The TRADE

NOVEMBER 20, 2024

The TRADE is delighted to announce the winners of our inaugural Leaders in Trading New York awards, with the recipients honoured at a ceremony held last night at Chelsea Piers, New York. Elsewhere within the buy-side category, Balyasny Asset Management took home the award for Trading Desk of the Year, while T.

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The TRADE

JANUARY 10, 2024

Data, price sharing and workflow solutions provider MDX Technology (MDXT) has launched a new customisable broker screen solution. The new broker screen builds on MDXT’s existing Connect platform, which offers tailored features that can help brokers better navigate competitive markets.

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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.

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The TRADE

MAY 7, 2024

Kepler Cheuvreux Execution Services (KCx) has gone live as a broker on Bloomberg Tradebook’s PAIR solution. The move will enable traders to execute multi-currency pair trades with KCx, navigating arbitrage strategies with better precision and efficiency.

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The TRADE

SEPTEMBER 13, 2024

StoneX has moved to increase its remit and geographical reach through the acquisition of fixed income broker Octo Finances SA. Fixed income broker Octo Finances is in Paris. The post StoneX to acquire fixed income broker Octo Finances appeared first on The TRADE.

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The TRADE

SEPTEMBER 5, 2023

FXCM’s institutional arm FXCM Pro has entered a liquidity bridging partnership with Tools for Brokers (TFB), an international provider of technology for retail brokers, prop trading companies and hedge funds. Brokers are also provided with data analysis and improved risk management through one user interface.

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The TRADE

OCTOBER 25, 2024

As equity traders continue to seek ever more innovative ways to bolster their offerings, the rise of Alternative Trading Systems (ATSs) has followed – currently executing around 16% of all US equity volume. Speaking to the motivators, one surveyed sell-side head asserted: “The buy side wants to see us trading there.

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Global Banking & Finance

OCTOBER 20, 2024

In the complex world of forex trading, an easy-to-use platform can be both a blessing and a curse. FBS is a major forex broker that provides a simple way to trade. But does this approach benefit traders, or does it come with hidden costs? Account Types: Less Choice, More Clarity?

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The TRADE

APRIL 3, 2024

Société Générale has become the first prime broker to tap DTCC’s CTM’s new automated tri-party trade matching workflow as the industry prepares for the heightened focus on meeting global accelerated settlement requirements. Right from the start we were excited to be part of the initiative.

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The TRADE

JULY 23, 2024

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.

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The TRADE

MARCH 6, 2024

European retail brokers are expected to target growth in institutional markets alongside expanding into listed derivatives if restrictions on contract for difference (CFD) markets continue to gain traction, a study by Acuiti in partnership with ION has found. For incumbent institutional firms this provides an opportunity.

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The TRADE

MAY 15, 2024

OTC Markets has set out plans to launch a new overnight US dollar trading offering in the coming months in a bid to expand accessibility to the over-the-counter markets. Overnight trading takes place after market close and prior to the next day’s market open.

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The TRADE

JANUARY 17, 2024

Trading volumes executed electronically by equity investors increased last year, accelerating the evolution of the US stock trading business into an increasingly complex, technologically driven market structure. The post E-trading platforms experienced increased share of US equity trading volume in 2023 appeared first on The TRADE.

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PE Hub

JULY 21, 2023

Valley Stream, New York-based Alba Wheels Up is a provider of customs brokerage, freight forwarding, trade compliance and other logistics services. The post Southfield Capital-backed Alba Wheels Up buys customs broker V.T. Mancusi appeared first on PE Hub.

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The TRADE

JULY 12, 2023

LCH – part of the post-trade division of London Stock Exchange Group – has announced that Barclays and Barclays Ireland are now live as clearing brokers at CDSClear. The post Barclays goes live as clearing broker for LCH appeared first on The TRADE.

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The TRADE

JUNE 12, 2024

As part of the move, ION’s Fidessa trading platform is now certified for cash equities trading on BSE. After completing the audit process, BSE has since certified Fidessa as compliant with all relevant exchange rules and regulatory standards, allowing exchange members to use the platform for equities trading on BSE.

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The TRADE

AUGUST 11, 2023

Crypto trading platform Bittrex – along with its former chief executive, William Shihara – has been ordered to settle SEC charges for failing to register as an exchange, broker and clearing agency.

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The TRADE

AUGUST 13, 2024

Trading Technologies has completed the acquisition of Abel Noser’s broker-neutral trade optimisation platform, START. The deal is the second – and final – part of Trading Technologies’ acquisition of Abel Noser Solutions.

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The TRADE

OCTOBER 24, 2024

ION has connected to the newly launched FMX Futures Exchange, allowing clients to trade on the exchange through ION’s execution and post-trade product suite. The post ION connects to FMX Futures Exchange to bolster execution and post-trade clearing appeared first on The TRADE.

