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Algo advances create overlap between US equities’ single-stock and program trading

The TRADE

This overlapping distinction has been attributed to the rise of electronic execution for program trades and the increasingly sophisticated algorithms for single-stock trading, which represent a greater shift towards e-trading. Buy-side traders value the expertise and risk management capabilities of high-touch sales traders.

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Redburn Atlantic execution teams undergo redraft with four additions and three departures

The TRADE

Among the additions is Reto Meroni who has joined Redburn Atlantic’s Zurich office to build out its execution presence with Swiss accounts. In the US, Finn Maloney has joined Redburn Atlantic’s US execution team to help with the ongoing build out of its US electronic offering. Also departing are Sam Dawson and Courteney Morrison.

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People Moves Monday: Peel Hunt, Redburn Atlantic, RBC Capital Markets, Citi, and more…

The TRADE

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.

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Agentic AI Musings

Beyond M&A

For example, this was the entire UX (User Experience) to ask for the blog to be written: Hiring an agent was a novel concept, taking the Fiver and UpWork model to a different realm where the worker is electronic and doesnt pitch for the work (yet). Like ChatGPT, you need to register an account, and youre ready.

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People Moves Monday: SIX, Marex, Liquidnet and more…

The TRADE

After leaving SIX, he joined Citadel Securities as head of EMEA business development in March 2024.   Marex Serhan Eryuksel has joined Marex’s outsourced trading team, focused on sales in the UK, Europe and MENA.

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Elliott has built a stake in Global Payments. How the activist can help the company lift its share price

CNBC: Investing

It offers authorization, settlement and funding services, customer support, chargeback resolution, reconciliation and dispute management services, terminal rental, sales and deployment, payment security services, consolidated billing and reporting. Stock Market Value : $19.98B ($81.93 Global Payments is much closer to the latter.

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Buy Nvidia, Broadcom and these other underappreciated AI plays, Goldman Sachs says

CNBC: Investing

The analyst said he is most constructive on merchant and select custom silicon and electronic design automation (EDA) software vendors that are tied to ongoing AI-related spending. Analyst James Schneider issued buy ratings on Nvidia , Broadcom , Cadence Design Systems and Synopsys.