The TRADE

OCTOBER 1, 2024

“Following this acquisition and that of Cürex last year, we now have a compelling proposition for asset managers and other buy-side participants in addition to serving our core bank, broker and proprietary trading firm segments.” LMAX Group and FX HedgePool are focused on providing greater transparency, efficiency and fairness across the FX ecosystem (..)

Proprietary Trading 59

Proprietary Trading Trading Asset Management Acquisitions 59

The TRADE

SEPTEMBER 1, 2023

Speaking to The TRADE about this correlation between less predictable markets and a move towards volatility trading, Arik Reiss, former co-head of global equity derivatives research at Bank of America Merrill Lynch, stressed the fact that “volatility trading is more reliable in more variable conditions.”

Trading 59

Trading IT Equities Banking 59

The TRADE

DECEMBER 29, 2023

Previously in his career, he served as president and chief executive of TD Ameritrade Holding Corporation for eight years and as vice chairman of TD Bank Financial Group. Tomcyzyk assumed the role of chief executive officer after four years on Cboe’s board.

Asset Management 111

Asset Management Management Broker Trading 111

The TRADE

SEPTEMBER 20, 2024

The lessons learnt from past financial stress conditions and crises, particularly those involving non-bank market participants, have driven these changes. This is done to increase oversight of Proprietary Trading Firms (PTFs), which play a significant role in providing liquidity in the US Treasury market.

Trading 64

Trading Risk Management Proprietary Trading Management 64

The TRADE

MAY 1, 2024

Joining the industry after graduating from business school at the age of 20, Papanichola has an impressive track record that spans across five hedge funds and two banks. My key takeaway from those guys was that the core foundation of trading isn’t about buying and selling.

Trading 59

Trading Capital Funds Investment 59

The TRADE

FEBRUARY 21, 2024

I have also worked on different types of trading desks ranging from full-franchise to proprietary trading. The entire world was shaken and I recall the CEO was standing behind me as the market opened and the phone board lit up with other banks calling for a price. I have seen many significant moments in history.

Trading 52

Trading Proprietary Trading Equities Management 52

The TRADE

MAY 24, 2024

“[We’re] not surprised but disappointed at the way the buy-side concerns appear to have been trivialised,” Adam Conn, head of trading at Baillie Gifford, tells The TRADE. “ The best practise we’ve seen from custodian banks has been to move their cut off time to 5:45 PM ET. I’m not seeing it yet.

Trading 64

Trading Asset Management IT Funds 64

The TRADE

DECEMBER 5, 2024

The lessons learnt from past financial stress conditions and crises, particularly those involving non-bank market participants, have driven these changes. PTFs, which trade using their own capital rather than on behalf of clients, will now be required to register as dealers with both the SEC and FINRA.

Trading 59

Trading Risk Management Portfolio Broker 59

The TRADE

SEPTEMBER 28, 2023

We have to be careful also because if the transparency regime is causing damage by information leakage too soon in a cycle, it will affect banks’ appetite to take on risk positions if they don’t feel that they’re protected enough. There’s a trade-off to it as well,” says Gibson. It’s catch-22.

Trading 59

Trading Book-building Asset Management IT 59

The TRADE

APRIL 30, 2024

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.

Financial Institution 69

Financial Institution Financial Market Risk Management Banking 69

The TRADE

OCTOBER 19, 2023

In 2022, CME Group saw a record year for its exchange-listed foreign exchange products, which was followed by a record day for its FX suite of products in March this year, trading $296 billion notional in one day across over three million contracts.

Trading 59

Trading Asset Management Banking Bank 59

The TRADE

OCTOBER 24, 2024

For more information on the various providers in the EMS market, check out The TRADE’s annual survey. Bloomberg Terminal Up next and needing little introduction is the Bloomberg Terminal, Bloomberg’s data and proprietary trading platform. They’re an alternative venue to the lit order books hosted by exchanges.

Trading 120

Trading Investors IT S&P 120

The TRADE

DECEMBER 6, 2024

The banks and proprietary trading firms who are ready to go have more than 40% of the market share on Xetra today, and we also have some more in the pipeline that are interested and in preparation. we allowed time for everyone to get prepared.

Book-building 59

Book-building Trading IT Proprietary Trading 59

The TRADE

DECEMBER 27, 2024

The proprietary systems that once gave large banks and hedge funds a competitive edge are no longer exclusive to those with deep pockets. Firms of all sizes are now able build their own trading systems from the ground up rather than relying on off-the-peg technology.

Trading 72

Trading Capital Market Capital Proprietary Trading 72