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The TRADE

AUGUST 15, 2023

LCH – part of the post-trade division of London Stock Exchange Group – has announced that Goldman Sachs International and Goldman Sachs Bank Europe SE have gone live as clearing brokers at CDSClear at it continues to expand its network. “By The post Goldman Sachs goes live as clearing broker for LCH appeared first on The TRADE.

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The TRADE

JANUARY 24, 2024

In the dynamic realm of the financial markets, the introduction of technology has proven to be a catalyst for transformative change, overhauling existing trading strategies. Among the wide range of advancements, algorithmic trading has revolutionised how financial instruments are bought and sold.

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The TRADE

SEPTEMBER 12, 2024

The TRADE is delighted to announce the first batch of shortlists for the upcoming Leaders in Trading New York Awards ceremony set to take place in November. So, without further a due, it gives The TRADE great pleasure to announce the following awards shortlists for Leaders in Trading New York 2024!

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The TRADE

NOVEMBER 3, 2023

Almost two thirds (63%) of buy-side equity market participants believe outsourced desks would result in improved execution quality and trade performance when trading across regions, according to new research from Coalition Greenwich. This figure was up markedly from similar research in 2020, which had the result at 5%.

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The TRADE

OCTOBER 1, 2024

The watchdog also charged the bank with “failing to supervise” the head of its US Treasuries trading desk who allegedly made “hundreds” of illegal trades over that period. Mark Cave, associate director in the SEC’s division of enforcement, said: “Manipulative and deceptive trading undermines the integrity of our markets.

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JD Supra: Mergers

SEPTEMBER 26, 2024

Trade and investment between the Middle East and Asia-Pacific (APAC) regions is booming, underpinned by restored bilateral relations between Saudi Arabia and Iran—brokered by China—and renewed economic growth potential. Meanwhile, the West’s separation from Russia has arguably pushed Eastern regions to become more cooperative.

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The TRADE

JUNE 25, 2024

Credit network and multi-asset prime broker Hidden Road has signed a new deal with Trading Technologies (TT) that will allow it to distribute TT’s multi-asset trading platform to its clients. The post Hidden Road to distribute Trading Technologies multi-asset trading platform appeared first on The TRADE.

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The TRADE

OCTOBER 10, 2024

Over the past decade, technological advancements and increasing financial regulations have been the primary drivers behind the evolution of trading analytics and transaction cost analysis (TCA). These components are the backbone of the PGGM trading analytics desk. How can TCA use be further optimised/automated on the trading desk?

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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.

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The TRADE

OCTOBER 17, 2023

Named NYFIX Fill Matching, the FIX based real-time reconciliation product compliments Broadridge’s existing post-trade NYFIX Matching solution. According to the firm, NYFIX Fill matching is the only platform that matches fills between brokers and asset managers in real-time. “As

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The TRADE

MARCH 12, 2024

Broadridge has launched a global futures and options (F&O) software-as-a-service (SaaS) platform, aimed at expanding derivatives trading capabilities. The full hosted platform has been designed for futures commission merchants (FCMs) and agency brokers.

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The TRADE

MAY 9, 2024

Citi has made a strategic minority investment in Greenwich-based fintech, Cicada Technologies (CT), to facilitate institutional e-trading of Mexican government bonds. Citi’s Markets Strategic Investments unit handled the investment, with Citi set to act as a liquidity provider for the trading platform.

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The TRADE

AUGUST 7, 2024

Northern Trust has been selected by UK-based wealth management firm True Potential to provide outsourced trading services. Offered through its Integrated Trading Solutions (ITS) platform, Northern Trust will provide services across equities, fixed income and exchange traded derivatives, with coverage from multiple trading locations.

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CNBC: Investing

DECEMBER 27, 2023

Market volume may be dormant this time of the year, but some retail traders snapped up some stocks and options in recent days.

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The TRADE

JULY 19, 2023

More than three quarters of surveyed prop trading firms confirmed said volatility trading strategies had out-performed other markets last year, according to a new report from Acuiti. Around a third of surveyed firms which are not currently trading volatility products confirmed their intention to do so going forward.

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The TRADE

AUGUST 24, 2023

to cover previously exempt proprietary trading firms. The move to increase the number of broker dealer firms registering with FINRA comes as the commission aims to promote fair, orderly, and more efficient markets. Today [23 August], many broker-dealers conduct significant cross-exchange or off-exchange activity.

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The TRADE

MAY 28, 2024

Nasdaq and FIA Tech have entered a partnership to reduce the complexity of post-trade data processing across the exchange traded derivative market. As part of the move, Nasdaq will integrate its clearing platform, Nasdaq Real-Time Clearing, into FIA Tech’s Trade Data Network.

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The TRADE

MAY 23, 2024

JonesTrading has moved its firm-wide middle office operations onto LiquidityBook’s LBX Post-Trade Hub, a suite of cloud-native solutions for sell-side middle office operations. LBX Post-Trade Hub will operate as a single, standalone middle office allocation system, interfacing with a range of front office OMS platforms and clearing brokers.

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