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The future role of the trader as product owner

The TRADE

We need to take a step back and look at today’s trading desk. By dissecting a trading desk into its functions, processes, and tasks, it becomes clear that 80% or more can be successfully automated with today’s technology – and that figure is just for the front-office, potentially even higher in the middle- and back-office.

Trading 98
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Is Singapore set to become the next major trading hub?

The TRADE

As part of a major scheme from the Monetary Authority of Singapore (MAS) to develop the region as a global FX trading hub, several large banks over the last few years agreed to develop FX pricing and trading engines in Singapore, in partnership with MAS.

Trading 90
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BNP Paribas to pay €5.1 billion for AXA Investment Managers in trillion-dollar asset management JV

The TRADE

BNP Paribas has entered into a definitive agreement to acquire 100% of AXA Investment Managers – representing around €850 million in assets under management – for just over €5 billion. The deal is set to include an agreement for BNP Paribas’ long term management of a large part of AXA’s assets.

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Outsourced trading: Easy to do, difficult to get right

The TRADE

Outsourced trading, though undoubtedly a contentious topic, is something that has been around in capital markets for decades in some form or another. However, an undeniable surge has occurred across the trading sphere over the last few years, with decidedly mixed results. And the number is climbing.

Trading 59
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FILS Europe 2023: Understanding how to utilise data is essential for improving workflows

The TRADE

At the Fixed Income Leaders Summit, advancements in technology and the growing use of data were noted as something that could help bolster trading strategies if utilised correctly, particularly for the next-generation trader. Panellists highlighted that this is only useful if traders know how to utilise data to improve workflows.

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FILS Europe 2023: Buy-side must find the line between chaos and stagnation in enhancement of ‘monolithic’ order management systems

The TRADE

Interoperability and improvements through partnerships were championed by speakers including buy-sider Jon Tricker, head trader, global credit at Vanguard who confirmed the investment manager was leveraging the “maturing API community” to expand its systems. You don’t need your own lab.

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The Path to Success: How to Become an Investment Banker

OfficeHours

While a degree in finance, economics, or related fields is highly sought after, investment banks will hire candidates with a diversity of backgrounds, especially in STEM fields. Investment banking hiring managers are looking for students who have high GPAs for what they signal about the candidate.