This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and assetmanagers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain.
Singapore-headquartered fund manager APS AssetManagement has adopted order and investment management technology solution, Bloomberg AIM, to automate its post-trade workflows. The post Bloomberg AIM adopted by APS AssetManagement to automate post-trade workflows appeared first on The TRADE.
State Street Global Advisors and Galaxy AssetManagement have unveiled a new collaboration aimed at bringing investors digital asset-based strategies, offering key exposure to companies involved in the digital asset space. trillion digital asset landscape through manager-directed strategies. “We
Sumitomo Mitsui Trust AssetManagement has adopted DTCC’s Institutional Trade Processing (ITP) suite of services in a bid to enhance its offering as the US shift to a T+1 settlement cycle fast-approaches, scheduled for 28 May. We are happy to collaborate with the wider industry to bring accelerated settlement to our clients.”
Historically, monitoring corporate actions has been a highly labour-intensive process, costing the back-office departments of assetmanagers and investment banks significant time and money.
Yann Bloch, VP Product Management at NeoXam, emphasises the transformative potential of AI and NLP in unlocking the full value of private market ESG data.
Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the assetmanagement firm, as revealed by The TRADE. Poilvet-Clédière brings over 15 years’ experience in financialmarkets to the role.
05, 2024 (GLOBE NEWSWIRE) -- Alpha FinancialMarkets Consulting (“Alpha”), a leading global provider of specialist consulting services to the financial services industry, has acquired White Marble Consulting (“White Marble”), a specialist marketing consultancy firm to assetmanagement, wealth management and alternatives clients.
Outsourced trading solutions firm, Tourmaline Partners, has hired three new seasoned financialmarkets executives as managing directors to help strengthen its global trading capabilities, The TRADE can reveal.
“We have always focused on applying technology to make financialmarkets more efficient and we’re looking forward to working with Turquoise, the buy- and sell-side members of the Plato group to bring solutions to the industry’s most difficult challenges.”
In the ever-evolving landscape of financialmarkets, the emergence of digital assets has resulted in a paradigm shift as conventional notions have been challenged and new players have emerged along with a reshaping of the way in which financial systems are perceived and interacted with.
As ESMA’s review of European Union’s post-trade transparency regime enters its final stage, European trade associations have stressed the importance of credit ratings in underpinning the success of the EU post-trade transparency framework for corporate bonds.
“As part of our mission to improve markets, we proactively seek to share our knowledge and expertise as a way of driving progress throughout our industry,” said Jan Boomaars, chief executive of Optiver. “A
One of the stories of the financial crisis is that the bankers that ran big institutions, who had billions entrusted to them, and who projected the air of masters of the universe were in fact buffoons incompetent at anything other than organising their own bonus. Financial innovation is often bad credit made to look good.
Prior to joining LCH, Robinson held roles within JP Morgan’s investment banking and assetmanagement divisions and the Commonwealth Bank of Australia’s financialmarkets division. The post LCH SA names new head of CDSClear and head of DigitalAssetClear appeared first on The TRADE.
. “We are delighted to continue working alongside Cboe Global Markets, realising our mutual commitment to enable new asset innovation in financialmarkets,” said Fiona Bassett, chief executive of FTSE Russell.
Alongside his various equities roles within the market, Jackson has previously been co-chair of the FIX committee for EMEA, an advisor to the UK Government office for science on the future of computer trading in financialmarkets and a founding member of the OpenTCA initiative to promote transparency and standards in transaction cost analysis (TCA).
Lastly, as active management becomes more relevant again, so too the impact a buy-side trader can have on the investment process; gone are the days of execution only dealers. In Q3-Q4 of 2023, there was an emphasis on the cost of collateral and the strategies firms use to efficiently utilise their asset portfolios for collateral purposes.
EU assetmanagers, banks and brokers are urging policy markets not to succumb to pressure that could potentially lead to suboptimal outcomes in the Markets in Financial Instruments Directive (Mifid/r) review.
Innovation across the whole financialmarket is a matter of fact with its impact perceived across asset classes. How do you expect the global macro environment to continue to impact the FX liquidity landscape?
Over the past two decades, several critical financialmarket regulations have been implemented globally, particularly in response to the 2008 Global Financial Crisis (GFC). The years following 2008’s GFC experienced continued financial regulatory reform.
