The TRADE

MAY 14, 2024

The consolidated order book consists of all lit quotes across the primary venues and MTFs that trade Nordic and Baltic securities with the corresponding original place of listing. The availability of BMLL data via Nasdaq Data Link builds on top of the two firms’ existing relationship.

Book-building 111

Book-building Equities Trading Investment Banking 111

How2Exit

MARCH 9, 2023

After college, Dana continued to build his business and invested heavily in self-education. Concept 2: Write Books Quickly And Easily Dana's experience with writing books also speaks to the potential of writing books quickly and easily. Dana's experience speaks to the potential of writing books quickly and easily.

Book-building 130

Book-building Mergers and Acquisitions IT Business 130

The TRADE

OCTOBER 26, 2023

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. For head of trading for the RBC BlueBay Asset Management London-based fixed income trading desk, Stuart Campbell, the institution’s combined size is a new strength. You’re taught to almost think like a PM.

Trading 98

Trading Asset Management Management Electronics 98

The TRADE

JUNE 5, 2024

LMAX Group has launched FX non-deliverable forwards (NDFs) which are available to trade in two matching centres: Singapore (SG1) and London (LD4). ” The launch will initially target Asia Pacific and will support increasing regional demand for FX NDF trading and access to institutional liquidity as well as enhanced FX market structure.

Trading 59

Trading Proprietary Trading Book-building Asset Management 59

The TRADE

APRIL 16, 2025

The firm announced the launch of the US options exchange in September 2024, and efforts have already been made to expand IEXs options team, file the proposed rule book with the US Securities and Exchange Commission (SEC) and maintain engagement with regulatory authorities and industry stakeholders.

Book-building 52

Book-building Architecture Risk Management Utilities 52

Francine Way

JULY 13, 2017

Building the proforma income statement, proforma balance sheet, and Free Cash Flow to Firm (FCFF). While different valuation professionals differ on which multiples to use based on the target’s industry, and so on; a few multiples have became analysts favorites: TEV/Revenue, TEV/EBITDA, and TEV/Tangible Book Value.

Valuation 130

Valuation M&A DCF Book-building 130

The TRADE

OCTOBER 9, 2024

The London-based trading team at Ninety One has a very particular set of skills. The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. Ninety One’s trading team consists of 17 globally with six – soon to be seven – based in London.

Trading 59

Trading Bulge Bracket Asset Management Bank 59

The TRADE

AUGUST 29, 2024

Buy-side book-building platform Appital has moved to expand its pre-trade price discovery capabilities to allow for greater natural liquidity amongst its buy-side clients. This aligns with our strategy to deliver unique workflows to trading and investment teams.

Trading 52

Trading Portfolio Management Book-building Portfolio 52

How2Exit

FEBRUARY 26, 2023

Lana also co-authored a book about investing in real businesses. The book covers the steps that can be taken to make a business worth buying, such as understanding the market, preparing for the sale, and understanding the legal aspects of the transaction. Concept 3: Network to build relationships.

Book-building 130

Book-building M&A Business Sale 130

The TRADE

NOVEMBER 3, 2023

Next up in our introduction to the distinguished nominees for the Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist the Best Broker Electronic Trading Initiative. Jefferies Jefferies Electronic Trading (JET) offers algorithmic strategies and program trading across Europe, the US and Asia.

Electronics 52

Electronics Trading Broker IT 52

The TRADE

OCTOBER 27, 2023

Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for Outstanding Innovation in Fixed Income. The electronic trading platform enables participants to address challenges associated with accessing liquidity and executing efficiently.

Trading 59

Trading Management Book-building Electronics 59

The TRADE

OCTOBER 9, 2023

For Sharon Ruffles, head of fixed income trading for EMEA and Asia Pacific at State Street Global Advisors, the beauty of fixed income lies in how much one day can vary from the next. She began her trading career on an all-female trading desk, and says it was watching the world’s news play out in the markets that drew her to trading. “I

Trading 64

Trading Electronics Portfolio IT 64

The TRADE

OCTOBER 25, 2023

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.

