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Athina Trika Speaking to The TRADE, Athina Trika, CFA, execution sales at Kepler Cheuvreux, explained: “KCx’s Analytical Suite is a significant step toward increased transparency, opening up a broad prospect of opportunities for flexible and agile data sharing.
Blair Hawthorne The Portware platform, utilised globally by buy-side traders, is an advanced, multi-asset EMS providing access to diverse market participants and liquidity destinations. The post FactSet FX trading platform to integrate LoopFX appeared first on The TRADE.
Unifi AssetManagement has expanded its team with the addition of two New-York based traders. While at GIC, Koh held several senior fixed income trading positions, most recently serving as senior vice president. He joins the assetmanager from JP Morgan where he spent nearly two years as a credit derivatives strategist.
Market participants need global data-driven content to enhance their own products and gain deeper understanding of market shifts and liquidity dynamics, and to identify opportunities for better trading outcomes. Crucially, they need their data to be ready for use without the burden of data engineering and infrastructure on their P&L.
As part of a major scheme from the Monetary Authority of Singapore (MAS) to develop the region as a global FX trading hub, several large banks over the last few years agreed to develop FX pricing and tradingengines in Singapore, in partnership with MAS.
Nasdaq European Markets selected Matteo Balladori, former head of European business development at Citadel Securities, to join the venue as a senior sales director, The TRADE revealed. In his new role, Kovach is set to be based out of New York and leverage his experience in electronic trading solutions.
This major project, which would drive our growth over the long-term, would represent a powerful engine of growth for our Group.” By joining forces with BNP Paribas, AXA IM would become a global assetmanager with a wider product offering and a mutual objective to further their leading position in responsible investing.”
BlackRock has selected a former FlexTrade order management system pre-sales specialist for a solutions engineering role on its flagship Aladdin platform. Grasso joined FlexTrade last year after three and a half years at Bloomberg, also with a buy-side OMS focus, most recently serving as an account manager for its AIM solution.
Acadian AssetManagement appointed Jian Du vice president, senior trader in its Sydney office. Du joined the assetmanager from Goldman Sachs, where he most recently served as executive director of electronic trading, also based in Sydney. Elsewhere in his tenure at Dimensional, he served as an analyst.
The past year has seen vast improvement across the algorithmic trading space when it came to hedge funds’ strategies, new data from The TRADE has found. The TRADE received a record number of responses to this year’s Algorithmic Trading Survey. The survey is accessible here.
Outsourced trading, though undoubtedly a contentious topic, is something that has been around in capital markets for decades in some form or another. However, an undeniable surge has occurred across the trading sphere over the last few years, with decidedly mixed results. And the number is climbing.
The world of trading, and investment generally, is littered with the remnants of now-redundant solutions once thought to be the ‘future’ of the industry. But what does the persistent evolution of AI mean for capital markets specifically? A reminder perhaps that caution is our best friend when it comes to technological innovation.
Around-the-clock (24/7) trading is something we already see in the foreign exchange markets and the growing cryptocurrency landscape. Some exchanges do offer pre-market and after-hours trading sessions, where limited trading activity occurs outside regular trading hours. Already in EMEA, we have six valid trading days.
Paul Humphrey The collaboration will combine BMLL’s historical Level 1, 2 and 3 data with Quanthouse’s real-time service in a bid to allow hedge funds and assetmanagers to better understand market behaviours and test their investment strategies.
Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for the Outstanding Market Data Provider category, shining a light on those displaying recent excellence in the data sphere.
BlackRock selected a former FlexTrade order management system pre-sales specialist for a solutions engineering role on its flagship Aladdin platform. Grasso joined FlexTrade last year after three and a half years at Bloomberg, also with a buy-side OMS focus, most recently serving as an account manager for its AIM solution.
The partnership is set to include execution venues, precise market data and trade analytics, with Cürex’s bank and buy-side relationships complementing the existing institutional client base of LMAX Group’s FX business. The post LMAX Group to acquire Cürex’s FX business in institutional push appeared first on The TRADE.
Interoperability and improvements through partnerships were championed by speakers including buy-sider Jon Tricker, head trader, global credit at Vanguard who confirmed the investment manager was leveraging the “maturing API community” to expand its systems. You don’t need your own lab.
As part of the acquisition, Bryan Messer has been appointed general manager of Asia Pacific, managing director of portfolio management solutions and artificial intelligence at LiquidityBook, with his staff also joining. In addition, the accounting and reconciliation engines of Messer Financial Software will be integrated.
If you would like a leg up in the recruiting process, consider pursuing courses that focus on finance, accounting, statistics, mathematics, engineering, and economics. Investment banking hiring managers are looking for students who have high GPAs for what they signal about the candidate.
Speaking broadly, the prioritisation or the key focus more recently has been on the emergence of pre-trade TCA. Where post-trade TCA is generally a well-known concept and widely adopted where needed, the pre-trade question is one which is now coming into the fore. with the ultimate intention of improving outcomes post-trade.
At a headline level, a shift to T+1 doesn’t immediately sound the alarm bells for FX markets, given a large portion of funding FX is already traded this way. Another key question though, is if we can access the liquidity we need to get the trade done – at what sort of spreads will this be?
Traditionally, banks gave away equity research reports for free to incentivize large clients to trade with the bank. Therefore, equity research generated revenue indirectly via trading commissions , but it was still considered a front-office role due to the compensation, interaction with managers and investors, and exit opportunities.
Gen-AI is far more than just a trendy term; if you stop to consider it, it’s akin to a significant technological revolution, comparable in magnitude to the advent of the steam engine, electricity, computers, or the internet. The post Fireside Friday with… H2O AssetManagement’s Timothee Consigny appeared first on The TRADE.
There’s a skills gap in the financial market for new roles like AI quality assurance testers, prompt engineers, AI strategy consultants, and AI product managers. The post Fireside Friday with… Google’s Rohit Bhat appeared first on The TRADE. Capital markets firms will have to work harder to meet new AI talent demands.
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.
Alan Martin Lucero, Gregory Armon-Jones Specifically, the speakers claimed two sides of a coin – either that the traders of the future will speak the language of software engineering first and foremost (Lucero) or that coding skills will be irrelevant as AI solutions will fill that need and traders will go back to the phones (Armon-Jones).
Whats spurring the rapidly evolving electronic trading landscape and what are the implications of this growing demand for automated trading solutions? Electronic trading is like Amazon, or the iPhone, or the internal combustion engine: it’s the story of technolog y writ large, applied to trading.
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