This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Single-stock trading and program trading in US equities are becoming increasingly interlinked, as advances in algorithmic trading blur the lines between the two. Between workflow innovation and good old-fashion inflation, the definition of program trading itself is now in flux. constituents.
ION has become registered as an independent software vendor for algorithmic trading on BSE (formerly Bombay Stock Exchange). The development will enable exchange members to use IONs Fidessa algorithmic trading functionality on BSE. In June last year, ION received approval to become an equitiestrading vendor on BSE.
As part of the move, ION’s Fidessa trading platform is now certified for cash equitiestrading 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 equitiestrading on BSE.
McDonald told The TRADE that he is looking forward to the new role, adding: I’ve been warmly welcomed into the team by everyone and am very grateful for the opportunity to work for Julius Baer. I’m thoroughly looking forward to working in Monaco, focusing on providing excellent cross-asset trade execution to clients.
Robbert Booij The asset class is increasingly becoming a buy-side topic said experts as end clients are voluntarily joining the cleared repo environment, viewing it as a neat instrument to facilitate trading. It’s education, it’s product offering, and marketing potentially as well [that will boost retail trading].
In the constantly evolving financial markets landscape, where volatility and complexity are continually featured, the ability to discern the true costs of trading has become paramount for investors and institutions alike. However, reservations about its usage still exist among users.
Portfolio trading as a concept has exploded in the last few years, egged on by market conditions and volatility brought on by the pandemic and other macroeconomic factors. However, whether or not all firms are able to monetise the tool by managingrisk effectively in today’s environment, is up for debate.
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 equitiestrading roles appeared first on The TRADE.
The London Stock Exchange Group (LSEG) has moved to further expand its post-trade capabilities with the acquisition of Axoni’s post-trade technology. 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.
The London Stock Exchange (LSEG) saw overall growth across its key businesses in 2023, with considerable improvement across data and analytics, capital markets, and in particular, post-trade. LSEG labelled 2023 an “outstanding” year for post-trade, having seen significant strategic progress. rise year-on-year as compared to 2022.
Simon Gallagher, chief executive, London and head of global sales, Euronext We think that the introduction of an anonymised, single-level pre- and post-trade consolidated tape will trigger innovations at trading venues. We see the entire post-trade space becoming more and more of a platform business. But we are seeing changes.
Hedge funds are significant players in financial markets given the size of their capital bases and the frequency of their trading. 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. trillion in assets globally.
The London Stock Exchange Group (LSEG) has reported positive first half results on the back of strong growth in its data and analytics and post-trade divisions. Total income grew to £4 billion, marking an 8% increase in comparison with H1 results from 2022, largely thanks to an “outstanding” 19% growth in post-trade revenues.
The BlackRock EMEA equitytrading 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. And that is exactly what the London-based trading team embodies. Every day is different, and markets are evolving at a phenomenal pace.
The annual Leaders i n Trading gala is the most distinguished awards night for the trading community. Among the most coveted awards categories is the Editors’ Choice Awards and today we bring you the 2023 nominees for Outstanding Post-Trade Services Provider.
Blue Ocean Technologies (BOT) and Members Exchange (MEMX), have entered a technology partnership in which the latter’s market-as-a-service trading system will operate the Blue Ocean ATS global trading platform. Last year, BOT continued to expand globally with a focus on extending its trading model in Asia-Pacific.
Regulatory reporting and riskmanagement, 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.
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.
FIA Tech’s Trade Data Network (TDN) is now certified with and connected to Singapore Exchange (SGX), with FIA Tech expected to roll out TDN connectivity to all SGX members subscribed to the network in Q4. Riskmanagement and recovery will be improved by this in the event of a systemic outage such as a cyberattack or technology failure.
Trading Technologies International (TT) has unveiled two new dedicated business lines, TT Compliance and TT Quantitative Trading Solutions (QTS), to fuel growth for 2024 across asset classes. The post Trading Technologies launches two business lines to support company’s expansion into new asset classes appeared first on The TRADE.
Ivan Brown The exchange operator said the new venue will align with the needs of options industry participants and tackle riskmanagement challenges in the market. The post IEX firms up launch date for new options exchange appeared first on The TRADE.
MEMX, the member’s exchange, has launched its platform for trading listed options following approval from the US Securities and Exchange Commission in August last year. MEMX Options will leverage MEMX’s data-centric exchange architecture and infrastructure, offering traders passive and active riskmanagement capabilities.
IEX Group has announced the launch of a US options exchange to partner with liquidity providers to tackle riskmanagement 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.
Day trading has become a popular practice among finance professionals, offering opportunities to capitalize on short-term price movements. Scalping involves executing quick trades with small profit targets, aiming to capitalize on short-term price fluctuations. One such technique gaining traction is scalping.
Head of SIX Swiss Exchange, Christian Reuss marked his last day at the trading venue as he moves onto pastures new. Reuss had been with the trading venue for just over 15 years, originally joining in 2009 as chief executive of a joint venture named Scoach, in partnership with Deutsche Börse.
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.
The World Trade Organization (WTO ) plays a pivotal role in shaping the global economic landscape. From GATT to WTO The WTO, born out of the General Agreement on Tariffs and Trade (GATT) , has been pivotal since its inception in 1995. GATT’s initial role was to regulate international trade post-WWII.
Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for the Outstanding Market Data Provider category, shining a light on those displaying recent excellence in the data sphere.
Cboe Global Markets has announced new options on Cboe Volatility Index (VIX) futures which are expected to begin trading on Cboe Futures Exchange (CFE) on 14 October. 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.
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. Clearing will take place through Euronext Clearing, offering riskmanagement and portfolio-wide margin efficiencies.
Cboe Global Markets announced that its new Cboe S&P 500 Variance Futures are expected to begin trading on Monday 23 September on the Cboe Futures Exchange. Cboe Global Markets added that the contracts will quote and trade directly in variance units, offering a simplified approach to managing and trading variance exposure.
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.
But a few related areas, such as commodity desks at banks, commodity trading advisors (CTAs), and physical commodity trading shops could put up a good fight for that “most cyclical” title. We should also step back and define “commodities” and “commodity trading” since they’re massive areas.
Read more: Falling European SI volumes shows traders’ changing approach to risk during volatility, survey finds Despite FX volatility falling slightly in the more recent term – the degree to which clients are hedging has therefore gone up, not down.
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.
Frédéric Benizri has left TP ICAP to join financing, investment and riskmanagement 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.
Instead, a combination of rising interest rates, inflation, soaring energy prices and geopolitical tensions have hit hedge funds, and subsequently the riskmanagement practices of prime brokers. These forces have rumbled markets and led to heightened volatility.
How do equity options, swaps and index futures differ when it comes to achieving best execution? When dealing with clearing and margin this data can vary significantly from one portfolio to another which can also add an additional layer of complexity for block trades. How can TCA be best leveraged when tradingequity derivatives?
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.
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).
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 equitytrading?
Overall, CME, ICE and Eurex posted solid quarterly results, driven in large part by the demonstrably positive correlation between an uncertain macroeconomic backdrop and riskmanagement opportunities. Speaking to this, Jeffrey C. The business also posted the second highest quarterly SOFR futures and options ADV, up 154% in Q2.
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.
Tourmaline Partners hired three new seasoned financial markets executives as managing directors to help strengthen its global trading capabilities. Elsewhere, Kirk is set to oversee and enhance Tourmaline’s services in support of asset managers globally as part of his new role.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content