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The TRADE’s most read stories of the year part three: Regulation, consolidation and resignation

The TRADE

Perpetual merges regional asset management businesses under one global umbrella At number two in our most read stories series, we have the announcement that Perpetual Group had merged its regional assets management businesses to form one global division in August.

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

Commercial Banks: These cater to businesses, providing loans, treasury, and cash management services. Investment Banks: Institutions like Goldman Sachs and J.P. Trading and Proprietary Trading Many large banks are involved in trading activities. Take UBS's Wealth Management division.

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Keeping ESG commercial

The TRADE

It was then that he moved onto the proprietary trading desk at the bank, mentored by former head trader at Moore Capital, Joe Cardello, and Jim Byrd, global head of macro trading at RBC. “My My key takeaway from those guys was that the core foundation of trading isn’t about buying and selling. “It

Trading 59
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Inside the FX cut-off conundrum sparking animosity between the buy-side, CLS and custodians as T+1 looms

The TRADE

While fingers of blame are being pointed in each direction, the bottom line is asset managers 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 asset managers and their custodians is liquidity.

Trading 64
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Outsourced trading: Easy to do, difficult to get right

The TRADE

Buy-side heads of trading at this year’s TradeTech Europe conference explained that while of course “there will be cases for outsourcing” there are certain aspects of the trading process which are inherently convoluted and thus difficult to execute. It is for this reason that only the most dedicated providers are set to reap success.

Trading 59
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The changing role of the buy-side in fixed income price making

The TRADE

“There’s been an increase in the willingness and ability to leave latent liquidity in the marketplace to try to get things done in a slightly different way,” explains head of trading at Jupiter Asset Management, Mike Poole. “I I don’t yet see an increase in confidence around the price at which larger size will clear.

Trading 59
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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

New rules have impacted almost every financial firm, ranging from banks to asset managers. The importance of these rules can be linked to the reshaping of the regulatory environment and ultimately creating a more robust trading environment and promoting investor confidence.