Remove 2024 Remove Equities Remove Proprietary Trading
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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.”

Trading 81
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Euronext agrees to sell LCH SA stake for €111 million as part of ongoing clearing migration

The TRADE

Euronext Clearing will be the preferred clearing house for Euronext’s cash equities markets, however for other trading services for derivatives, commodities futures and repo clearing, the preferred clearing model does not currently exist and so Euronext Clearing will clear all of the flow.

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Euronext continues investment in clearing business with 50 new hires

The TRADE

For cash equities, Euronext Clearing will be the preferred clearing house for Euronext’s markets, however for other trading services for derivatives, commodities futures and repo clearing the preferred clearing model does not currently exist and so Euronext Clearing will clear all of the flow.

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Avelacom enhances low latency service offering following authorisation from Brazil Stock Exchange

The TRADE

Through RCB’s connectivity method, Avelacom has gained access to all of B3’s markets, including equities, derivatives, digital assets, and OTC. It also opens the door to the exchange’s post-trade and testing environments.

Stock 64
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The Big Interview: David McAnany

The TRADE

I have also worked on different types of trading desks ranging from full-franchise to proprietary trading. This can be addressed via regular and consistent analysis of client request/trading data. What changes in market structure are you most conscious of for 2024? I have seen many significant moments in history.

Trading 52
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Inside the FX cut-off conundrum sparking animosity between the buy-side, CLS and custodians as T+1 looms

The TRADE

Tension is lingering between non-US traders, custodians and CLS over FX deadlines ahead of the rollout of T+1 settlement for equities in North America next week, with frustration and confusion over cut-offs leading to ongoing worries of increased risk for the buy-side. CET – would take “considerable time to implement”.

Trading 64
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Unpacking the 20 most impact financial regulations from the last 20 years

The TRADE

These measures included mandates for constraints on proprietary trading (known as the Volcker Rule), and enhanced supervision of derivatives markets, as well as increased capital reserves. A key aspect of Mifid II, is the expansion of transparency requirements, namely in the trading of financial instruments.