The TRADE

JULY 16, 2024

With electronic equities trading continuing to rise, a notable proportion of US low-touch desk expect to expand their teams over the next 12-18 months, a new report from Coalition Greenwich has found. Almost 40% of respondents emphasised a strong interest in more innovative trading venues, with another 53% showing some interest.

Electronics 72

Electronics Equities Trading Sale 72

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. There is one important exception: higher commission payers are expanding their lists to an average of 44.1,

Trading 75

Trading Equities Electronics Shares 75

JD Supra: Mergers

MARCH 8, 2024

Private equity is squarely in the cross hairs of regulators; the Department of Justice Antitrust Division, the Federal Trade Commission, and the U.S. Department of Health and Human Services recently announced the launch of a joint inquiry into private equity ownership in the health care field. By: Ballard Spahr LLP

Private Equity 187

Private Equity Equities Acquisitions Trading 187

The TRADE

JULY 17, 2024

Citi has named a new head of electronic equity sales trading for the EMEA region, The TRADE can reveal. He joined the bank as a permanent fixture in 2016 as a graduate analyst in its markets division, later moving into equity sales trading in 2018.

Electronics 52

Electronics Sale Trading Equities 52

The TRADE

JANUARY 30, 2024

Electronic trading platforms captured almost a third (32%) of overall Canadian equity trading volume in 2023, with this share expected to rise in the next three years, a new report by Coalition Greenwich has found. As a result, electronic and/or algorithmic trading has seen usage increase.

Equities 80

Equities Trading Electronics Asset Management 80

JD Supra: Mergers

MAY 30, 2024

The Federal Trade Commission’s (FTC) push against private equity roll-ups has hit a snag. Judge Hoyt found that the FTC had not adequately alleged that Welsh Carson “is violating” or “is about to violate” antitrust laws, as required under.

Private Equity 182

Private Equity Equities Trading 182

JD Supra: Mergers

JUNE 12, 2024

On June 6, 2024, California Attorney General Rob Bonta announced that he led a multistate coalition of eleven (11) state attorneys general in in submitting a comment letter (the “Comment Letter”) in response to the Federal Trade Commission, the U.S. Department of Justice, and the U.S. By: Sheppard Mullin Richter & Hampton LLP

Private Equity 167

Private Equity Healthcare Equities Trading 167

JD Supra: Mergers

MARCH 8, 2024

A recent government initiative announced on March 5, 2024 signals that more antitrust scrutiny for private equity firms and asset managers is on the horizon. By: Paul Hastings LLP

Private Equity 161

Private Equity Equities Healthcare Asset Management 161

JD Supra: Mergers

MARCH 8, 2024

On March 5, the Federal Trade Commission (FTC) hosted a public workshop titled “Private Capital, Public Impact: An FTC Workshop on Private Equity in Health Care.” The event is part of the agency’s effort to publicize and encourage enforcement targeting private equity investments in health care.

Private Equity 182

Private Equity Equities Trading Capital 182

The TRADE

OCTOBER 18, 2023

For the first time, The TRADE is announcing the 2023 Rising Stars of Trading and Execution ahead of the gala awards ceremony, Leaders in Trading on 8 November. The shortlisted candidates will be handed their award during the Rising Stars of Trading and Execution awards ceremony, taking place as part of Leaders in Trading.

Trading 119

Trading Asset Management Equities Investment Manager 119

The TRADE

NOVEMBER 7, 2023

Toronto-based stock exchange TMX Group has launched a new platform designed to optimise the trading of Canadian equities. TMX Group confirmed the new order types were designed to optimise trading execution by “dynamically adjusting” to market conditions. In 2021, Cboe created a new block trading platform in the region.

Trading 64

Trading Equities Stock 64

JD Supra: Mergers

MAY 29, 2024

In a decision with significant implications for private equity firms and minority investors, on May 13, 2024, the US District Court for the Southern District of Texas dismissed the Federal Trade Commission’s (FTC) suit against a fund of private equity firm Welsh, Carson, Anderson & Stowe (Welsh Carson) that is a minority investor in US Anesthesia (..)

Private Equity 167

Private Equity Equities Investors Funds 167

The TRADE

MARCH 22, 2024

HSBC has appointed Matthew Stanton as managing director, head of equities sales trading for Americas. Prior to that, he spent just over seven years at Barclays, most recently serving as managing director, head of cash sales trading, Americas. This included equities sales trading positions for both the Americas and EMEA.

