The TRADE

OCTOBER 18, 2023

Louis de Kock is set to depart J O Hambro Capital Management in the coming weeks, with Adam Simmons taking over as head of trading, The TRADE can reveal. The group also includes the asset management bands: Perpetual, Pendal, Barrow Hanley, Regnan, Trillium and TSW.

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The TRADE

JULY 13, 2023

The US move to T+1 settlement was passed through in a bid to increase the efficiency of market operations, however an Acuiti report has stated that 53% of asset managers believe that the move will not make US equities more attractive. Just 29% answered that DTO had not had an impact on their trading patterns.

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The TRADE

SEPTEMBER 20, 2023

The TRADE is delighted to announce the shortlisted nominees for this year’s Outsourced Trading Awards, a new category set to be presented at our annual awards gala in November alongside our other prestigious awards. For more information and to secure your spot at the event, visit our event page.

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The TRADE

JULY 19, 2024

What is driving the purported ‘comeback’ of traditional asset managers? This alone was enough to make institutional asset managers wary of making moves. However, macroeconomic uncertainty, particularly due to historic inflationary pressures and rising yields, kept traditional asset managers cautious.

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The TRADE

JANUARY 2, 2024

Eric Heliene, head of buy-side trading desk, Groupama Asset Management  The intensification of financial regulation is a fundamental trend transforming the asset management ecosystem. Beyond T+1 and Mifid II, the overall increase in regulatory requirements presents significant organisational and technological challenges.

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The TRADE

NOVEMBER 30, 2023

Over the last few months, the market has seen two of the most prominent fixed income trading venues expand their service offerings through acquisitions of algorithmic trading providers. In August, MarketAxess revealed plans to acquire multi-asset algorithmic trading provider, Pragma, for an undisclosed amount at the end of this year.

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The TRADE

APRIL 23, 2024

When asked to assess how to ensure future resilience in an ever-changing market, Lynn Challenger, global head of trading and order generation at UBS asset management, made his case for a new perspective – buying before building. The notion of architecture over functionality, he explained, is linked to the future-proofing.

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The TRADE

DECEMBER 27, 2023

Marex to acquire Cowen’s prime brokerage and outsourced trading business from TD At number ten was a story broken by The TRADE in September, news that Cowen’s prime brokerage and outsourced trading business had been acquired by Marex just six months after TD completed its purchase of the business. He will report to Blatch.

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The TRADE

FEBRUARY 22, 2024

Therefore, governance is key to ensure that the trust our investors have in us as an asset manager can be fulfilled.” Impacts on infrastructure Market infrastructure is being reshaped by digital assets through the introduction of new methodologies for ownership, transferability and transparency.

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The TRADE

AUGUST 7, 2024

Outsourced trading, though undoubtedly a contentious topic, is something that has been around in capital markets for decades in some form or another. However, an undeniable surge has occurred across the trading sphere over the last few years, with decidedly mixed results. And the number is climbing.

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The TRADE

NOVEMBER 13, 2024

The world of trading, and investment generally, is littered with the remnants of now-redundant solutions once thought to be the ‘future’ of the industry. But what does the persistent evolution of AI mean for capital markets specifically? A reminder perhaps that caution is our best friend when it comes to technological innovation.

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Mergers and Inquisitions

MARCH 8, 2023

But a few related areas, such as commodity desks at banks, commodity trading advisors (CTAs), and physical commodity trading shops could put up a good fight for that “most cyclical” title. We should also step back and define “commodities” and “commodity trading” since they’re massive areas.

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The TRADE

OCTOBER 23, 2023

What are the benefits of merging trading across asset classes? The key benefits of merging the trading function to be multi-asset have to come down to efficiency and scale, both as it relates to the execution of trades but also on how the trader operates when observing markets, providing market colour and looking at data.

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The TRADE

JANUARY 2, 2024

RBC BlueBay Asset Management equity trader, Michael Tamou, has left the asset manager to join Qube Research & Technologies (QRT), The TRADE can reveal. He originally joined the asset manager as an investment operations analyst in 2020.

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The TRADE

JULY 17, 2023

Around-the-clock (24/7) trading is something we already see in the foreign exchange markets and the growing cryptocurrency landscape. Some exchanges do offer pre-market and after-hours trading sessions, where limited trading activity occurs outside regular trading hours. Already in EMEA, we have six valid trading days.

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The TRADE

AUGUST 15, 2023

The TRADE’s Rising Stars Awards return for their ninth year, recognising the brightest up-and-coming talent across trading and execution for 2023. In partnership with Instinet, nominations are now open for candidates currently working in a trading role with a buy-side firm. Further details of the event can be found here.

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The TRADE

NOVEMBER 1, 2024

What are the prominent trends are you seeing in the outsourced trading space? There has been a shift in the size and scale in the types of managers that we’re talking to. We did a survey on about 300 global asset managers and one of the main themes that came out of that was around outsourcing.

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The TRADE

JANUARY 17, 2024

In 2019, Nutting was nominated by her industry peers as one of The TRADE’s Rising Stars of Trading and Execution, and just four years later, she was shortlisted for The TRADE’s coveted Buy-side Trader of the Year Award. That same year, she was recognised by The TRADE and the industry as a Rising Star of Trading and Execution.

