Remove Asset Management Remove IT Remove Proprietary Trading
article thumbnail

The TRADE’s most read stories of the year part three: Regulation, consolidation and resignation

The TRADE

Perpetual merges regional asset management businesses under one global umbrella At number two in our most read stories series, we have the announcement that Perpetual Group had merged its regional assets management businesses to form one global division in August.

article thumbnail

LMAX Group acquires FX HedgePool

The TRADE

LMAX Group has acquired FX HedgePool as it seeks to expand its FX offering and build into a global cross-asset marketplace.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fireside Friday with… Nasdaq’s Valerie Bannert-Thurner

The TRADE

On the buy-side, Nasdaq has different solutions across long-onlys, typical asset managers, proprietary trading firms, and they’re all cloud enabled or available as test services with very regular updates. The key to that is partnerships and technology.

article thumbnail

How do Banks Make Money? Explanation, Examples

Peak Frameworks

Trading and Proprietary Trading Many large banks are involved in trading activities. This can be trading on behalf of their clients (like when you buy a stock through a bank's brokerage service) or proprietary trading where banks invest their own money. Let’s dive into the primary sources.

Bank 52
article thumbnail

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

The TRADE

While fingers of blame are being pointed in each direction, the bottom line is asset managers are now facing operational challenges, the notion of pre-funding trades and balancing settlement security with best execution obligations.

Trading 64
article thumbnail

Keeping ESG commercial

The TRADE

It was then that he moved onto the proprietary trading desk at the bank, mentored by former head trader at Moore Capital, Joe Cardello, and Jim Byrd, global head of macro trading at RBC. “My My key takeaway from those guys was that the core foundation of trading isn’t about buying and selling.

Trading 59
article thumbnail

Elliott Picks Apart SEC Case on Disclosures

The Deal

Amid the hundreds of comment letters the SEC received applauding draft regulations seeking to require faster public disclosure by activist hedge funds, Elliott Management Corp. , Sandell Asset Management and Marcato Capital, two members of the SharkWatch 50, were closed in 2019, The Deal previously reported.