Prior to joining LCH, Robinson held roles within JP Morgan’s investment banking and assetmanagement divisions and the Commonwealth Bank of Australia’s financialmarkets division. Before that, he was chief operating officer and director of business change at SwapClear.
Balraj Bassi, co-founder and chief executive officer, Tradefeedr Data analytics in financialmarkets has reached the point where clients have access to complete global data sets, and we see 2024 as the year where this will drive change in how counterparties interact and in automating trading workflows.
The Securities and Exchange Commission (SEC) has allowed its no-action letter to the Securities Industry and FinancialMarkets 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.
RBC BlueBay AssetManagement The market is already pricing in rate cuts in Q1 although I, along with many others, don’t believe they will begin before the end of H1. The bond consolidated tapes and revised transparency frameworks will do this by opening up fixed income markets to new competitors and innovation.
Capital markets firms will have to work harder to meet new AI talent demands. There’s a skills gap in the financialmarket for new roles like AI quality assurance testers, prompt engineers, AI strategy consultants, and AI product managers. How are industry players adapting to AI developments?
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 financialmarkets executives as managing directors to help strengthen its global trading capabilities.
Speaking to The TRADE, Oksana Pidkuyko, managing director, head of client analytics, financialmarkets at Standard Chartered stressed the potential positives of this increased volatility, stating that – if handled correctly – the changing landscape could bring potential benefits.
In the second quarter, Deutsche Bank’s assetmanagement business DWS saw more than nine billion euros in net inflows, which were primarily in passive and alternative investment products, according to the business.
What are the key drivers behind assetmanagers’ 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.
Speaking to The TRADE, Timothee Consigny, chief technology officer at H2O AssetManagement, asserts that there is a definite place for artificial intelligence within capital markets and the time for adoption is now. “[Gen-AI]
How impactful could Generative AI be in financialmarkets? 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.
And sitting on its global trading desks are a pod of traders known for their ability to interact with some of the most inaccessible financialmarkets around the world. At the helm of the team is global head of trading Cathy Gibson who oversees trading across the assetmanager’s offices in London, the US, Asia Pacific and South Africa.
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 financialmarkets by extending its remit through various product launches.
For example, if trades head into the US close, non-US assetmanagers could be left with a tiny window to get an equity trade matched and FX trade generated and then executed into the market. Alternatively, desks have the option to outsource FX all together.
The buy-side are “aware and worried” as the US shift to T+1 looms closer and the testing phase begins globally, a panel held by the Association for FinancialMarkets in Europe (AFME) has said. Panellists raised concerns over FX, settlement fails, and potential regulatory hurdles during the webinar held by AFME on 27 June.
There is some overlap because at the large banks, wealth management clients often get early/privileged access to investment banking products, such as upcoming IPOs, equity/debt offerings, or new investment products. One final note is that in wealth management, there’s a split between relationship managers and investment professionals.
It was during this period that Papanichola set his sights on finding a more meaningful way of taking part in the financialmarkets. “We Being involved in this type of investing, we genuinely add value to financialmarkets.
Traditionally, pre-MiFID II, our institutional segment clients were primarily assetmanagers, central banks and other real money-type players. Looking at Tradeweb’s initiatives and partnerships this year, which has been the most impactful for markets? Our philosophy is to try and link markets as they become electronified.
While fingers of blame are being pointed in each direction, the bottom line is assetmanagers are now facing operational challenges, the notion of pre-funding trades and balancing settlement security with best execution obligations. One of the biggest talking points for assetmanagers and their custodians is liquidity.
On the other hand, foreign exchange – the largest financialmarket in the world – benefits from the fact that trading is not limited to one central location but is instead conducted between participants by phone and electronic communication networks (ECNs) in a wide range of markets globally.
Citadel Securities Needing little introduction, Citadel Securities, is one of the largest market makers in US Treasuries and USD interest rate swaps globally, and serves an extensive list of financial institutions, including: banks, assetmanagers, pension funds, hedge funds, central banks, and sovereign wealth fund.
Anna Nordstrom, head of the domestic and international markets functions in the markets group at Deferral Reserve Bank of New York, shared that the current reach of the FX global code extended to 1300 entities – including the top 15 assetmanagers globally.
For assetmanagers, maintaining quality execution expertise in this changing landscape will be critical for sustained fund performance. As investors continue to seek greater exposure to digital assets, emerging technologies such as blockchain could further drive electronification across newer adjacent markets.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content