025 with the implementation of a T+1 settlement cycle in UK occurring no later than 31 December 2027. When we proposed the rule in February 2022, only about two-thirds (68%) of transactions were being affirmed on trade day. Gensler said.

Trading 64

Trading Asset Management Management Securities 64

The TRADE

DECEMBER 20, 2024

Vikesh Patel, global head of clearing, president, Cboe Clear Europe There will be greater focus in 2025 on European competitiveness, with regulators needing to strike the right balance between fostering growth, competition and innovation in clearing on one hand and maintaining regulatory oversight and financial stability on the other.

Trading 59

Trading Equities Capital Investment 59

The TRADE

DECEMBER 9, 2024

Northern Trusts Integrated Trading Solutions (ITS) outsourced trading desk has confirmed that it is set to be supporting Stockholm-based fund company Avanza Fonder. As part of the development, Northern Trust will provide outsourced trading primarily for Avanza Fonders global, emerging market, European and US equity market index funds.

Trading 64

Trading Asset Management Funds Collaboration 64

The TRADE

NOVEMBER 21, 2024

Confirmation and authorisation of the new CTPs is expected to be in Q4 2025, with go live dates expected in 2026. TransFICC offers trading technology for fixed income, seeking to resolve market fragmentation and to deliver workflow efficiencies to banks and asset managers globally.

Trading 64

Trading Asset Management Bank Banking 64