Beyond M&A

SEPTEMBER 21, 2023

Why a Risk Register Matters Adherence to Best Practices : Ignoring risk and governance is not just an oversight; it’s a lapse in sound business practice. Informative Historical Context : A company’s past governance and risk management behaviours often serve as predictive indicators of future conduct and success.

Government 147

Government Risk Management Investors Risk Assessment 147

OfficeHours

MAY 16, 2023

as of the end of 2020, hedge funds managed approximately $3.6 There have been various estimates of the percentage of equity volume that is controlled by hedge funds. One widely cited estimate is that hedge funds account for around 5-6% of total equity trading volume in the US. One tool for risk management is hedging.

Financial Market 130

Financial Market Funds Risk Management Trading 130

The TRADE

JANUARY 24, 2024

Citi has created two new equities roles, appointing from within, in a bid to drive its equity business strategy and “cement the gains made in the derivatives business,” according to an internal memo seen by The TRADE. The post Citi appoints from within for two new global equities trading roles appeared first on The TRADE.

Equities 59

Equities Trading Risk Management Management 59

The TRADE

AUGUST 10, 2023

Rebecca Scott has been named global head of equity over the counter (OTC) settlements at Morgan Stanley, following promotion from executive director. She previously held the position of EMEA head of equity OTC settlements and vice president of operations, focused on equity derivatives and cash settlements.

Equities 52

Equities Risk Management Investment Banking Collaboration 52

Focus Investment Banking

JANUARY 8, 2025

John-Michaels career spans an impressive range of finance disciplines, including derivatives, private equity, and investment banking. He began his journey at Scotiabank in Canada, where he spent five years mastering the intricacies of derivatives and risk management.

Investment Banking 52

Investment Banking Bank Banking Investment 52

The TRADE

DECEMBER 19, 2024

Regulatory reporting and risk management, security valuation and portfolio analysis, research, index strategy and historical simulations – among other analytics offerings – will be available via Snowflake as a delivery channel. million bonds with a 20 year look back period.

Book-building 52

Book-building Portfolio Risk Management Valuation 52

The TRADE

JANUARY 31, 2024

The BlackRock EMEA equity trading team picked up The TRADE’s highly coveted Trading Desk of the Year, Long-Only award at the Leaders in Trading 2023 event in November. McCartney heads up the EMEA fundamental equity trading team, having made the shift from the London Stock Exchange to the front-office earlier in her career.

Equities 59

Equities Trading Collaboration Investment 59

The TRADE

APRIL 16, 2025

Ivan Brown The exchange operator said the new venue will align with the needs of options industry participants and tackle risk management challenges in the market. IEX has firmed up the date for its new options exchange, IEX Options, set to be launched by Q2 2026, pending regulatory approval.

Book-building 52

Book-building Architecture Risk Management Utilities 52

Software Equity Group

MARCH 26, 2024

For top private equity firms, there’s a lot to like about SaaS. Top Software Private Equity Firms Here is a select list of the most active PE investors in the SaaS and software industry over the past year (data taken from the SEG 2024 Annual SaaS Report ). The firm employs 93 professionals.

Private Equity 52

Private Equity Equities Investment Portfolio 52

The TRADE

NOVEMBER 24, 2023

The addition of these treasury bond futures will help regional and global investors interested in accessing China manage their interest rate and investment risks more effectively, according to HKEX. ” The post HKEX reveals plans to launch China treasury bond futures appeared first on The TRADE.

Risk Management 65

Risk Management Investors Trading Management 65

The TRADE

SEPTEMBER 16, 2024

Amongst the new technology acquired by LSEG is Axoni’s Veris network, a post-trade lifecycle and reconciliation management platform for equity swaps that launched in 2020. Acadia provides risk management, margining and collateral services for the uncleared derivatives markets.

Trading 69

Trading Risk Management Acquisitions Equities 69

The TRADE

SEPTEMBER 16, 2024

IEX Group has announced the launch of a US options exchange to partner with liquidity providers to tackle risk management challenges faced in the options markets, subject to regulatory approvals. He will continue reporting to Harkins, who will oversee both IEX’s equities exchange and the new options exchange.

