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
Bloomberg has launched a new portfoliomanager workspace in a bid to enhance its buy-side decision support solution. The offering is interactive and aimed at supporting decision-making processes through streamlining the link between analysis and portfolio implementation.
Almost two thirds (63%) of buy-side equity market participants believe outsourced desks would result in improved execution quality and trade performance when trading across regions, according to new research from Coalition Greenwich. This figure was up markedly from similar research in 2020, which had the result at 5%.
Union Investment’s Christoph Hock is set to step away from his role as head of multi-asset trading later this year to pursue an opportunity in digital assets and tokenisation within the asset management firm, The TRADE can reveal. Union is bolstering its digital assets division, The TRADE understands.
StoneX Group has appointed former head of trading at Incline Global Management, Evan Halpern, as managing director of fixed income outsourced trading, The TRADE can reveal. Throughout his career, Halpern has held trading and portfoliomanagement roles at a wide selection of firms.
Jefferies’ managing director and head of US equity distribution in Europe, Guy Trust, has left the bank after nearly a decade to join Daiwa Capital Markets Europe, The TRADE can reveal. He began his career as a junior portfoliomanager at RSA covering US equities.
Zakria Hussain has left Crédit Agricole, where he most recently served as global head of eFX spot trading, to join Nomura Group’s digital assets subsidiary Laser Digital as head of OTC trading. Liquidnet appointed Lara Jacobs as head of international client trading EMEA.
Outsourced trading, though undoubtedly a contentious topic, is something that has been around in capital markets for decades in some form or another. However, an undeniable surge has occurred across the trading sphere over the last few years, with decidedly mixed results. And the number is climbing.
Trading Technologies International (TT) appointed Gavin Miller as its new director of EMEA sales – TT Fixed Income. Prior to joining Bloomberg, Miller worked as a credit trader at Salomon Smith Barney – now Morgan Stanley Wealth Management. Redburn Atlantic appointed Lisa Christou as head of sales trading, US equities to international.
. “By leveraging the data stored within the SimCorp investment management platform and encompassing all asset classes, we secure the highest levels of accuracy and transparency,” added Ole Hansen. Earlier this year , SimCorp partnered with FlexTrade Systems to bolster its order management system (OMS) capabilities.
UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. He joined Northern Trust in 2007 and has since worked in senior roles across portfoliomanagement, client management and sales.
Around-the-clock (24/7) trading is something we already see in the foreign exchange markets and the growing cryptocurrency landscape. Some exchanges do offer pre-market and after-hours trading sessions, where limited trading activity occurs outside regular trading hours. Already in EMEA, we have six valid trading days.
The solution includes fast access to relevant new issue securities with the most up-to-date information, electronic order routing, and automatic delivery of final allocations. First, orders from various portfoliomanagers are staged and aggregated before being electronically routed to InvestorAccess.
Fixed income trading venue and data provider MarketAxess has expanded its integration with the Investortool platform for its municipal bond activity From now, MarketAxess’ offerings will be displayed on the Investortools Dealer Network (IDN) as it seeks to expand its electronic municipal trading.
The use of axes, whereby a trader’s interest in buying or selling a given security is shown, has seen continued growth over the last few years, with the data provided by them being used in various investment strategies. Over the years, buy-side use of axes has evolved significantly, with portfoliomanagers increasingly using them as well.
Instead, a combination of rising interest rates, inflation, soaring energy prices and geopolitical tensions have hit hedge funds, and subsequently the risk management practices of prime brokers.
UBS selected one of its newly acquired Credit Suisse staff to replace its retiring global head of execution services, Brent Johnson, according to an internal memo seen by The TRADE. He began his trading career at UBS in Hong Kong. Livingstone previously served as head of trading – FX and ETFs at Tavistock Investments.
AIM is Bloomberg’s buy-side order management system (OMS), which is fully integrated with the Bloomberg terminal. The service includes multi-asset decision support, portfoliomanagement, order management, trade compliance, and post-trade workflows.
Industry stalwart Dan Hinxman joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. His experience also encompasses hedge fund related roles, including futures and options trading and work on a fixed income desk.
An aggregated sector-neutral MVP score selects the companies – for a security to be selected for the index, it must be a member of the Bloomberg US large cap index (B500 index). A security must be a member of the Bloomberg US large and mid-cap index (US index) to be selected for the Bloomberg pricing power index.
A few years ago, if you said you were putting everyone’s data in the cloud, there were concerns about how to secure that. We need good, consistent data sets in order to build logic to automate and make informed decisions,” said Martin Hendry, deputy head of trading at Liontrust Asset Management.
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. As part of his new appointment, Chin will be based in New York.
They do this by setting up entire teams (“pods”) for specific sectors, having each team learn their stocks or other securities in-depth, and then trading frequently based on catalysts and changes in investor sentiment. These funds are usually multi-strategy as well.
PortfolioManagement Merchant banking companies provide portfoliomanagement services to high -net-worth individuals and corporate investors. These services include a selection of securities, portfolio monitoring and review, advice on the rationalization of portfolios, and tax planning.
