article thumbnail

Baader Bank becomes latest trading member to join Spectrum Markets

The TRADE

Pan-European trading venue for securities Spectrum Markets has welcomed Baader Bank as a new trading member. Nicky Maan Baader Bank has been trading securities for over four decades, offering its partners and institutional investors access to capital markets through integrated trading platforms.

Trading 62
article thumbnail

Bank of England and FCA to launch joint Digital Securities Sandbox

The TRADE

The Bank of England (BoE) and the UK Financial Conduct Authority (FCA) are working together to operate a new Digital Securities Sandbox (DSS) – a regime that will allow firms to use developing technology in the issuance, trading and settlement of securities. The closing date for responses is 29 May 2024.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

FIS acquires post-trade platform Torstone Technology

The TRADE

Torstone is a global SaaS platform for post-trade securities and derivatives processing technology, originally built by and for a global investment bank. The fintech was founded in 2011 with originator and CEO Brian Collings still chief executive and chairman today.

Trading 109
article thumbnail

Certificate of Deposit (CD)

Wall Street Mojo

Certificate of Deposit (CD) Definition A certificate of deposit (CD) is an investment instrument mostly issued by banks, requiring investors to lock in funds for a fixed term to earn high returns. Banks and credit unions mostly issue them in exchange of an interest income. read more earnings.

article thumbnail

Understanding the Difference Between Hedge Funds and Private Equity

MergersCorp M&A International

These funds typically invest in publicly traded securities and derivatives, allowing for a wide range of investment tactics that can include long and short positions, derivatives trading, and leveraging. Hedge funds also focus on maximizing returns in any market condition, whether bullish or bearish.

article thumbnail

People Moves Monday: Weekly round up

The TRADE

According to the internal memo seen by The TRADE, the bank is conducting a search for a permanent head of FX, with the expectation to fill the position in the coming weeks. Previously, he served as State Street’s global head of algorithmic trading, securities finance.

article thumbnail

The 20 greatest trading innovations

The TRADE

Given the proliferation of high frequency trading (HFT) several investment banks chose to launch these alternative trading systems (ATS) as a means of protecting institutional clients who are typically slower to execute. Systematic internalisers (SIs) Next up in The TRADE’s innovation rundown are systematic internalisers (SIs).

Trading 118