IT 65

IT Risk Management Trading Equities 65

Wizenius

AUGUST 16, 2023

Private Equity (PE) often becomes the coveted next step for many investment bankers, promising new dimensions within the financial landscape. This journey encompasses risk management, optimization of financial returns, and the creation of value within the portfolio.

Private Equity 52

Private Equity Equities Investment Banking Financial Modeling 52

The TRADE

SEPTEMBER 28, 2023

Named MEMX Options, the new exchange was built to extend the firm’s remit following the success of its equities exchange and member-aligned market model to the options community. MEMX Options will leverage MEMX’s data-centric exchange architecture and infrastructure, offering traders passive and active risk management capabilities. “I

Trading 73

Trading Architecture Risk Management Equities 73

The TRADE

AUGUST 21, 2023

The four separate rulemakings put forward by the US Securities and Exchange Commission (SEC) in December last year represent the most significant attempt to revamp market structure for US equities in recent memory. While evolution of equities market structure in the US is long overdue, what form it should come in is up for debate.

Equities 52

Equities Retail Trading Broker 52

The TRADE

DECEMBER 14, 2023

We’ve leveraged a lot of their [equities franchise] work in terms of how they visualise baskets and look at risk and some of these toolsets especially on the systematic market side.” That’s versus a bank that has an equity department and a fixed income department.

Portfolio 104

Portfolio Trading IT Bulge Bracket 104

The TRADE

JULY 8, 2024

Senior equity trader at Janus Henderson, Stuart Mair, left the asset manager after 14 years. According to an update on his social media, Mair joined hedge fund and systematic trading platform Schonfeld as an equity trader dealing with long and short strategies. As part of his new appointment, Chin will be based in New York.

Bank 65

Bank Banking Asset Management Equities 65

Beyond M&A

MAY 14, 2023

Risk Management: As AI evolves, so do its associated risks. Investors should assess the company’s risk management strategies around AI, including potential bias in AI decision-making, data privacy and security, and potential misuse of AI applications.

Investors 130

Investors Risk Management IT Risk Assessment 130

The TRADE

MARCH 25, 2024

Most recently, Tan held a global portfolio trading position, which included trading global equities with strategy implementation via algorithms, crossing networks and global portfolio trading desks. Prior to that, Tan held a global markets, APAC cash equities position based in Singapore.

Sale 73

Sale Trading Equities Portfolio 73

The TRADE

SEPTEMBER 6, 2023

Frédéric Benizri has left TP ICAP to join financing, investment and risk management business CIC Market Solutions as a sales trader. Benizri also previously worked in convertible bonds and equity derivatives flow sales at Citi for three and a half years, at the time based out of London.

Risk Management 52

Risk Management Sale Broker Equities 52

The TRADE

JANUARY 26, 2024

Licensing the same technology powering MEMX’s US equity and options exchanges, users will be able to launch new market centres or upgrade their existing technology to MEMX’s low latency platform. Named MEMX Options, the exchange offers traders passive and active risk management capabilities, building off its existing equities exchange.

Trading 65

Trading Equities Risk Management Stock 65

The TRADE

FEBRUARY 29, 2024

Specifically, securities and reporting revenue grew 7% to £254 million “as payments received relating to the early termination of the Euronext clearing agreement more than offset the in-year impact of lost cash equity clearing revenues and subdued equity market volumes”, while OTC derivatives revenue increased to £517 million, up 28.9%.

Trading 113

Trading Acquisitions Capital Market Book-building 113

The TRADE

OCTOBER 24, 2023

The pan-European central counterparty (CCP) has approval to clear cash equities, depositary receipts, ETFs, and equity derivatives (index futures and options). Its overall market share for cash equities clearing was 34% in the first half of 2023, an year-on-year increase from 2022.

Trading 59

Trading Risk Management Equities Management 59

The TRADE

APRIL 26, 2024

In your opinion, what skills should be the main priority for traders looking to succeed in the equities space? This is even more important when working in equities because it’s a market that reacts strongly to news flow. What advice would you give to others looking to also enter the world of equity trading?

Insurance 59

Insurance Risk Management Equities Trading 59

The TRADE

OCTOBER 10, 2024

Catherine Clay, global head of derivatives at Cboe The new options on VIX futures will offer investors an additional tool to help manage US equity market volatility. They complement Cboe’s existing securities-based VIX index options, which are designed to provide similar risk management and yield enhancement capabilities.

