The TRADE

JULY 3, 2024

The shift to T+1 in the US can largely be described as a success – affirmation rates remain comfortably high, fail rates have stayed reasonably low and FX trades don’t appear to have shifted to bilateral settlement as feared. Jim Goldie “The impact on a Thursday is that brokers need to fund for another three days.

Trading 57

Trading Broker Funds Investment Manager 57

The TRADE

JUNE 21, 2024

When we proposed the rule in February 2022, only about two-thirds (68%) of transactions were being affirmed on trade day. I don’t suspect you will follow the timing of Argentina or Jamaica. Currently, currency markets settle in T+2, but if major markets in North America and Asia move to T+1, it could be beneficial.

Trading 62

Trading Asset Management Management Securities 62

The TRADE

JANUARY 2, 2024

Eric Heliene, head of buy-side trading desk, Groupama Asset Management  The intensification of financial regulation is a fundamental trend transforming the asset management ecosystem.  While the EU has agreed to a real-time pre- and post-trade consolidated tape (CT) for equities – the devil will be in the detail.

Trading 62

Trading Asset Management Equities Retail 62

The TRADE

JULY 17, 2024

Royal London Asset Management’s (RLAM) trading team is no stranger to change. Brought in to set up the firm’s fixed income desk was current head of trading and execution analytics, Kevin Flood, who joined RLAM with an extensive trading career previously under his belt, having already served for 15 years at Deutsche Bank.

Asset Management 52

Asset Management Management Trading Equities 52

The TRADE

JULY 6, 2023

Wholesales were found to have increased their consumption of flow from retail brokers. Last week, the European Council and Parliament introduced a “general ban” on PFOF, with temporary exemptions for member states where firms currently use the practice until June 2026.

Retail 62

Retail Portfolio Management Equities Broker 62