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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.

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Proprietary traders prioritising FX as rising costs lead firms to trade fewer products and markets

The TRADE

Will Mitting, founder of Acuiti, said: “Proprietary trading firms are looking ahead to 2024 with optimism and planning expansion and increased investment. However, exchange costs are an increasing burden for many firms, which are trading fewer products and markets than they would if fees were lower.”

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Prop trading firms turn to Middle East as they consider leaving Europe in the wake of IFPR

The TRADE

In May, the quarterly Acuiti Avelacom survey found that around 50% of prop trading firms were considering moving operations out of European markets due to complexity around the Investment Firms Prudential Regime (IFRD). Both the US and Switzerland were popular amongst lower latency trading firms, said Acuiti.

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Euronext continues investment in clearing business with 50 new hires

The TRADE

Euronext is approaching the end of a two-year hiring spree for its new clearing business as it continues to invest in the division as a core pillar of its future strategy. That’s a long-term investment.” The post Euronext continues investment in clearing business with 50 new hires appeared first on The TRADE.

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Investment Banking – Meaning, Functions and More

Razorpay

These banks are called investment banks. Let’s take an in-depth look at what an investment bank is, and how businesses benefit from them. What is Investment Banking? Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting.

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Asia-Pacific holds untapped derivatives trading potential if local regulatory and counterparty challenges can be overcome

The TRADE

Derivatives volumes in Asia-Pacific (APAC) are growing at a considerable rate – contrasting declines in Europe and marginal growth in the US – presenting increased opportunities for European proprietary trading firms and hedge funds. Trading Technologies has long recognised the tremendous trading opportunities in the APAC region.

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Millennium Advisors launches Singapore office

The TRADE

Fixed income proprietary trading firm Millenium Advisors has opened a new office in Singapore as it continues its expansion across Asia. Announced on social media, the move was described as marking “a significant milestone in Millennium Advisors’ growth, reinforcing [its] commitment to the APAC region”.