Sale 69

Sale Equities Trading Asset Management 69

The TRADE

APRIL 19, 2024

BMO Capital Markets has appointed Harj Bagria within its electronic trading division, The TRADE can reveal. Most recently, Bagria held an EMEA equity trading position, based in London. Elsewhere in his tenure at Credit Suisse, Bagria held APAC equity trading and electronic sales trading positions, based in Hong Kong.

Electronics 64

Electronics Capital Market Trading Equities 64

JD Supra: Mergers

MAY 17, 2024

The Federal Trade Commission’s suit alleging U.S. Anesthesia Partners (USAP) and Welsh Carson, a private equity fund that owns 23 percent of USAP and controls two of 14 board seats, engaged in an anticompetitive scheme to acquire and consolidate anesthesia practices in Texas partially survived motions to dismiss by the two defendants.

Private Equity 167

Private Equity Equities Trading Funds 167

JD Supra: Mergers

MAY 22, 2024

On 13 May, a federal district court judge dismissed the Federal Trade Commission’s (FTC) antitrust case against private equity firm Welsh, Carson, Anderson & Stowe and affiliated entities (Welsh Carson). The FTC’s case alleged that Welsh Carson, along with its portfolio company, US Anesthesia Partners, Inc.

Private Equity 161

Private Equity Equities Portfolio Trading 161

JD Supra: Mergers

SEPTEMBER 25, 2023

Yesterday, the Federal Trade Commission (“FTC”) filed suit in federal district court alleging that U.S. Anesthesia Partners, Inc.

Private Equity 283

Private Equity Equities Profitability Trading 283

JD Supra: Mergers

MARCH 13, 2024

Private equity investment in the health care sector continues to be a significant area of focus for the U.S. On March 5, 2024, the Federal Trade Commission (FTC) hosted a public workshop to “examine the role of private equity investment in health care markets” (the FTC workshop). antitrust agencies.

Private Equity 155

Private Equity Equities Investment Trading 155

JD Supra: Mergers

MAY 21, 2024

On May 13, a federal district court in Texas dismissed private equity firm Welsh, Carson, Anderson & Stowe (Welsh Carson) from an antitrust lawsuit filed by the Federal Trade Commission (FTC). The lawsuit, which was originally filed in 2023, alleged that Welsh Carson and co-defendant U.S. Anesthesia Partners, Inc.

Private Equity 167

Private Equity Equities Trading 167

The TRADE

JULY 12, 2024

Rikki Corbyn has left State Street Global Advisors (SSGA) following 11 and a half years with the firm, The TRADE has learnt. Most recently, Corbyn served as equity and derivatives trader, vice president at SSGA, focused on the EMEA region, having joined the desk in December 2016.

Equities 105

Equities Portfolio Management Trading Portfolio 105

The TRADE

JULY 26, 2024

Robert Whelan has joined Citadel as equity trader following almost eight years at Pictet Asset Management. Whelan joined Pictet AM as an equity trader back in 2016. Prior to that, he worked at Morgan Stanley, initially joining as an electronic trading associate before going on to a role as equity sales trader.

Equities 64

Equities Asset Management Electronics Trading 64

The TRADE

MARCH 4, 2024

Legal & General Investment Management (LGIM) has promoted one of its own to the role of head of US equity and foreign exchange trading, The TRADE can reveal. Gregory Corrigan has been selected to take up the reins for US equity and FX trading after eight years at LGIM.

Investment Manager 59

Investment Manager Equities Trading Management 59

The TRADE

SEPTEMBER 29, 2023

Balyasny Asset Management has appointed Harrison Chesterton as associate director within its equity finance trading division, The TRADE can reveal. Most recently he served as vice president of delta 1 and equity financing – a role he was promoted to after holding the position of assistant vice president for three years.

Asset Management 64

Asset Management Finance Finance Equities 64

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.

Trading 59

Trading Equities Risk Management Management 59

The TRADE

APRIL 16, 2024

Adaptive has partnered with Kepler Cheuvreux’s execution division KCx to develop an event-driven trading system based on Aeron and its own Hydra technology. The new system builds on KCx’s algorithmic trading capabilities by connecting its global equities trading ecosystem via a new sequencer-based technical architecture.