Trading 59

Trading Investment Business Valuation 59

The TRADE

FEBRUARY 15, 2024

Non-deliverable forwards (NDFs) have not always gone hand in hand with algorithmic trading, but in light of recent market developments, this could be about to change. The instruments have been pegged by the buy-side as the next frontier when it comes to algorithmic trading efforts in the foreign exchange (FX) markets.

Trading 52

Trading Book-building Asset Management Electronics 52

How2Exit

MAY 22, 2023

Walker Diebold, bestselling author of “Buy Then Build: How to Acquisitions Entrepreneurs Outsmart the Startup Game,” experienced the stock market firsthand as a stockbroker and learned valuable lessons from his experiences. Walker began his career as a stockbroker, advising clients on asset allocation and executing trades.

Business 130

Business Book-building Acquisitions Investment 130

Mergers and Inquisitions

MARCH 8, 2023

But a few related areas, such as commodity desks at banks, commodity trading advisors (CTAs), and physical commodity trading shops could put up a good fight for that “most cyclical” title. We should also step back and define “commodities” and “commodity trading” since they’re massive areas.

Funds 119

Funds Finance Finance Trading 119

How2Exit

SEPTEMBER 4, 2023

He highlights the value of clean books and the benefits of getting a quality of earnings report before selling a company. rn Clean books add value to a company and make it more attractive to buyers. rn Clean books add value to a company and make it more attractive to buyers.

Business 130

Business Mergers and Acquisitions Book-building Profitability 130

The TRADE

DECEMBER 21, 2023

This realisation became one of the catalysts which has sparked more of an acceptance of outsourcing parts of the trading desk among buy-side firms, something which many once considered – though some still do – an unthinkable concept. Outsourced trading is no longer a taboo topic. It’s no longer all or nothing.

Trading 64

Trading Management Funds Asset Management 64

The TRADE

APRIL 3, 2024

Order book depth was recently increased by CME Group by 79%, alongside reducing bid-ask spreads by 31% and facilitating the final settlement of the €STR market’s largest ever futures expiration totalling over 14,000 contracts last month. “Our The post CME Group to launch €STR options next month appeared first on The TRADE.

Book-building 69

Book-building Corporation Trading Management 69

Wall Street Mojo

JANUARY 18, 2024

It may also be stated as a statement of the total debit and credit balances extracted from the various accounts in the ledger to examine the mathematical exactness of the books. At the end of every accounting period the accounting books are to be closed and preparing the trial balance is the first step towards it.

Accountant 98

Accountant Book-building Financial Statement Financial Modeling 98

The TRADE

JUNE 4, 2024

Elsewhere, it was noted that some risk managers still rely on multiple, disparate systems to view risk across all their books, with some instances where they can’t establish a single view of enterprise risk especially for more nuanced asset class exposures.

Risk Management 80

Risk Management Book-building Management Financial Services 80

The TRADE

OCTOBER 9, 2023

Sam Hewson – previously global head of digital FX solutions and EMEA head of corporate sales and solutions (CSS) – was appointed global head of FX sales, according to an internal memo seen by The TRADE. Elsewhere, Jamie Mortimore is set to re-join Citi to lead the newly formed global rates algo trading team.

Electronics 64

Electronics Trading Book-building Financial Institution 64

The TRADE

OCTOBER 10, 2023

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 move is part of LMAX Group’s international growth strategy as it aims to build a leading institutional FX exchange.

Business 69

Business Book-building Trading Asset Management 69

The TRADE

OCTOBER 11, 2023

The announcement builds on an existing relationship between Schroders and Xceptor which saw the active investment manager use the platform to process incoming transfer agency cashflows into its investment book of record, BlackRock’s Aladdin.

Book-building 59

Book-building Investment Manager Trading Investment 59

The TRADE

AUGUST 7, 2023

Its role and the way it interacts with institutional investors differs region to region. Looking into this sector, which is set to experience highly anticipated, yet arguably unpredictable, growth – note the GameStop saga of 2021 – The TRADE deep dives into some of the key considerations.

Retail 52

Retail Trading Investors IT 52

The TRADE

JUNE 19, 2024

Liquidnet is set to roll out the second phase of its derivatives analytics suite in the next few weeks, The TRADE can reveal. It’s not so much that post-trade piece but more of a point of trade process as well.” Already brought to market, phase one includes volume and liquidity information.

