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
Digital Asset’s blockchain network Canton has completed a pilot involving a large group of major investment banks and assetmanagers demonstrating interoperability of independent distributed ledger applications (dApps) in the capital markets domain.
Singapore-headquartered fund manager APS AssetManagement has adopted order and investment management technology solution, Bloomberg AIM, to automate its post-trade workflows. The post Bloomberg AIM adopted by APS AssetManagement to automate post-trade workflows appeared first on The TRADE.
MergersCorp, a distinguished global advisory firm specializing in Investment Banking and cross-border Mergers and Acquisitions (M&A), today announced the launch of its highly specialized advisory service dedicated to the divestiture of businesses regulated by the Swiss FinancialMarket Supervisory Authority (FINMA).
As a result, policy makers have been urged to ensure that the European Union will maintain its competitiveness in the global fixed income markets, alongside preserving and potentially expanding existing liquidity in EU bond markets, which in turn will continue to ensure issuers have an effective way to finance their investment needs. “It
State Street Global Advisors and Galaxy AssetManagement have unveiled a new collaboration aimed at bringing investors digital asset-based strategies, offering key exposure to companies involved in the digital asset space. trillion digital asset landscape through manager-directed strategies. “We
The ‘cloud strategies in financial services’ survey includes insights from financial firms across the industry, including banks, private equity, investment management, assetmanagement; broker dealers, hedge funds, pension funds, and more.
Speaking to The TRADE, Timothee Consigny, chief technology officer at H2O AssetManagement, asserts that there is a definite place for artificial intelligence within capital markets and the time for adoption is now. A reminder perhaps that caution is our best friend when it comes to technological innovation.
Historically, monitoring corporate actions has been a highly labour-intensive process, costing the back-office departments of assetmanagers and investment banks significant time and money.
Sumitomo Mitsui Trust AssetManagement has adopted DTCC’s Institutional Trade Processing (ITP) suite of services in a bid to enhance its offering as the US shift to a T+1 settlement cycle fast-approaches, scheduled for 28 May. We are happy to collaborate with the wider industry to bring accelerated settlement to our clients.”
One of the stories of the financial crisis is that the bankers that ran big institutions, who had billions entrusted to them, and who projected the air of masters of the universe were in fact buffoons incompetent at anything other than organising their own bonus. And most importantly you could not trust that you were getting your money back.
In the ever-evolving landscape of financialmarkets, the emergence of digital assets has resulted in a paradigm shift as conventional notions have been challenged and new players have emerged along with a reshaping of the way in which financial systems are perceived and interacted with.
Outsourced trading solutions firm, Tourmaline Partners, has hired three new seasoned financialmarkets executives as managing directors to help strengthen its global trading capabilities, The TRADE can reveal. The post Tourmaline undergoes hiring surge as part of European expansion appeared first on The TRADE.
Non-profit member organisation for the equity marketplace, Plato Partnership, has added global market maker and liquidity provider Optiver as a sell-side member. The addition of Optiver marks a significant milestone for the partnership as it becomes the first market-making company to join as a full member.
Auto execution RFQ trading is one solution to ensure speed of execution in stressed market conditions with the benefit of better serving the clients while meeting compliance requirements to ensure high quality of execution. Innovation across the whole financialmarket is a matter of fact with its impact perceived across asset classes.
Additional responsibilities will include bringing to market DigitalAssetClear and its subsequent development, after recent regulatory approvals. Prior to joining LCH, Robinson held roles within JP Morgan’s investment banking and assetmanagement divisions and the Commonwealth Bank of Australia’s financialmarkets division.
EU assetmanagers, banks and brokers are urging policy markets not to succumb to pressure that could potentially lead to suboptimal outcomes in the Markets in Financial Instruments Directive (Mifid/r) review.
Cboe Global Markets has expanded its collaboration with FTSE Russell to drive product innovation in the digital assets space. The post Cboe and FTSE Russell collaborate to innovate digital asset derivatives appeared first on The TRADE.
Samuel Henderson, EMEA equities head trader, Invesco I predict we will see increased flows into international equities and active management coming back into vogue amidst a rise in earnings and macro volatility. Traders will need different tools as well as the counterparties to navigate.
Now in its second year, this award is designed to celebrate those individuals who have made a significant impact on their own organisation and, equally, the industry externally, with a commitment to bettering and future proofing the markets for years to come.
Citadel Securities Needing little introduction, Citadel Securities, is one of the largest market makers in US Treasuries and USD interest rate swaps globally, and serves an extensive list of financial institutions, including: banks, assetmanagers, pension funds, hedge funds, central banks, and sovereign wealth fund.
State Street selected one of its own to head up its global markets business for continental Europe. Dagmar Kamber Borens was appointed head of global markets for the region for State Street Bank International (SSBI). In her new role, she will be responsible for global markets strategy in continental Europe.
The Securities and Exchange Commission (SEC) has allowed its no-action letter to the Securities Industry and FinancialMarkets Association (SIFMA), based on enforcements surrounding research services, to expire – reinforcing that it was not intended to be permanent solution.
