The TRADE

JUNE 11, 2024

The new service will bring OTC cash equities trades into Cboe Clear Europe’s cleared environment, which can then be netted against on-exchange transactions for settlement purposes. Creating a link between DTCC’s Institutional Trade Processing (ITP) central matching service, CTM, makes up the first part of the joint initiative.

Equities 58

Equities Trading Broker Financial Market 58

The TRADE

JUNE 17, 2024

Marex will become the first non-bank futures commission merchant (FCM) clearing member to offer client clearing of interest rate swaps via the LCH SwapClear service, aiming to meet client demand for greater counterparty risk diversification, clearing capacity and enhanced market connectivity.

Trading 63

Trading Bank Banking Broker 63

The TRADE

SEPTEMBER 6, 2024

For brokers and custodians, the single biggest impact of T+1 has been the 30% reduction in clearing margin, with 80% of the sell-side seeing this development as strongly impactful to their businesses. The post Transition to T+1 ‘harder than expected’ finds Citi report appeared first on The TRADE.

Broker 63

Broker Trading Financial Market Securities 63

The TRADE

DECEMBER 22, 2023

Will there come a time where AI plays more of a role in how to execute the trading decisions? The potential for AI tools to play a role in trade execution remains unknown. Over time, major dealers introduced more algorithms, which led to a common question: “What is the optimal algorithm for a given trading scenario?”

Trading 63

Trading Financial Market Electronics IT 63

The TRADE

SEPTEMBER 11, 2023

Tourmaline Partners hired three new seasoned financial markets executives as managing directors to help strengthen its global trading capabilities. BlueCrest Capital Management’s new company, FX trading technology platform BlueX, has appointed Graham MacGregor as chief executive officer.

Sale 63

Sale Management Trading Portfolio Management 63

Wall Street Mojo

JANUARY 17, 2024

Financial institutions with good credit ratings offer swap facilities to clients and charge fees from brokers. Example The Trading Perspective Of Interest Rate Swap Uses Swap Rate Swap Curve Who Are The Market Makers? The two issues under consideration before a trade are the swap’s length and the swap’s terms.

Financial Institution 91

Financial Institution Bank Banking Financial Modeling 91

The TRADE

OCTOBER 2, 2024

As technology continues to reshape financial markets, the dynamic between buy- and sell-side institutions has undergone a transformation. Electronic trading capabilities have led to a major shift away from voice trading, and this has changed the role that counterparties play when they work together.

Trading 63

Trading Electronics Management Broker 63

The TRADE

SEPTEMBER 8, 2023

What are the key drivers behind asset managers’ move towards multi-asset trading and what benefit can this provide? From that point, you can decide if you want to build an infrastructure and a scalable trading platform across the business line – harmonising the workflow and automation – or to externalise.

Trading 58

Trading Asset Management Equities IT 58

The TRADE

MAY 1, 2024

But running through the Brighton born and bred Papanichola’s veins is an activist streak that has continued to influence his decisions and shape the course of his career to date, ultimately leading him to his current role as head of trading at London-based activist hedge fund, Bluebell Capital Partners.

Trading 58

Trading Capital Funds Investment 58

The TRADE

JULY 3, 2023

The Securities and Exchange Commission (SEC) has allowed its no-action letter to the Securities Industry and Financial Markets 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.

Bulge Bracket 52

Bulge Bracket Asset Management Broker Trading 52

The TRADE

JULY 26, 2023

According to the bank, this compares to a prior year quarter where “extreme market activity in the wake of uncertainty surrounding the war in Ukraine” affected results. Net revenue for ‘fixed income, currency (FIC) sales and trading’ within the investment bank fell by 9% compared to the second quarter in 2022.

Profitability 52

Profitability Bank Banking Investment Banking 52

Viking Mergers & Acquisitions

MAY 9, 2023

He describes it like this: “A 30-year career in the stock market and wealth management gives you a pretty solid understanding of the financial markets and how they work. You understand businesses trading hands. You understand corporate finance. On a larger scale, you understand the mechanics of what finance looks like.

M&A 52

M&A Financial Services Business Broker 52

The TRADE

AUGUST 8, 2023

While some broker-dealers and investment advisers have heeded this message, self-reported violations, or improved internal policies and procedures, today’s actions remind us that many still have not. financial markets.  financial markets are on notice—The era of evasive communications practices is over.

