Remove Asset Management Remove M&A Remove Proprietary Trading
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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. The established yet agile, LMAX Group, complements FX HedgePool’s proven ability to introduce groundbreaking solutions for the modern trading desk.

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How do Banks Make Money? Explanation, Examples

Peak Frameworks

Commercial Banks: These cater to businesses, providing loans, treasury, and cash management services. Morgan, which offer services in underwriting and M&A advisory. Trading and Proprietary Trading Many large banks are involved in trading activities. The profit-making strategies differ across these banks.

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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

The onus is now on these providers to alleviate any workflow issues that may arise for buy-side firms looking to trade around the time of the cut offs – of which there are many. The idea that more trades might be settled bilaterally also increases the counterparty risk that regulators have been looking to avoid across the industry.

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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. It’s about risk management philosophy and methodology,” explains Papanichola. I could literally trade any product if I wanted to.

Trading 59
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The changing role of the buy-side in fixed income price making

The TRADE

In this environment, those still willing to make prices are choosier with who they will trade with and are likely to charge a wider bid offer spread. The proliferation of exchange traded funds (ETFs) and flows in fixed income has also enabled a more consistent approach to pricing on the buy-side.

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