Balraj Bassi, co-founder and chief executive officer, Tradefeedr Data analytics in financialmarkets has reached the point where clients have access to complete global data sets, and we see 2024 as the year where this will drive change in how counterparties interact and in automating trading workflows.
Chalkley brings more than three decades worth of financial services to the role, in both portfolio management and rates sales. Before joining RBC, Chalkley spent 11 years at NatWest Markets. Prior to NatWest Markets, Chalkley held similar positions at Nomura, Citi and Morgan Stanley.
As the market increasingly turns its attention to FX hedging, not only is the market hedging more (an overhang reaction to last year’s highly volatile market), but the strategies around FX hedging are also undergoing change as participants take an increasingly proactive approach.
While fingers of blame are being pointed in each direction, the bottom line is assetmanagers are now facing operational challenges, the notion of pre-funding trades and balancing settlement security with best execution obligations.
RBC BlueBay AssetManagement The market is already pricing in rate cuts in Q1 although I, along with many others, don’t believe they will begin before the end of H1. It will be more important than ever to support government bond liquidity in the current high interest rate environment and ongoing volatile markets.
How impactful could Generative AI be in financialmarkets? Has market sentiment towards AI changed? It is crucial to acknowledge those fears because of the inherent risks associated with this technology, which underscores the need for clear guidelines to manage it effectively.
On the other hand, foreign exchange – the largest financialmarket in the world – benefits from the fact that trading is not limited to one central location but is instead conducted between participants by phone and electronic communication networks (ECNs) in a wide range of markets globally.
The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. And sitting on its global trading desks are a pod of traders known for their ability to interact with some of the most inaccessible financialmarkets around the world.
What are the key drivers behind assetmanagers’ move towards multi-asset trading and what benefit can this provide? Stephane Marie-Francoise Marie-Francoise: Everything starts with the desire from the investment team to develop a multi-asset class strategy offering. The impact can obviously vary depending on the context.
In the second quarter, Deutsche Bank’s assetmanagement business DWS saw more than nine billion euros in net inflows, which were primarily in passive and alternative investment products, according to the business. Equities AuM remained consistent at 12%, unchanged since last year.
For example, if trades head into the US close, non-US assetmanagers could be left with a tiny window to get an equity trade matched and FX trade generated and then executed into the market. Will FX markets also change to T+1 e.g., EUR-USD and USD-DKK? Alternatively, desks have the option to outsource FX all together.
It’s about risk management philosophy and methodology,” explains Papanichola. During that period of my training, I was actively taking positions, taking risk, fundamentally managing a portfolio of sorts in macro products.” Both [Cardello and Byrd] were incredibly patient with me.
Investment Banking: Job Functions Wealth managers advise individuals on their investments and may provide other services, such as tax and estate planning. These individuals are usually “high net worth” (HNW), meaning an average of $5 – $10 in assets, but it could be as low as $1 million.
The buy-side are “aware and worried” as the US shift to T+1 looms closer and the testing phase begins globally, a panel held by the Association for FinancialMarkets in Europe (AFME) has said. Panellists raised concerns over FX, settlement fails, and potential regulatory hurdles during the webinar held by AFME on 27 June.
However, I think a key area – informed by the kind of volatility we experienced earlier in the year – is the increased adoption of the Request-for-Market or RFM protocol in markets where Request-for-Quote (RFQ) used to be the dominant mechanism. Therefore, by nature, the RFM protocol minimises information footprint during the auction.
Over the past two decades, several critical financialmarket regulations have been implemented globally, particularly in response to the 2008 Global Financial Crisis (GFC). The years following 2008’s GFC experienced continued financial regulatory reform.
Cboe Global Markets Cboe Global Markets makes another appearance in this award category shortlist for 2023, following its win at last year’s Leaders in Trading awards gala. The exchange has continued to drive innovation within financialmarkets by extending its remit through various product launches.
According to the panel, it is through making more information available that the transparency of the market will be enhanced. The role of prime brokers and global custodians is also set to be addressed in this vein with an end goal of allowing market participants better access to data and ultimately, better execution.
Following almost ten years at ING bank, market structure expert Stephane Malrait joined Etrading Software as chair of its industry stakeholder group (ISG) on the consolidated tape (CT), as revealed by The TRADE. As part of the role, effective 20 Janauary, he will be charged with ensuring user needs are fully represented in the CT.
Our members tell us their industry is adapting to the pressures from indexation, prompting strategic mergers to achieve scale, and diversification into asset classes such as fixed income, derivatives, interest rate products, energy and commodities. The dominant delivery mechanism for this liquidity will be electronic and automated.
Additionally, the research, which was produced in collaboration with Clearstream, The Depository Trust and Clearing Corporation (DTCC) and Euroclear, pointed to the complexity of Europes move to T+1, as a result of higher quantities of financialmarket infrastructures (FMIs), regulators, markets involved across the continent.
Beginning his career in 1990 as an FX dealer at Bank of America in Sydney, Grady has spent almost four decades working in financialmarkets across the globe. After two years in his first role, Grady moved to Bankers Trust AssetManagement where he spent four and a half years as an international equity dealer also based in Sydney.
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