The TRADE

OCTOBER 26, 2023

Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for Outstanding Non-Bank Electronic Liquidity Provider, showcasing excellence in liquidity provision outside of the traditional sphere. billion compared to € 2.8 billion the previous year.

Electronics 59

Electronics Trading Banking Bank 59

The TRADE

SEPTEMBER 26, 2023

RBC has appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team, The TRADE can reveal. James Hilton has been appointed multi-asset managing director in RBC’s low touch team, according to sources familiar with the matter.

Electronics 52

Electronics Sale Trading Equities 52

The TRADE

JULY 17, 2024

Royal London Asset Management’s (RLAM) trading team is no stranger to change. The London-based asset manager has undergone not one but three makeovers in recent years as it continues to evolve with the demands of the street. More recently though, RLAM’s trading team has undergone another revamp.

Asset Management 52

Asset Management Management Trading Equities 52

The TRADE

AUGUST 23, 2023

Asset managers have tapped fixed income, equities and exchange traded funds (ETFs) for their greatest market data spend over the next 12 months, according to a new Coalition Greenwich and SIX report published on 22 August. Sell-side firms are usually organised via region and buy-side firms more by business unit.

Asset Management 52

Asset Management Equities Management Trading 52

The TRADE

MAY 2, 2024

Appital Insights is now fully integrated with FactSet’s Portware execution management system (EMS), enabling the latter’s asset management clients to access Appital Insights liquidity easily within their EMS. They know that Appital Insights does not impact ‘on-screen’ prices and they retain full control of the order.”

Asset Management 69

Asset Management Portfolio Management Management Trading 69

The TRADE

DECEMBER 28, 2023

UBS shakes up execution services management team structure People moves are always one of our biggest draws in readership, and in October, UBS’ plans to make changes within its execution services business , specifically the electronic trading area, became one of most read stories of the year.

Asset Management 69

Asset Management Electronics Trading Equities 69

The TRADE

OCTOBER 26, 2023

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. The move has opened up swathes of synergy opportunities for the pure fixed income asset manager, with its traders now working directly alongside RBC BlueBay Asset Management’s equities desk.

Trading 98

Trading Asset Management Management Electronics 98

The TRADE

OCTOBER 2, 2023

Groupama Asset Management is set to expand its use of Virtu’s Triton Valor EMS to another asset class, now encompassing fixed income trading. It’s the key to success if we want to enhance the FICC market structure which has largely stayed the same for the last 50 years,” said Heleine.

Asset Management 59

Asset Management Trading Electronics Management 59

The TRADE

JANUARY 29, 2024

Hepsworth was appointed to the desk at the London-headquartered asset manager after spending the last four and a half years at MarketAxess in a facilitation trading role. She originally joined MarketAxess in 2019 as an operations analyst, moving into an analyst role in the fixed income venue’s Open Trading business a year later.

Asset Management 64

Asset Management Trading Sale Equities 64

The TRADE

SEPTEMBER 7, 2023

In July, The TRADE reported that James Kirk had joined the business as managing director, following an eight-year stint at Liquidnet, most recently as co-head of EMEA trading. He has also previously worked for Goldman Sachs. The post Tourmaline undergoes hiring surge as part of European expansion appeared first on The TRADE.

Trading 111

Trading Equities Asset Management Sale 111

The TRADE

OCTOBER 23, 2023

Asset manager Ninety One promoted from within for its new deputy global head of trading and head of trading for South Africa. He takes up the role after 26 years at the business. The post People Moves Monday: J O Hambro Capital Management, Ninety One, Credit Suisse and Capital Group appeared first on The TRADE.

Capital 64

Capital Management Asset Management Trading 64

The TRADE

MARCH 11, 2024

BNY Mellon made two key senior managing director hires into its fixed income and equity sales and trading businesses. Gould joined BNY Mellon after three years at RBC Capital Markets where she previously served as co-head of equities electronic sales and trading.