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The TRADE

FEBRUARY 15, 2024

Non-deliverable forwards (NDFs) have not always gone hand in hand with algorithmic trading, but in light of recent market developments, this could be about to change. The instruments have been pegged by the buy-side as the next frontier when it comes to algorithmic trading efforts in the foreign exchange (FX) markets.

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The TRADE

FEBRUARY 2, 2024

Major asset managers, ourselves included, have traditionally favoured partnerships with banks known for their research and presence in a particular region. Recent trends highlight an increasing demand from asset managers, fast money, and quant funds, expediting the transition toward electronification in NDF markets.

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The TRADE

SEPTEMBER 15, 2023

Delving into the set-up of multiple asset trading desks, panellists highlighted the pros and cons of each methodology and the key considerations to bear in mind as the market develops – notably reflections as regards data and liquidity.

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The TRADE

JUNE 19, 2024

Liquidnet is set to roll out the second phase of its derivatives analytics suite in the next few weeks, The TRADE can reveal. It’s not so much that post-trade piece but more of a point of trade process as well.” Already brought to market, phase one includes volume and liquidity information.

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The TRADE

AUGUST 14, 2023

What has your journey to the trading desk been like? I’ve always worked in the asset management industry, starting my first job at 18 with Scottish Amicable Investment Management in Glasgow. From the banking team at Scot Asset Management, I moved firms in 1999 to take up a role in trade settlements.

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Accenture Capital Markets

JANUARY 22, 2024

The challenge of proving green credentials This growing scrutiny also presents questions for green bonds. Investor appetite for such investments is rapidly increasing, as banks, asset managers and large corporates all seek ways to invest in sustainability. And it’s not just investors who want this proof.

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The TRADE

JULY 30, 2024

In recent years, exchange-traded funds (ETFs) have undergone significant evolution, shifting from simple passive investment instruments to more versatile tools that help reinforce a range of strategies. However, huge disparities exist between trading volumes in the US and Pan-European markets. In Europe, ETFs accounted for $782.9

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The TRADE

JANUARY 3, 2024

The service provider landscape for outsourced trading is made up of an eclectic mix of firms. Trading is in their DNA and their executives are often straight-to-the-point in their communication. Trading is in their DNA and their executives are often straight-to-the-point in their communication.

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The TRADE

JUNE 2, 2023

Since the introduction of Mifid I and II and the subsequent rise of MTFs and other alternative trading venues, we’ve seen a huge drift towards market fragmentation. Firstly, getting your broker and trade strategy right from the outset. What are the key pain points associated with accessing liquidity and how do you navigate this?

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The TRADE

OCTOBER 12, 2023

At a headline level, a shift to T+1 doesn’t immediately sound the alarm bells for FX markets, given a large portion of funding FX is already traded this way. Another key question though, is if we can access the liquidity we need to get the trade done – at what sort of spreads will this be?

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The TRADE

AUGUST 22, 2023

The short-term bridge financing from Rock is planned to be presented at a future EGM and would reportedly replace their previously proposed bridge financing. UK asset manager Liontrust conditionally agreed to acquire its Swiss competitor GAM Holding for £96 million in May, following murmurs of the deal in April.

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The TRADE

MARCH 8, 2024

What has your journey to the trading desk involved? What drew you to trading? I graduated university in 2021 with a degree in modern languages and started on a graduate scheme that gave me a great overview of the various aspects of a trading role. What makes a successful multi-asset trader?

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The TRADE

OCTOBER 11, 2024

At a high level, I think that most teams are pretty excited about the prospects of AI and the opportunities that it presents. The post Fireside Friday with… Balyasny Asset Management’s Charlie Flanagan appeared first on The TRADE. How is the capital markets sphere reacting to the increasing presence of AI?

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Mergers and Inquisitions

MAY 24, 2023

I’ll do a deep dive into the entire space in this article, including the top funds, example trades, recruiting, exit opportunities, and more. Jacobs is a moderate-growth, moderate-margin company in the professional services space, currently trading at 1.2x revenue and 11.5x EBITDA multiple , matching its own.

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The TRADE

AUGUST 2, 2024

On a trade-weighted basis, we expect a decline of some 2% per year through to 2029. Assets that are negatively correlated to the dollar should account for a larger share of portfolios. What are the key macro themes that impact the strategies you are recommending to investors?

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The TRADE

JULY 6, 2023

Speaking to the key considerations for the European buy-side community, Susan Yavari, regulatory policy advisor – capital markets at European Fund and Asset Management Association (EFAMA) highlighted that identifying potential pain points is the overarching focus.

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Mergers and Inquisitions

MARCH 27, 2024

Outside of IB, various asset managers, hedge funds, consulting firms, and trading firms also run some type of spring week program, but we’re focusing on banking here. And if you’re in sales & trading , you won’t be allowed to trade or sell, just as you’re similarly restricted in S&T internships.

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Mergers and Inquisitions

APRIL 5, 2023

Trade Surpluses – Some countries, like Singapore, are not rich in commodities but serve as trade hubs and generate significant revenue from these activities. Some SWFs operate like long-only asset managers (i.e., and supporting your Portfolio Manager ’s ideas and requests.

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The TRADE

OCTOBER 18, 2024

“Year-to-date, we’re seeing for the first time in many years a notable uptick in new fund launches and spin outs from bigger places,” says Jack Seibald, managing director, co-head of Marex prime services and outsourced trading. They are now trading in all these other asset classes. billion in 2023.

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