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
"We view eToro as a clear share gainer in retail trading/investing. " Needham initiates coverage of eToro as a buy, sets price target of $80 per share The investment firm called eToro "the social network trading platform," while its price target is 16% above the stock's Friday closing price.
oneZero Financial Systems has received investment of an undisclosed sum from Golden Gate Capital as it seeks to expand its role across the global OTC asset trading market. The post oneZero receives capital boost from new investor as it seeks to expand its role within the global OTC asset trading market appeared first on The TRADE.
He joins from Jefferies where he had most recently spent five years as vice president, focused on outsourced trading and relationship management and prime sales for new launch hedge funds. Marex Marex has appointed Patterson McDonald to the prime brokerage and outsourced trading sales team.
Peel Hunt Redburn Atlantic’s head of electronic trading has left the firm to join UK investment bank Peel Hunt, as revealed by The TRADE. He replaces Nishad Vallonthaiel as head of electronic trading. He replaces Nishad Vallonthaiel as head of electronic trading. A spokesperson for Peel Hunt confirmed the move.
This segment was formed in 2019 following the combination of Global Payments and Total System Services ("TSYS") in an all-stock merger of equals to create a leading payments company with a presence in both merchant acquiring and issuer services. times multiple Global Payments trades at. times EBITDA versus the 6.5-times
The move will see Swami stepping up to position effective immediately, and he will simultaneously continue his current role as head of FX trading for APAC, which he has held since September 2019.
How did the plan come together for an around-the-clock equities trading platform? We started our business with foreign exchange when I created the company in 2019. At the time, the New York Stock Exchange or NASDAQ didn’t really have any plan to address after hours trading, so that was the gap.
Our clients will greatly benefit from Benny’s insights and expertise.” He joins Citi from ANZ Indonesia, where he held the position of head of markets for Indonesia from February 2019 to February 2025. Prior to this, Aroeman was head of sales for treasury and markets at DBS Bank in Indonesia for 12 years.
Stuart Lawrence has been appointed head of European equities trading at UBS Asset Management four and a half years after he joined the firm in June 2019. He was most recently head of UK equity trading at UBS Asset Management, having previously served as a high touch equity sales trader at Kepler Cheuvreux.
The move sees London-based Jackson departing from his role as global head of equity strategy and head of equities for EMEA, which he had held since August 2019. He has also worked in director positions with a focus on portfolio sales, analytics, and sales trading at SBC Warburg and Merrill Lynch.
The move came as reports emerged in trade journals and elsewhere that the Jello and Oscar Mayer hot dog maker has been eyeing a spinoff of its grocery business. Since its peak of $62 in 2015, Kraft Heinz shares have been cut by more than half and currently trade near $27 apiece. The unit volume was also above our expectations."
Read more – RBC BlueBay AM’s Michael Tamou departs for quantitative investment manager Qube Previously in his career, Wildenberg also worked at CACEIS as a cost transparency analyst from August 2019 to January 2022. The post Aquis Exchange executive director joins investment manager Qube appeared first on The TRADE.
He most recently served as head of equity sales and sales trading for Italian clients at Société Générale. Carollo and Strulese’s appointments follow that of Oliver Mudie, who was named head of sales trading, US client zone, KCx, last month. The post Kepler Cheuvreux makes key additions to Milan office appeared first on The TRADE.
(the "Company") against certain of its officers and directors (along with allegedly related entities) asserting breaches of fiduciary duty, insider trading, unjust enrichment, contribution and indemnification, as well as aiding and abetting. 2019-0672-AGB (Del. In Re TrueCar, Inc. Stockholder Derivative Litigation, C.A.
The exit made it easier for Berkshire to sell shares as it would no longer be subject to any trading restrictions imposed on board members. Since its peak of $62 in 2015, shares of Kraft Heinz have been cut more than half to trade around $27 apiece. "I was wrong in a couple of ways about Kraft Heinz," Buffett tells CNBC.
President of IEX Group, Bryan Harkins, highlighted the partnership’s value: “our collaboration with DataBP allows us to streamline key operational processes, so we can focus on delivering innovative solutions and value to the trading community.” IEX’s partnership with DataBP builds on their commitment to cost transparency.
For the past three weeks, the price has remained in a tight trading range between the 200-day moving average around $355 and the upper end of the price gap from early May. Last month, the weekly percentage price oscillator generated its third strong buy signal since 2019. That $355 level also represents a 61.8%
The TRADE’s Rising Stars of Trading and Execution Awards return for their eleventh year, recognising the brightest up-and-coming talent across trading and execution for 2025. The Rising Stars ceremony took on a new format in 2024 as a celebration of both 10 years of the initiative and 20 years of The TRADE.