Equities 119

Equities Trading Sale Capital Market 119

The TRADE

JUNE 17, 2024

State Street selected one of its own to head up its global markets business for continental Europe. Start-up hedge fund Jain Global appointed a former Credit Suisse vice president and electronic sales trader to join its ranks on the trading desk ahead of its launch. All three additions join from the former Numis US business.

Trading 64

Trading Electronics Sale Banking 64

The TRADE

JANUARY 8, 2024

Industry stalwart Dan Hinxman joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. RBC BlueBay Asset Management equity trader, Michael Tamou, left the asset manager to join Qube Research & Technologies (QRT).

Asset Management 64

Asset Management Equities Investment Manager Sale 64

The TRADE

JUNE 9, 2023

Fixed income trading venue and data provider MarketAxess has expanded its integration with the Investortool platform for its municipal bond activity From now, MarketAxess’ offerings will be displayed on the Investortools Dealer Network (IDN) as it seeks to expand its electronic municipal trading.

Electronics 59

Electronics Trading Portfolio Management Portfolio 59

The TRADE

JUNE 19, 2023

BlackRock promoted Dean Catton to take the helm for its European credit business after spending the last two years as its head of European leveraged finance trading for its alternatives business. He also spent several years at Goldman Sachs in a risk management and product control role.

Sale 64

Sale Asset Management M&A Investment Banking 64

The TRADE

FEBRUARY 12, 2024

Former BlackRock Aladdin business development managing director for EMEA, Keith Viverito, joined Clearwater Analytics to support its global expansion plans. Viverito joined Clearwater as managing director for EMEA and will be responsible for strengthening the firm’s go to market strategy in the region and Asia Pacific.

Capital 64

Capital Sale Asset Management Electronics 64

The TRADE

DECEMBER 8, 2023

CIBC Mellon gives an example: “One imminent change to the prime brokerage business is the discontinued use of LIBOR in the US and CDOR in Canada. This is a timing problem which causes issues on T+1 if there are any trade discrepancies between the asset manager and the executing broker.

Broker 113

Broker Asset Management Trading Funds 113

The TRADE

MAY 24, 2024

We have seen a stabilisation of money flows in recent months, global funds are returning to the UK, while we continue to see outflows (mostly to US) of domestic asset managers. We all know it is very cheap and easy to trade electronically but you’re not necessarily fulfilling your liquidity obligations.

Bulge Bracket 52

Bulge Bracket Electronics Retail Trading 52

The TRADE

NOVEMBER 27, 2023

State Street’s asset management business State Street Global Advisors (SSGA) named Dublin-based Ann Prendergast head of EMEA. Arqaam confirmed that Shalabi will have a specific focus on enhancing the firm’s electronic trading capabilities as well.

Equities 64

Equities Trading Electronics Investment Banking 64

The TRADE

OCTOBER 27, 2023

There’s already a huge section of the asset management community and the asset servicing community, including Northern Trust, that are established in Singapore as large parts of their global operations.”

Trading 90

Trading Asset Management Management Investment Manager 90

The TRADE

DECEMBER 27, 2023

Information businesses will need to tightly align their data strategy with these client needs. You will also continue to see a push to modernise the loan market, whether through digitised loan data or electronic trading. Every asset manager is looking to rationalise its technology footprint and spend.

Trading 122

Trading Investment Engineering Asset Management 122

The TRADE

OCTOBER 25, 2024

Speaking to the rise of ATSs – thanks in large part to their established focus on execution quality above all else – one electronic trading head based in the US told Coalition Greenwich: “They solved for performance, now they just need to solve for liquidity”.

Trading 69

Trading Equities Broker Asset Management 69

The TRADE

NOVEMBER 6, 2023

Beginning her career at Dresdner Kleinwort Benson as director and head of portfolio sales trading in 1997, she later went on to spend six years at JP Morgan, initially as an executive director and head of execution sales responsible for electronic and portfolio trading and ETFs.

