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
Nomura AssetManagement Mark Molloy has confirmed his departure from Nomura AssetManagement, where he most recently served as senior trader. He has now joined Morgan Stanley Investment Management as a macro trader.
Serhan Eryuksel has joined Marex’s outsourced trading team, focused on sales in the UK, Europe and MENA. London-based Eryuksel most recently spent 15 years at UBS – predominantly in senior sales and equity trading roles before heading up the business development of UBS’ outsourced trading platform across EMEA.
Kepler Cheuvreux and Unigestion have launched joint public equities assetmanagement company, Kepler Unigestion, following the close of transaction and regulatory approvals. Specifically, the partnership is set to focus on quantitative strategies for listed equities.
For businesses operating under FINMA’s stringent oversight, a successful sale demands highly specialized advisory expertise. M&A Sale of FINMA Securities House Activities: Facilitating complex sales of securities firms, addressing diverse and high-risk regulated activities, from securities trading to market-making and underwriting.
BNY Buy-side Trading Solutions Legal & General Investment Management (LGIM) equity and foreign exchange trader Jamie Jones is set to leave the firm to join BNY’s expanding outsourced trading refit, as revealed by The TRADE. BNY declined to comment on his appointment.
Sinet brings 10 years of trading experience to his new position and previously worked as a credit trader at Mizuho from April 2023 to November 2024. Peel Hunt Peel Hunt’s head of electronic and program trading Nishad Vallonthaiel is departing for pastures new, The TRADE can reveal.
In his new role, Fidance will be based out of London, where he is set to expand access new markets and liquidity, and enhance product and distribution as well as engagement with local and international assetmanagers.
Others are expected to take place in the coming days, The TRADE understands. “Last week, Clear Street decided to part ways with a small portion of London-based team members, representing one group partially responsible for regional equity execution. Clear Street has been vocal in its attempts to expand in the UK.
But, as this massive shift for trading processes looms, it’s time to take a look eastward at what this change for Europe could mean for its APAC counterparties. The cost of being out of alignment There are two ways to look at the APAC conundrum when it comes to Europe’s T+1 shift – the effect on Asia trading in Europe, and vice versa.
Stuart Lawrence has been appointed head of European equities trading at UBS AssetManagement four and a half years after he joined the firm in June 2019. He was most recently head of UK equity trading at UBS AssetManagement, having previously served as a high touch equity sales trader at Kepler Cheuvreux.
Traditionally, banks gave away equity research reports for free to incentivize large clients to trade with the bank. Therefore, equity research generated revenue indirectly via trading commissions , but it was still considered a front-office role due to the compensation, interaction with managers and investors, and exit opportunities.
Russell Beer has been appointed as a trader covering fixed income emerging markets at MFS Investment Management. London-based Beer brings extensive industry experience to his new role, and was named one of The TRADE’s Rising Stars of Trading and Execution in 2015.
Assetmanagement heavyweight BlackRock is among these names. Shares of Snap-On are in the red for the year due to economic uncertainty adding pressure to consumer spending power and sales. Earnings season for the second quarter could portray a period of slow growth.
This includes historical income statements, an employee census, customer contracts, third-party contractors, sales booking data, detailed revenue tracing, and at-risk customers. Pricing books, average selling price, and historical sales productivity are all included in this area. need to be compiled and shared.
Earlier this month, the company announced plans to resume sales of H20 chips to China. The less-advanced semiconductors, built on its Hopper architecture, are designed for artificial intelligence computing, but remain compliant with U.S. export restrictions to China.
Wells Fargo has appointed Jon Thorne as senior securities salestrading specialist, The TRADE can reveal. Most recently, Thorne served as a listed sales trader – a position he held for almost 11 years. According to a post on social media, Thorne joins Wells Fargo from Credit Suisse, where he spent 13 and a half years.
Athina Trika Speaking to The TRADE, Athina Trika, CFA, execution sales at Kepler Cheuvreux, explained: “KCx’s Analytical Suite is a significant step toward increased transparency, opening up a broad prospect of opportunities for flexible and agile data sharing.
Omar Darwish has joined fintech pioneer GTN as equity sales trader following a three-and-a-half-year stint at Arqaam Capital. His appointment comes as GTN continues its expansion efforts to build a comprehensive electronic trading and investment platform. GTN serves brokers, banks, assetmanagers, and fintech clients.
US-based block trading start up OptimX has selected a former Virtu buy-side sales specialist to become its new head of institutional sales, The TRADE can reveal. Michelle Butler joins OptimX to head up its buy-side business after most recently serving at Virtu for 19 years, managingsales for its POSIT Alert business.
Singapore-headquartered fund manager APS AssetManagement has adopted order and investment management technology solution, Bloomberg AIM, to automate its post-trade workflows. We are proud that our partnership with APS AssetManagement will help them scale and automate workflows.”
Eurex has welcomed Santander AssetManagement as a global player in its listed FX segment. Imanol Urquizu The Spanish assetmanager has begun to expand its FX futures business to Eurex, supported by Banco Santander as clearing member and Deutsche Bank as liquidity provider.
Union Investment’s Christoph Hock is set to step away from his role as head of multi-assettrading later this year to pursue an opportunity in digital assets and tokenisation within the assetmanagement firm, The TRADE can reveal. Union is bolstering its digital assets division, The TRADE understands.