Trading 64

Trading Book-building Asset Management IT 64

The TRADE

SEPTEMBER 13, 2023

In an audience poll taken during the morning’s panel exploring liquidity dynamics, 83% of respondents said TCA current models were not going far enough to explain market impact and the potential influence on the outcomes of a trade from pre-hedging risk. There has been a shift to building your own analytics offering,” said one panellist.

Book-building 69

Book-building Trading Negotiation IT 69

The TRADE

JANUARY 16, 2024

In addition, ESMA is set to assess the effectiveness of a CT for shares by 30 June 2026, which includes consideration of the potential to add additional features to the equity pre-trade tape. While the EU has agreed to a real-time pre- and post-trade consolidated tape (CT) for equities – the devil will be in the detail.

Capital Market 69

Capital Market Equities Book-building Trading 69

The TRADE

SEPTEMBER 14, 2023

Buy- and sell-side panellists speaking on day 1 of the TradeTech FX Europe 2023 conference have confirmed that the use of algorithms in FX swaps trading is not at the forefront of their minds. This was corroborated by sell-side panellist Ben Pearson, co-head of global G10 and PM STIRT [short term interest rate trading] at UBS.

Book-building 64

Book-building Electronics Trading Risk Management 64

Presser & Co

MAY 8, 2023

What’s more, sellers: who delayed the preparation of a 3-way model, who didn’t get it quite right, whose model didn’t balance (remember assets = liabilities + shareholders equity), whose model broke when attempting to update it with new trading data, received lower bids. BeeReadi In response, Presser & Co launched BeeReadi.

Book-building 52

Book-building M&A Accountant Sale 52

The TRADE

SEPTEMBER 28, 2023

In this environment, those still willing to make prices are choosier with who they will trade with and are likely to charge a wider bid offer spread. The proliferation of exchange traded funds (ETFs) and flows in fixed income has also enabled a more consistent approach to pricing on the buy-side.

Trading 59

Trading Book-building Asset Management IT 59

The TRADE

OCTOBER 4, 2023

Jonathan Cross, general manager of EMEA at LiquidityBook, said: “Our clients range from start-up hedge funds and large, established asset managers to broker-dealers, outsourced trading desks and software vendors. The post LiquidityBook acquires Messer to boost multi-asset capabilities appeared first on The TRADE.

Portfolio Management 59

Portfolio Management Architecture Portfolio Accountant 59

The TRADE

AUGUST 4, 2023

The trading venue achieved a net revenue of $467.1 “Our strong results were again driven by our derivatives and data and access solutions categories […] Overall, the first half of 2023 is off to an exceptional start, and I look forward to building upon these trends in the second half of the year and beyond.”

Book-building 52

Book-building S&P Equities Trading 52

The TRADE

MAY 29, 2024

Innovation is inevitable as market participants continually seek to enhance their operations across the board, and stock exchanges and trading venues are perhaps some of the most prominent advocates of embracing emerging technological advancements.

Capital Market 72

Capital Market Financial Services Capital Trading 72

The TRADE

OCTOBER 31, 2024

Chicago-based head of US trading at Legal and General Investment Management (LGIM) Ryan Raymond has seen enough economic turmoil during his career to know what to do when markets turn volatile. Specialising in fixed income, specifically credit, Raymond has over two decades of trading experience under his belt.

Portfolio 52

Portfolio Trading Management Asset Management 52

Presser & Co

MAY 8, 2023

What’s more, sellers: who delayed the preparation of a 3-way model, who didn’t get it quite right, whose model didn’t balance (remember assets = liabilities + shareholders equity), whose model broke when attempting to update it with new trading data, received lower bids. BeeReadi In response, Presser & Co launched BeeReadi.

Book-building 40

Book-building M&A Accountant Sale 40

Accenture Capital Markets

SEPTEMBER 5, 2023

Develop a scalable trade-eligibility model that not only meets your regulatory requirements, but also supports your firm’s booking model strategy. Build appropriate monitoring, detection, controls and resolution processes in advance. obtaining prudential regulatory approvals (where required) and back-testing?

Book-building 52

Book-building Management Financial Institution Utilities 52