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Challenges for the buy-side and research providers become a reality as SEC allows ‘no-action’ research letter to lapse

The TRADE

The Securities and Exchange Commission (SEC) has allowed its no-action letter to the Securities Industry and Financial Markets Association (SIFMA), based on enforcements surrounding research services, to expire – reinforcing that it was not intended to be permanent solution. That bill is, however, not in effect.

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People Moves Monday: RBC, Tourmaline Partners, BlueX and more…

The TRADE

Elsewhere in his career, Chalkley served as a European government bond, inflation and absolute return fund manager at BlackRock. Tourmaline Partners hired three new seasoned financial markets executives as managing directors to help strengthen its global trading capabilities.

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Deutsche Bank quarterly profits fall despite 11% increase in net revenues

The TRADE

In the second quarter, Deutsche Bank’s asset management business DWS saw more than nine billion euros in net inflows, which were primarily in passive and alternative investment products, according to the business.

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Fireside Friday with… Unigestion’s Eric Champenois and Stephane Marie-Francoise

The TRADE

What are the key drivers behind asset managers’ move towards multi-asset trading and what benefit can this provide? Stephane Marie-Francoise Marie-Francoise: Everything starts with the desire from the investment team to develop a multi-asset class strategy offering. The impact can obviously vary depending on the context.

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Trading at the frontier

The TRADE

And sitting on its global trading desks are a pod of traders known for their ability to interact with some of the most inaccessible financial markets around the world. At the helm of the team is global head of trading Cathy Gibson who oversees trading across the asset manager’s offices in London, the US, Asia Pacific and South Africa.

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Keeping ESG commercial

The TRADE

Papanichola began his career at interdealer broker, GFI, however quickly realised the environment wasn’t the one for him. It was during this period that Papanichola set his sights on finding a more meaningful way of taking part in the financial markets. “We Interesting, lucrative, fun but highly unconventional,” he says.

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Leaders in Trading 2023: Meet the nominees for… Outstanding Exchange Group

The TRADE

Cboe Global Markets Cboe Global Markets makes another appearance in this award category shortlist for 2023, following its win at last year’s Leaders in Trading awards gala. The exchange has continued to drive innovation within financial markets by extending its remit through various product launches.

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