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BNY Mellon launches new FX platform to help manage execution and access to price transparency

The TRADE

BNY Mellon has launched a new foreign exchange (FX) platform, meeting client demands to manage execution across their entire portfolio and access improved price transparency. BNY Mellon stated that the new platform will also help clients navigate the industry transition to T+1 settlement.

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JP Morgan OEMS Neovest acquires LayerOne Financial to bolster hedge fund offering

The TRADE

JP Morgan subsidiary Neovest has moved to expand its capabilities in the hedge fund sphere with the acquisition of investment management platform LayerOne Financial. Users will be able to send orders to their brokers, manage positions, monitor portfolios, and conduct risk assessments and compliance checks from a unified platform.

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CLSA appoints ex Morgan Stanley as algorithmic sales trader

The TRADE

Read more: Fireside Friday with… Morgan Stanley’s Maria Salamanca Mejia Previously in his career, McMahon worked as a centralised dealer at Bank of Ireland Asset Management, working on the multi-asset global trading desk.

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Trader of the Year: Millennium’s Charlotte Nutting

The TRADE

After leaving university, she undertook several sell-side internships at RBC, Nomura and Fisher Investments, returning to RBC in 2014 to work on its cash management team for its foreign exchange traders. In 2016, Nutting moved to Principia Investment Management Limited where she was an execution trader and fund manager assistant.

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Candriam expands partnership with parent company New York Life Investments to break into the US offshore market

The TRADE

In preparation for Candriam’s entry into the new market, New York Life Investments’ sales teams will support introductory conversations with US-based broker dealers and other financial intermediaries. Candriam’s European trading desks will cover the US offshore market from the Bloc.

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TS Imagine adds CLSA’s AI-powered European algo suite to TradeSmart platform

The TRADE

Trading, portfolio and risk management solutions provider TS Imagine has added CLSA’s AI-powered European algo suite to its list of certified brokers. TS Imagine’s TradeSmart features pre-certified connections to more than 250 listed brokers and venues, as well as broker algos.

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People Moves Monday: RBC, Tourmaline Partners, BlueX and more…

The TRADE

RBC appointed Guy Chalkley as managing director, UK flow rates sales. Chalkley brings more than three decades worth of financial services to the role, in both portfolio management and rates sales. Frédéric Benizri left TP ICAP to join financing, investment and risk management business CIC Market Solutions as a sales trader.

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