Umair Khan Marwat has joined Millennium as a trader, following almost two and a half years at Balyasny AssetManagement. Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny AssetManagement in 2021 as a trader.
UBS appointed Carlos Salcedo head of capital markets financing sales Americas, according to an internal memo seen by The TRADE. Effective from 1 September, Salcedo will be based in New York, reporting to Dan Murphy, Americas head of franchise sales. MEAG appointed Lydia Malakis head of institutional sales at MEAG.
RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. Also appointed to the low touch sales and trading team at RBC is Suzanne Webster, who joined as a multi-asset director.
Umair Khan Marwat joined Millennium as a trader, following almost two and a half years at Balyasny AssetManagement. Hong Kong-based Marwat previously worked at Credit Suisse, focused on AES, algorithmic, and direct market access (DMA) trading, before joining Balyasny AssetManagement in 2021 as a trader.
HSBC has appointed Matthew Stanton as managing director, head of equities salestrading for Americas. Stanton joins HSBC from Primary Portal, where he served as a sales consultant. Prior to that, he spent just over seven years at Barclays, most recently serving as managing director, head of cash salestrading, Americas.
Aviva Investors, Aviva’s global assetmanagement business, has appointed Monica Fan-Bradley as head of institutional sales (excluding Asia Pacific) within its global client solutions function. She also serves as a member of eVestment’s assetmanager board and the advisory council of The Diversity Project UK.
Ryan O’Connor left Goldman Sachs AssetManagement and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs AssetManagement back in 2017 to build out the US fund strategist model portfolio business.
Pictet AssetManagement has appointed Jade Beckmann as an equity trader, The TRADE can reveal Beckmann joins Pictet AssetManagement from Bloomberg, where she most recently served as a professional services sales account manager. Beckmann announced her appointment in a social media post.
Nasdaq European Markets selected Matteo Balladori, former head of European business development at Citadel Securities, to join the venue as a senior sales director, The TRADE revealed. He joined Nasdaq European Markets in its European equities sales team based in London after nearly six years at Citadel Securities.
Bloomberg AIM and Bloomberg Vault have been adopted by India-based NJ AssetManagement to help enable its enterprise-wide digital strategy across the entire investment workflow. According to the firms, Bloomberg AIM addresses NJ AssetManagement’s specific needs for tools to support rule-based investment decision-making.
Redburn Atlantic has moved to expand its UK and European execution business with two new heads of salestrading, The TRADE can reveal. Tony Atkins Tony Atkins has been appointed UK head of salestrading. Tony and Luc embody all of the qualities that you look for in a head of salestrading.
Union Investment’s Christoph Hock is set to step away from his role as head of multi-assettrading later this year to pursue an opportunity in digital assets and tokenisation within the assetmanagement firm, as revealed by The TRADE. His new role is not yet public but will be communicated in due course.
UK-based boutique fixed income trading desk BlueBay AssetManagement is beginning a new chapter in its life. The move has opened up swathes of synergy opportunities for the pure fixed income assetmanager, with its traders now working directly alongside RBC BlueBay AssetManagement’s equities desk.
Oaktree Capital Management has agreed to acquire Close Brothers AssetManagement (CBAM) – the wealth management arm of Close Brothers – for an equity value of up to £200 million, set to be completed in early 2025 pending customary regulatory approvals.
Liquidnet has appointed Amanda Lee Volk as trade coverage/execution consultant for its New York desk. Volk brings 18 years’ experience to the role from Nomura, with particular expertise in the ATS block and algo trading space.
A DWS Group senior equity trader has departed for pastures new after over 16 years at the assetmanager, The TRADE can reveal. Alex Cotar has left the assetmanagement arm of Deutsche Bank to join Bankhaus Metzler as an equity sales trader, according to an update on social media.
Milan-based O’Connor joins following almost 15 years at ACCIONA Group’s Spanish assetmanager, BESTINVER. He most recently served as e quity sales trader, leveraging key knowledge of the Italian, Swiss, US and UK markets. The post BESTINVER sales trader joins MIT SIM appeared first on The TRADE.
BNY Mellon made two key senior managing director hires into its fixed income and equity sales and trading businesses. Gould joined BNY Mellon after three years at RBC Capital Markets where she previously served as co-head of equities electronic sales and trading.
The TRADE is delighted to announce the shortlists for the Leaders in Trading 2024 Buy-Side Awards, in partnership with SIX Swiss Exchange. The winners of each category will be revealed at The TRADE’s annual Leaders in Trading glittering awards night at The Savoy in London on 7 November. The wait is over.
Electronic trading platforms captured almost a third (32%) of overall Canadian equity trading volume in 2023, with this share expected to rise in the next three years, a new report by Coalition Greenwich has found. As a result, electronic and/or algorithmic trading has seen usage increase.
Outsourced trading solutions firm, Tourmaline Partners, has hired three new seasoned financial markets executives as managing directors to help strengthen its global trading capabilities, The TRADE can reveal. It could be said that Europe was slow to adopt our version of supplemental trading.
BNY Mellon has today announced the integration of Global Markets Trading (GMT), which will combine the firm’s capabilities in foreign exchange, fixed income, equities and capital markets to provide full-service client provisions.
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