Trading 52

Trading Asset Management Equities Management 52

The TRADE

OCTOBER 27, 2023

The electronic trading platform enables participants to address challenges associated with accessing liquidity and executing efficiently. Following this, in June, the business launched BondGPT, an application powered by OpenAI GPT-4 which answers bond-related questions and helps users identify corporate bonds on the LTX platform.

Trading 59

Trading Management Book-building Electronics 59

The TRADE

OCTOBER 9, 2023

Beginning her career on the buy-side at boutique asset manager Credit Suisse First Boston as an investment portfolio analyst in London in 1986, Ruffles has seen the markets through several highs and lows. When I joined State Street in 2004, we were electronically trading then. “In A novel concept to greener traders.

Trading 64

Trading Electronics Portfolio IT 64

The TRADE

AUGUST 14, 2023

I’ve always worked in the asset management industry, starting my first job at 18 with Scottish Amicable Investment Management in Glasgow. From the banking team at Scot Asset Management, I moved firms in 1999 to take up a role in trade settlements. What has your journey to the trading desk been like?

Trading 52

Trading Asset Management Equities Electronics 52

The TRADE

JUNE 19, 2024

Given the reduced balance sheet offered by banks paired with the proliferation of higher frequency and electronic firms, Smith and du Plessis confirm that the buy-side need better tools to help them to compete and achieve their outcomes. While these may only be small lots, that’s valuable information. “If

Trading 64

Trading Book-building Asset Management IT 64

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. r8fin brings cutting-edge technology and a business that’s very much in Tradeweb’s wheelhouse.

Trading 64

Trading Acquisitions M&A Funds 64

The TRADE

SEPTEMBER 8, 2023

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.

Trading 59

Trading Asset Management Equities IT 59

The TRADE

OCTOBER 31, 2024

Finding fixed income After spending three months as a trading assistant intern at PPM America, Raymond landed his first permanent buy-side position, joining UBS Asset Management as an operations assistant in 2003. In his first role at LGIM, Raymond was responsible for overseeing its credit trading business out of the US.

Portfolio 52

Portfolio Trading Management Asset Management 52

The TRADE

APRIL 17, 2024

Global asset manager Robeco leverages a low touch and high touch trading team that spans across three continents. And, like most asset managers across the street, its global equity trading desk plays host to a variety of characters, each bringing their own individual string to the wider team’s bow.

Trading 59

Trading Equities Asset Management Portfolio Management 59

Software Equity Group

AUGUST 20, 2024

When the business models perfectly complement each other, the combined entity can achieve a more efficient and synergistic operation. a provider of practice management software for dental professionals in Canada; the March 2024 purchase for $15 million enterprise value (EV) of TDO Software Inc., It made four deals in 2023.

Investment 52

Investment Management Acquisitions Business 52

The TRADE

FEBRUARY 15, 2024

Recent trends highlight an increasing demand from asset managers, fast money, and quant funds, expediting the transition toward electronification in NDF markets,” says Patil. “As There isn’t that much liquidity so trying to trade it electronically over a platform is not as easy. You can move markets quite quickly.

Trading 52

Trading Book-building Asset Management Electronics 52

Software Equity Group

APRIL 24, 2024

As industrial businesses look ahead to better times, they’re accelerating their pursuit of digital transformation in manufacturing and Industry 4.0 Over the last decade, the industrial business landscape has undergone significant change, propelled by the push for digital transformation in manufacturing and the advent of Industry 4.0

Manufacturing 52

Manufacturing M&A Business Management 52

The TRADE

OCTOBER 9, 2024

She joined Ninety One in 2021 from Royal London Asset Management where she had been head of dealing for three years. When people have ownership in their function and they can see their contribution to the business, that really motivates them to make sure that they are constantly improving,” she explains. “In

Trading 59

Trading Bulge Bracket Asset Management Banking 59

The TRADE

OCTOBER 23, 2023

Technology is at the forefront of this movement and the electronification/automation of many parts of the execution function allow the human element of trading to be more focused on larger, more complex trades that carry greater risk and as the role of trading develops, into other areas of the overall asset management business.

Trading 64

Trading Portfolio Portfolio Management Management 64