S&P 69

S&P Trading Risk Management Investors 69

The TRADE

OCTOBER 8, 2024

Clearing will take place through Euronext Clearing, offering risk management and portfolio-wide margin efficiencies. Read more: Fireside Friday with… Euronext’s Anthony Attia Trading in the new options is powered by Euronext’s Optiq trading platform, which offers access to a large and diverse pool of liquidity.

Stock 69

Stock Trading Risk Management Investors 69

The TRADE

NOVEMBER 6, 2024

Speaking to the reasons in more depth, Müller explained it was down to “the successful risk management mechanisms of CC Ps, including initial margin and variation margin.” Specifically, variation margin refers to the margin to margin each day, while initial margin makes up the part of margin that covers future market moves.

Trading 59

Trading Retail Education Investors 59

The TRADE

JANUARY 18, 2024

Derivatives exchange Eurex will expand its equity-index linked product suite with futures on Socially Responsible Investing (SRI) indices. Starting from 22 January, Eurex will begin trading futures on SRI indices calculated by STOXX and MSCI, strategic partners in Eurex’s offering of derivatives on ESG indices.

Investment 59

Investment Risk Management Asset Management Trading 59

Mergers and Inquisitions

MARCH 13, 2023

Banks’ lending activities are constrained by: Regulatory Capital – All banks must maintain a certain amount of common shareholders’ equity to absorb unexpected losses on loans and other assets. These are marked to market value and do affect the bank’s common equity and regulatory capital ratios, such as its CET 1 Ratio.

Bank 123

Bank Banking Funds Government 123

The TRADE

SEPTEMBER 12, 2024

Rob Hocking The new futures aim to provide market participants with an additional tool to calculate implied volatility of the US equity market as measured by the S&P 500 Index, and to manage volatility risks and express directional views.

S&P 69

S&P Trading Management Portfolio 69

The TRADE

AUGUST 14, 2023

Rebecca Scott was named global head of equity over the counter (OTC) settlements at Morgan Stanley, following a promotion from executive director. She previously held the position of EMEA head of equity OTC settlements and vice president of operations, focused on equity derivatives and cash settlements.

Equities 52

Equities Risk Management Trading Business 52

The TRADE

DECEMBER 13, 2023

TT Compliance is set to take from the TT Score trade surveillance offering, originally built for exchange-traded derivatives, as well as Abel Noser’s Compliance+ solution – primarily utilised for US equities.

Trading 59

Trading Business Risk Management Capital Market 59

The TRADE

AUGUST 3, 2023

“Post-trade once again demonstrated the critical role it plays in helping customers manage risk in uncertain markets, delivering outstanding growth.” Capital markets finished up despite an 11% decline in equities and 2% decline in FX trading due to global primary and secondary market conditions. The division reported 1.5%

Trading 98

Trading Business Risk Management IT 98

The TRADE

JUNE 14, 2023

Subject to regulatory approvals, the service will come through its Amsterdam-based clearing house and introduce matching, CCP clearing, settlement and post-trade lifecycle management for SFT transactions in European cash equities and ETFs. Settlement will take place in 19 European Central Securities Depositories (CSDs).

Finance 76

Finance Finance Securities Trading 76

The TRADE

AUGUST 4, 2023

Overall, CME, ICE and Eurex posted solid quarterly results, driven in large part by the demonstrably positive correlation between an uncertain macroeconomic backdrop and risk management opportunities. The exchange posted decreases in equity derivates, interest rate derivatives, and index derivatives throughout the second quarter.

Trading 52

Trading Risk Management Equities Management 52

The TRADE

JUNE 14, 2024

How do equity options, swaps and index futures differ when it comes to achieving best execution? How can TCA be best leveraged when trading equity derivatives? I think you have to re-imagine what TCA actually means when trading equity derivatives. The post Fireside Friday with… T.

Portfolio 65

Portfolio Trading Equities Funds 65

The TRADE

JANUARY 3, 2024

Establish an EU equity fund, revitalise our securitisation markets, boost our primary markets and IPO ecosystem, address fragmentation, tackle incentivisation elements like taxation – and ensure that citizens truly endorse our markets by guaranteeing a better participation.

Trading 111

Trading Capital Market Capital Economics 111