The TRADE

MARCH 6, 2024

Paul Battams has been named head of international equity trading at BlackRock following 23 years with the firm according to an announcement on social media. Prior to joining Barclays as equity derivative trader in 2009, Battams was an equity trader at Barclays Global Investors for 11 years.

Equities 77

Equities Trading Media Investors 77

The TRADE

JULY 23, 2024

Lara Jacobs has been appointed vice president – equities electronic trading coverage at JP Morgan following six years with Liquidnet. She most recently served as head of international client trading, EMEA. Prior to this she worked as a market structure and strategy analyst before moving onto a role as equity trader.

Equities 68

Equities Trading Electronics Debt 68

The TRADE

NOVEMBER 20, 2024

The TRADE is delighted to announce the winners of our inaugural Leaders in Trading New York awards, with the recipients honoured at a ceremony held last night at Chelsea Piers, New York. Elsewhere within the buy-side category, Balyasny Asset Management took home the award for Trading Desk of the Year, while T.

Trading 58

Trading Asset Management Capital Market Capital 58

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 74

Trading Equities Electronics Shares 74

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 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 71

Electronics Equities Trading Sale 71

The TRADE

SEPTEMBER 4, 2024

Vincent Hall has joined Citi as an equity trader following two years at Citadel where he served in the same role. He returns to Citi after four years, having previously worked at the firm as associate vice president in emerging markets equity trading. Elsewhere in his career, Hall has also worked at BlackRock as an associate.

Equities 102

Equities Trading Electronics Sale 102

The TRADE

NOVEMBER 1, 2024

The TRADE is excited to announce the Rising Stars of Trading and Execution North America for 2024 – a celebration of up-and-coming talent on the buy-side. This year, The TRADE celebrated 10 years of the Rising Stars of Trading and Execution initiative, and we are delighted to be extending the initiative to North America!

Trading 105

Trading Asset Management Management Investment 105

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 Capital Trading 182

JD Supra: Mergers

SEPTEMBER 25, 2023

Federal Trade Commission (“FTC”) antitrust lawsuit against a private-equity owner of a large anesthesiology practice in Texas demonstrates that the FTC has begun to implement its more aggressive focus on the perceived competitive harms caused by certain “roll-up” acquisition strategies. A recent U.S.

Private Equity 167

Private Equity Equities Acquisitions Trading 167

TechCrunch: M&A

OCTOBER 17, 2024

Website builder Squarespace is no longer a publicly traded company, after private equity firm Permira procured all remaining common stock in the firm. Permira first revealed plans to acquire Squarespace back in May, offering shareholders in the NYSE-traded company $44 per share — this equated to an equity valuation of $6.6

Private Equity 296

Private Equity Acquisitions Public Trading Valuation 296

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

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 118

Trading Asset Management Equities Investment Manager 118

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 Equities Trading 52

The TRADE

OCTOBER 24, 2024

Order and/or execution management systems (OEMS) Kicking off this whistle-stop summary as the number one most impactful innovation in the industry is the order and/or execution management system (OEMS) – the beating heart of trading desks around the world. CLS Coming in at number three is the multi-currency settlement system, CLS.

Trading 119

Trading Investors IT S&P 119

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

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 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

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 68

Sale Equities Trading Asset Management 68

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

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 63

Electronics Capital Market Trading Equities 63

JD Supra: Mergers

NOVEMBER 8, 2024

The Federal Trade Commission (FTC) and the Department of Justice (DOJ) recently announced significant changes to the Hart-Scott-Rodino (HSR) premerger notification rules – including changes to the HSR form and associated instructions.

Private Equity 167

Private Equity Equities Mergers Trading 167

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

The TRADE

NOVEMBER 7, 2024

BlackRock’s head of electronic trading and market structure for EMEA, Daniel Mayston, has left the asset management giant, The TRADE can reveal. The TRADE understands it is outside of trading. His responsibilities will be transferred to other members of the global trading team at BlackRock, The TRADE understands.

Electronics 52

Electronics Trading Equities Asset Management 52

The TRADE

NOVEMBER 12, 2024

Named SmartDark, the equities algorithm is designed to enhance institutional execution by prioritising order routing to venues with larger executions and better price stability. The post Liquidnet launches new equities liquidity seeking algorithm appeared first on The TRADE.

Equities 68

Equities Trading Broker Sale 68

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 63

Asset Management Finance Finance Equities 63

The TRADE

OCTOBER 21, 2024

The TRADE is delighted to announce the shortlisted nominees for the Industry Person of the Year Award 2024. Last year, Goldman Sachs’ chief operating officer for EMEA equity execution services Eleanor Beasley took home the Industry Person of the Year Award in a landslide victory.

Trading 98

Trading Equities Financial Market Advisory 98

The TRADE

OCTOBER 25, 2024

As equity traders continue to seek ever more innovative ways to bolster their offerings, the rise of Alternative Trading Systems (ATSs) has followed – currently executing around 16% of all US equity volume. This huge number is understandable given the significant amount of all US equity volume being executed on ATSs.

Trading 68

Trading Equities Broker Asset Management 68

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

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 58

Investment Manager Equities Trading Management 58

The TRADE

NOVEMBER 20, 2024

Global head of equity trading at Janus Henderson, Dan Royal, accepted a Lifetime Achievement Award from The TRADE last night at the first ever Leaders in Trading New York awards ceremony. Beginning his career in 1984 as an FX trading manager at Cargill, based in Chicago, his career spans four decades.

Trading 52

Trading Advisory Equities Asset Management 52

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 58

Equities Trading Risk Management Management 58

The TRADE

NOVEMBER 8, 2024

The TRADE is delighted to announce the winners of this year’s Leaders in Trading awards, with the recipients honoured at a ceremony held last night at The Savoy, London. Keeping it within the family, M&G Investments also took home the award for Trading Desk of the Year.

Trading 58

Trading M&A Investment Manager Investment 58

The TRADE

OCTOBER 22, 2024

Mark Cleary has joined GBM Securities as managing director, head of equities following two and a half years at BCS Global Markets in the same role. Before moving to BCS Global Markets, Cleary was managing director, head of sales trading at BCS Financial Group. London-based Cleary has extensive experience working in trading positions.

Equities 63

Equities Sale Trading Capital 63

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