Capital Market 52

Capital Market Capital Banking Bank 52

The TRADE

JULY 25, 2023

Though not imposing a fine, FINMA also found that Credit Suisse “seriously and systematically violated financial market law in the context of its business relationship with the Archegos family office,” with the regulator issuing an order for corrective measures to UBS, following its recent acquisition of the banking group.

Risk Management 52

Risk Management Banking Bank Management 52

The TRADE

OCTOBER 24, 2024

Order and/or execution management systems (OEMS) Kicking off this whistle-stop summary as the number one most impactful innovation in the industry is the order and/or execution management system (OEMS) – the beating heart of trading desks around the world. CLS Coming in at number three is the multi-currency settlement system, CLS.

Trading 119

Trading Investors IT S&P 119

The TRADE

NOVEMBER 28, 2023

With market structure for crypto derivatives trading expected to evolve significantly over the next few years, an Acuiti report in association with D2X Group has found that where crypto derivatives are traded is likely to change too. Only 4% of respondents stated that all volumes will be onshore.

Trading 68

Trading Financial Market Finance Finance 68

The TRADE

OCTOBER 9, 2023

The UK’s Financial Conduct Authority (FCA) has confirmed that its guidance regarding the post-Brexit definition of trading venues has come into force today, 9 October. It makes clear that in the case that a firm does not operate a multilateral system, it will not require authorisation as a trading venue.

Trading 49

Trading Consulting Broker Portfolio Management 49

The TRADE

OCTOBER 18, 2023

First up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for Outstanding Exchange Group – one of The TRADE’s highly coveted and legacy awards for the exchange community.

Trading 58

Trading Stock Retail IT 58

The TRADE

MARCH 7, 2024

Attendees at the FIX EMEA Trading Conference said T+1 is the greatest regulatory headache currently within financial markets, though 70% of the audience said they will be ready for the acceleration of settlement times come May. The market needs to move together,” emphasised one panellist.

Trading 92

Trading Financial Market Investors Broker 92

The TRADE

JUNE 23, 2023

EU asset managers, 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.

Trading 58

Trading Equities Asset Management Initial Public Offering 58

The TRADE

MAY 24, 2024

The onus is now on these providers to alleviate any workflow issues that may arise for buy-side firms looking to trade around the time of the cut offs – of which there are many. The idea that more trades might be settled bilaterally also increases the counterparty risk that regulators have been looking to avoid across the industry.

Trading 63

Trading Asset Management IT Funds 63

The TRADE

OCTOBER 26, 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 Non-Bank Electronic Liquidity Provider, showcasing excellence in liquidity provision outside of the traditional sphere. billion compared to € 2.8 billion the previous year.

Electronics 58

Electronics Trading Banking Bank 58

The TRADE

JULY 10, 2023

The UK Government announced that it has accepted Kent’s review which also sets the path for potentially removing the unbundling rules – an inherited EU law that requires brokers to charge a separate fee for research.

Government 40

Government IT Investment Broker 40

The TRADE

APRIL 30, 2024

Over the past two decades, several critical financial market 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.

Financial Institution 68

Financial Institution Financial Market Risk Management Bank 68

The TRADE

FEBRUARY 15, 2024

In addition, another key aspect and priority for the Committee’s review was the shift to T+1, which Garcia explained may require a review of the code with regards to post-trade settlement processes. According to the panel, it is through making more information available that the transparency of the market will be enhanced.

Asset Management 52

Asset Management Trading Bank Banking 52

The TRADE

JANUARY 13, 2025

Michael Horan was appointed head of trading at SS&C TechnologiesGlobal Investor and Distribution Solutions (GIDS)inEMEA following two decades working with BNY and Pershing.He most recently served as head of electronic equity trading at BNYs London branch for 11 years.

Securities 63

Securities Sale Capital Market Trading 63

The TRADE

DECEMBER 17, 2024

However, the jurys out on whether further fragmentation is needed given the continued squeeze in order book liquidity and/or whether the market has the capacity to connect as internalisation continues to take priority for many. September will see Europe ban payment for order flow and introduce a new 7% single volume cap for dark trading.

Trading 58

Trading Equities Electronics IPO 58