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Proprietary traders prioritising FX as rising costs lead firms to trade fewer products and markets

The TRADE

Will Mitting, founder of Acuiti, said: “Proprietary trading firms are looking ahead to 2024 with optimism and planning expansion and increased investment. However, exchange costs are an increasing burden for many firms, which are trading fewer products and markets than they would if fees were lower.”

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Euronext agrees to sell LCH SA stake for €111 million as part of ongoing clearing migration

The TRADE

Euronext Clearing will be the preferred clearing house for Euronext’s cash equities markets, however for other trading services for derivatives, commodities futures and repo clearing, the preferred clearing model does not currently exist and so Euronext Clearing will clear all of the flow.

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Avelacom enhances low latency service offering following authorisation from Brazil Stock Exchange

The TRADE

Through RCB’s connectivity method, Avelacom has gained access to all of B3’s markets, including equities, derivatives, digital assets, and OTC. It also opens the door to the exchange’s post-trade and testing environments.

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The TRADE’s most read stories of the year part three: Regulation, consolidation and resignation

The TRADE

The SEC subsequently ordered exchanges to submit new plans for governance of market data in May 2020, in a bid to overhaul control over the equity consolidated tape and address conflicts of interest concerns.

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

Trading and Proprietary Trading Many large banks are involved in trading activities. This can be trading on behalf of their clients (like when you buy a stock through a bank's brokerage service) or proprietary trading where banks invest their own money.

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Volatility trading picking up traction as the market pegs it as a future core strategy

The TRADE

Speaking to The TRADE about this correlation between less predictable markets and a move towards volatility trading, Arik Reiss, former co-head of global equity derivatives research at Bank of America Merrill Lynch, stressed the fact that “volatility trading is more reliable in more variable conditions.”

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The Big Interview: David McAnany

The TRADE

I have also worked on different types of trading desks ranging from full-franchise to proprietary trading. This can be addressed via regular and consistent analysis of client request/trading data. The US equity settlement changes to T+1 at the end of May is top of mind for our non-US clients.

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