Trading 64

Trading Equities Architecture Collaboration 64

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. And that is exactly what the London-based trading team embodies. Every day is different, and markets are evolving at a phenomenal pace.

Equities 59

Equities Trading Collaboration Management 59

JD Supra: Mergers

MARCH 12, 2024

On March 6, the Federal Trade Commission (“FTC”), the Department of Justice’s Antitrust Division (“DOJ”), and the Department of Health and Human Services (“HHS”) (the “Agencies”) announced that they were “launching a cross-government public inquiry into private equity and other corporations’ increasing control over health care.”.

Private Equity 177

Private Equity Equities Government Corporation 177

The TRADE

AUGUST 22, 2024

Transaction Network Services (TNS) is set to expand access to US equity options with connectivity and market data support for the recently launched MIAX Sapphire Options Exchange. TNS will offer users market data and order routing access in an ultra-low-latency trading environment.

Equities 64

Equities Trading Electronics Financial Market 64

JD Supra: Mergers

MAY 24, 2024

By now you have probably heard of the Federal Trade Commission (FTC)’s rule to ban most post-employment non-compete agreements.

Private Equity 182

Private Equity M&A Equities Trading 182

The TRADE

JULY 10, 2024

Honor Woods has been appointed equity trader at RBC BlueBay Asset Management, based in London. Woods has previous experience working in the institutional equity trading team at AB Bernstein. He was recognised as a Rising Star of Trading and Execution by The TRADE at Leaders in Trading 2023.

Equities 59

Equities Asset Management Trading Management 59

JD Supra: Mergers

MAY 17, 2024

In Federal Trade Commission v. Anesthesia Partners, Inc.

Private Equity 172

Private Equity Equities Trading IT 172

The TRADE

AUGUST 21, 2024

Stifel Europe has appointed Freddie Dolcezza as a new equity trader, based in London. Prior to that, Dolcezza served as an equity dealer for nearly two years. Dolcezza announced his appointment in a social media post, asserting: “I’m delighted to announce I have joined Stifel Europe as part of their Equity Market Making team.

Equities 64

Equities M&A Media Broker 64

The TRADE

JUNE 20, 2024

Over half (54%) of buy-side respondents say that getting proper coverage from their brokers is one of their biggest pain points in their daily equity trading workflow, a new report from Coalition Greenwich has found. A quarter said they prefer a one-touch/hybrid coverage model, while 26% said it depends on the broker.

Broker 78

Broker Trading Equities Electronics 78

JD Supra: Mergers

SEPTEMBER 27, 2023

The Federal Trade Commission (FTC) on Sept. 21, 2023, sued a private equity firm in the U.S. District Court for the Southern District of Texas over an alleged decade-long "roll-up" strategy to consolidate anesthesiology practices in Texas. By: Holland & Knight LLP

Private Equity 167

Private Equity Equities Portfolio Trading 167

The TRADE

FEBRUARY 7, 2024

Macquarie Group has appointed Dylan Kluth head of equites trading for Asia Pacific, The TRADE can reveal. Elsewhere in his tenure at AMP Capital, Kluth served as senior multi-asset dealer and as an equity dealer. Kluth has been promoted to the role after serving as portfolio manager/analyst at the firm over the last two years.

Trading 64

Trading Equities Portfolio Management Media 64

JD Supra: Mergers

OCTOBER 9, 2023

At the end of September, the Federal Trade Commission sued a private equity firm, Welsh, Carson, Anderson & Stowe, and U.S. Anesthesia Partners, Inc. USAP), an anesthesia service provider in Texas, alleging that USAP and Welsh Carson drove up prices through an anticompetitive scheme to consolidate Texas anesthesiology practices.

Private Equity 161

Private Equity Equities Acquisitions Trading 161

The TRADE

JANUARY 23, 2024

Omar Darwish has joined fintech pioneer GTN as equity sales trader following a three-and-a-half-year stint at Arqaam Capital. His appointment comes as GTN continues its expansion efforts to build a comprehensive electronic trading and investment platform. The post GTN appoints new equity sales trader appeared first on The TRADE.

Sale 105

Sale Equities Asset Management Capital 105