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Arqaam Capital launches new Middle East and North Africa focused proprietary trading tool for European clients

The TRADE

Emerging markets broker Arqaam Capital has launched a new proprietary trading infrastructure tool, ArqNET, aimed at enabling European institutional clients to trade faster in Middle East and North Africa (MENA) markets. Looking ahead, ArqNeT’s coverage is also set to be further expanded to other regions in the near future.

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SEC greenlights MIAX’s August launch of new taker-maker US options venue

The TRADE

“The SEC’s approval of MIAX Sapphire represents a significant milestone for MIH as we execute on our strategy of operating exchanges built using our proprietary trading technology designed to support the high performance demands of the US derivatives industry,” said Douglas Schafer Jr.,

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

The TRADE

Coming in at number one with over 70,000 views was news in August that the US Securities and Exchange Commission (SEC) had moved to expand the remit of national securities associations such as the Financial Industry Regulatory Authority (FINRA) to cover previously exempt proprietary trading firms.

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Elliott Picks Apart SEC Case on Disclosures

The Deal

The Deal reviewed a large cross-section of letters and most, including corporate and retail lobbyists, supported faster disclosure as a means of helping out small investors who, in the words of one supporter, are disadvantaged by “information asymmetry.” Elliott, one of the most prolific activist investors in the U.S.

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Elliott Picks Apart SEC Case on Disclosures

The Deal

The Deal reviewed a large cross-section of letters and most, including corporate and retail lobbyists, supported faster disclosure as a means of helping out small investors who, in the words of one supporter, are disadvantaged by “information asymmetry.” Elliott, one of the most prolific activist investors in the U.S.

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Keeping ESG commercial

The TRADE

It was then that he moved onto the proprietary trading desk at the bank, mentored by former head trader at Moore Capital, Joe Cardello, and Jim Byrd, global head of macro trading at RBC. “My My key takeaway from those guys was that the core foundation of trading isn’t about buying and selling.

Trading 59
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The changing role of the buy-side in fixed income price making

The TRADE

They also come bundled up with tools offered by venues such as artificial intelligence-based predictive composite pricing which combines consolidated data sources with valuable trading data harvested on their platforms to offer users a more accurate reflection of where instruments are pricing.

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