Chicago-based head of US trading at Legal and General Investment Management (LGIM) Ryan Raymond has seen enough economic turmoil during his career to know what to do when markets turn volatile. Specialising in fixed income, specifically credit, Raymond has over two decades of trading experience under his belt.
Most recently, Chia was head of business integration & portfoliomanagement, technology and prior to this, worked as head of commodities specialists and execution/clearing specialists. Last month, SGX agreed to acquire FX trading platform, MaxxTrader, from FlexTrade Systems, for $125 million in a bid to further expand its FX remit.
Traditional boundaries are blurring as tools such as artificial intelligence, blockchain, and data analytics are disintermediating conventional trading workflows and enabling more efficient engagements. Relationships between the buy- and sell-side are evolving, with roles and responsibilities changing to accommodate new workflow behaviours.
But running through the Brighton born and bred Papanichola’s veins is an activist streak that has continued to influence his decisions and shape the course of his career to date, ultimately leading him to his current role as head of trading at London-based activist hedge fund, Bluebell Capital Partners.
Werner Eppacher has spent the entirety of his two-decade financial career with German asset manager DWS Group, catching his first glimpse of a trading floor as an intern for Deutsche Bank in 2003. “A This is followed by 13% being accounted for by alternatives and 12% by active equity. You had the gilt crisis.
This mechanism allows businesses and investors to manage risk by securing a certain price level, thus protecting against adverse price movements. They are traded on exchanges and used by businesses and investors to hedge risk or speculate on price movements. They provide avenues for hedging, speculation, and achieving arbitrage.
Several European exchanges are well underway with plans to bring out offerings of this ilk in the next few months The TRADE understands, while a handful of US alternative trading systems (ATS) are also preparing to make the crossing over to the Bloc to replicate the progress they have achieved in the US.
As trading of these assets has become easier and market conditions are predicted to fall in line, the industry has seen a swathe of new EM-focused hires, increased attention paid to developing markets’ performance, and enhanced offerings from providers. “EM is a mosaic of sub-asset classes rather than a unified universe.
The service provider landscape for outsourced trading is made up of an eclectic mix of firms. Trading is in their DNA and their executives are often straight-to-the-point in their communication. Trading is in their DNA and their executives are often straight-to-the-point in their communication.
Example The Trading Perspective Of Interest Rate Swap Uses Swap Rate Swap Curve Who Are The Market Makers? Interest rate swap agreements require terms setting, including fixed rates and contract dates, and are traded over the counter. The interest rate swap works as an amazing portfoliomanagement tool. every month.
“Year-to-date, we’re seeing for the first time in many years a notable uptick in new fund launches and spin outs from bigger places,” says Jack Seibald, managing director, co-head of Marex prime services and outsourced trading. They are now trading in all these other asset classes. billion in 2023.
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.
Termination Event : the earliest date to occur amongst: shareholder approval of a Company Transaction, one year from the date their first 13D was filed, a violation of securities laws (for example, insider trading which is a heightened risk in the context of a tender offer), a material breach of the agreement by either Senator or Cannae.
Trade Surpluses – Some countries, like Singapore, are not rich in commodities but serve as trade hubs and generate significant revenue from these activities. Some SWFs operate like long-only asset managers (i.e., and supporting your PortfolioManager ’s ideas and requests.
Speaking to The TRADE last week, Paul Humphrey, chief executive of BMLL, explained that these recent moves had come in response to client demand for enhanced coverage. The JV – big xyt ecosystems – is set to offer the Trade Explorer data platform, recently launched in South Africa, to financial centres globally.
TD Securities has named Greg Levett, Neil McKay and David Abraham as the new managing directors of its event driven sales and trading team, with all three new hires transferring from BTIG. The post TD Securities acquires BTIG event-driven trading team appeared first on The TRADE.
He has previous experience across multi-asset trading and his past roles include stints as a multi asset trader at Manulife Investment Management and BNP Paribas Asset Management. Mark Cleary joined GBM Securities as managing director, head of equities following two and a half years at BCS Global Markets in the same role.
During her tenure at Morgan Stanley, Goldie most recently served as a trader, a position she held for over a year, having previously worked as a portfoliomanagement associate. Elsewhere in her career, Goldie held various portfoliomanagement-related roles at Eaton Vance.
The TRADE is thrilled to announce that Natasha Cocksedge has joined the team as a reporter, effective 7 April. Annabel Smith, editor of The TRADE, said: Im delighted to welcome Natasha to our editorial team. Previous experience also includes stints reporting for: The Londoners, ENDS Report, and The Farnham Herald.
Developed for the Fixed Income Clearing Corporation’s (FICC) Government Securities Division (GSD), the calculator functionality offers users estimated calculations of potential cross-margining reductions at FICC as well as other enhancements.
Looking at trading activity on our platform alone, average daily volume in 2024 across Tradeweb Markets was 55.8% Looking at trading activity on our platform alone, average daily volume in 2024 across Tradeweb Markets was 55.8% A good example of this approach is our Trade at Close functionality.
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