The on-demand delivery market is expected to grow by an average of 13% a year through 2028, a slowdown from 20% annual growth from 2019 to 2023, Xu said in the report. traded shares of BingEx closed at $3.87 The segment's revenue rose by 22% from a year ago, while its net profit more than doubled to 132 million yuan.
For the past several years, CFIUS’s webpage only included two enforcement actions, one from 2018 and another in 2019. By: Torres Trade Law, PLLC Among other updates, the webpage provides information about six CFIUS penalty actions from 2023 and 2024.
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. Find previous years’ recognised shortlists here: 2022 – 2021 – 2020 – 2019 – 2018 – 2017 – 2016 – 2015.
Liquidnet has appointed Lara Jacobs as head of international client trading EMEA, The TRADE can reveal. Elsewhere in her career, Jacobs served as a summer intern at Liquidnet in 2018, before eventually joining the firm in a full-time role in 2019. This followed an internship at M&G Investments in 2017.
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%.
Trading Technologies (TT) has made three new appointments to its senior leadership team, including chief operating officer; executive vice president of fixed income; and executive vice president of futures and options – all of which will join the firm on 1 January 2024.
The US Securities and Exchange Commission (SEC) has charged TD Securities with manipulating the US Treasury cash securities market through an illicit spoofing scheme between April 2018 and May 2019. The firm was ordered to pay $6.5
As 2019 kicks off, the Cooley antitrust group highlights 10 recent developments and trends corporate counsel should be aware of – from the US Supreme Court and lower courts, the Department of Justice and Federal Trade Commission and enforcers around the world – that are likely to impact businesses this year and beyond.
Polar Capital’s head of trading Alex Jenkins has left the boutique hedge fund to join rival Millennium, The TRADE can reveal. Jenkins has been head of trading at Polar Capital for three and a half years, joining in 2019 after serving with Highbridge Capital Management for five years as its head of European trading.
Rikki Corbyn has left State Street Global Advisors (SSGA) following 11 and a half years with the firm, The TRADE has learnt. State Street Global Advisors declined to comment when approached by The TRADE. The post State Street Global Advisors equity trader and VP departs appeared first on The TRADE.
A Citadel equity trader and senior associate has left the firm to join Ilex Capital, The TRADE can reveal. According to an update on his social media, Jack Boland has joined Ilex Capital in a US equity trading and global equity capital markets role. The post Citadel trader joins Ilex Capital appeared first on The TRADE.
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.
2019 was a banner year for billion-dollar life sciences M&A transactions. A wave of big-ticket transactions by global pharmaceutical companies drove life sciences M&A activity to its fourth-largest year on record in 2019, with aggregate deal value in the pharmaceutical, medical and biotech industry reaching $234.2
In the wake of record-setting volume and value metrics in 2018, practitioners eyed the 2019 deal market with healthy skepticism. Despite a slight downward tick in momentum and overall deal statistics, 2019 remained a robust, dynamic and competitive market with tech deals outpacing other sectors in both volume and critical features.
In 2019, Nutting was nominated by her industry peers as one of The TRADE’s Rising Stars of Trading and Execution, and just four years later, she was shortlisted for The TRADE’s coveted Buy-side Trader of the Year Award. What has your journey to the trading desk been like? What drew you to trading?
The London-based trading team at Ninety One has a very particular set of skills. The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. Ninety One’s trading team consists of 17 globally with six – soon to be seven – based in London.
These funding challenges have underscored the significance of cost-effective derivative trading and the need for an efficient margin and collateral management throughout the trading lifecycle, a focus expected to persist into 2024. Regulatory emphasis on the need for centralised and transparent margin requirements is expected to continue.
With much of the post-trade industry running on legacy technology, we welcome the opportunity to partner with Caja de Valores and support the ongoing development of Argentina’s capital market.” Nasdaq first signed a deal to provide its post-trade technology infrastructure to Argentina’s Caja de Valores in 2019.
Polar Capital’s head of trading Alex Jenkins has left the boutique hedge fund to join rival Millennium later this year, The TRADE can reveal. Her new title is unconfirmed; however, The TRADE understands that it is not a trading role. The post People Moves Monday: Shifts in the trading space appeared first on The TRADE.
Next up in our introduction to the distinguished nominees for the Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist the Best Broker Electronic Trading Initiative. Jefferies Jefferies Electronic Trading (JET) offers algorithmic strategies and program trading across Europe, the US and Asia.
Deutsche Bank has avoided a €156 million fine for its participation in a bond trading cartel by revealing the activity to the regulator under the leniency programme. The fines relate to a trading cartel between the two banks in Euro-denominated SSA bonds and Government Guaranteed bonds that took place between 2006 and 2016.
UBS has 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. He took up the role on an interim basis in March.
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.
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