The TRADE

NOVEMBER 19, 2024

A new report from Coalition Greenwich found that buy-side comments with respect to MDPs reflect that the ability to access dealer quotes while keeping them in competition, helps optimise trading. The growing use of MDPs from the buy-side is driving electronic trading overall and supports their growing focus on best execution.

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The TRADE

MARCH 5, 2024

You don’t want to see it [your trade] popping up on Twitter,” one market structure specialist told Coalition Greenwich. However, Continental Europe saw an increase in high-touch usage by the same margin, with e-trading on the up and 45% of their flow expected to be through algos.

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The TRADE

MAY 7, 2024

Kepler Cheuvreux Execution Services (KCx) has gone live as a broker on Bloomberg Tradebook’s PAIR solution. The move will enable traders to execute multi-currency pair trades with KCx, navigating arbitrage strategies with better precision and efficiency.

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The TRADE

JULY 17, 2024

Citi has named a new head of electronic equity sales trading for the EMEA region, The TRADE can reveal. He joined the bank as a permanent fixture in 2016 as a graduate analyst in its markets division, later moving into equity sales trading in 2018.

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The TRADE

JANUARY 30, 2024

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.

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The TRADE

DECEMBER 28, 2023

The evolution of the FX swaps market is at an important turning point, with many participants looking to electronify and optimise what has traditionally been traded on an RFQ or RFS basis, as well as demanding much greater price transparency. As As the FX swaps market grows, we expect to see regional banks trade more FX swaps.

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The TRADE

SEPTEMBER 21, 2023

UK-based investment bank Peel Hunt has appointed the former head of electronic and program trading and sales at Numis Securities to head up its own electronic trading division. Nishad Vallonthaiel Nishad Vallonthaiel has been appointed head of electronic and program trading at Peel Hunt.

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The TRADE

MAY 9, 2024

Citi has made a strategic minority investment in Greenwich-based fintech, Cicada Technologies (CT), to facilitate institutional e-trading of Mexican government bonds. Citi’s Markets Strategic Investments unit handled the investment, with Citi set to act as a liquidity provider for the trading platform.

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The TRADE

OCTOBER 26, 2023

Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for Outstanding Non-Bank Electronic Liquidity Provider, showcasing excellence in liquidity provision outside of the traditional sphere. billion compared to € 2.8 billion the previous year.

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The TRADE

OCTOBER 25, 2024

As equity traders continue to seek ever more innovative ways to bolster their offerings, the rise of Alternative Trading Systems (ATSs) has followed – currently executing around 16% of all US equity volume. Speaking to the motivators, one surveyed sell-side head asserted: “The buy side wants to see us trading there.

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The TRADE

JANUARY 23, 2024

His appointment comes as GTN continues its expansion efforts to build a comprehensive electronic trading and investment platform. GTN serves brokers, banks, asset managers, and fintech clients. He brought with him more than 25 years’ experience in cross-asset trading for both institutional and retail clients.

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The TRADE

OCTOBER 27, 2023

As part of a major scheme from the Monetary Authority of Singapore (MAS) to develop the region as a global FX trading hub, several large banks over the last few years agreed to develop FX pricing and trading engines in Singapore, in partnership with MAS.

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The TRADE

OCTOBER 26, 2023

UK-based boutique fixed income trading desk BlueBay Asset Management is beginning a new chapter in its life. For head of trading for the RBC BlueBay Asset Management London-based fixed income trading desk, Stuart Campbell, the institution’s combined size is a new strength. You’re taught to almost think like a PM.

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The TRADE

MARCH 18, 2024

Digital brokerage GCEX has launched a new margin trading platform, offering increased flexibility and control for operational efficiency. The new platform provides enhanced charting functionalities, deposit and withdrawal processes, alongside improved monitoring and management of trading instruments and positions.

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The TRADE

DECEMBER 8, 2023

Instead, a combination of rising interest rates, inflation, soaring energy prices and geopolitical tensions have hit hedge funds, and subsequently the risk management practices of prime brokers. Elsewhere, other local regulatory changes and benchmark replacements continue to impact prime brokers.

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The TRADE

NOVEMBER 9, 2023

The TRADE is delighted to announce the winners of this year’s Leaders in Trading awards, with the recipients honoured at a ceremony held last night at The Savoy, London. BlackRock and Millennium took home the award for Trading Desk of the Year Long-Only and Trading Desk of the Year Hedge Fund, respectively. Meanwhile, T.

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The TRADE

JULY 3, 2023

Barclays selected an internal candidate and a new hire from BNP Paribas to become its new co-heads of G10 FX trading. New co-heads Torsten Schöneborn and Jerry Minier will be London-based, reporting to Michael Lublinsky, global head of macro, according to an internal memo seen by The TRADE. His next role is unconfirmed.

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The TRADE

DECEMBER 15, 2023

What are the key intricacies when trading in Asia? I understand that there are a number of European HFTs [high frequency trading firms] and market makers that are moving into the Asian markets because profitability here has been through the roof. What is the outlook for future trading opportunities in Asia?

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The TRADE

JANUARY 23, 2024

Interdealer broker BGC Group has received approval from the Commodity Futures Trading Commission (CFTC) for its FMX Futures Exchange to operate as an exchange for US Treasury and SOFR futures. It has a clearing services agreement with LCH, offering an integrated trading and clearing solution.

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The TRADE

SEPTEMBER 4, 2023

Following an extensive and lengthy selection process over the Summer, The TRADE is delighted to announce the shortlists for the Leaders in Trading Editors’ Choice Awards 2023. Visit our event page for more information.

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The TRADE

AUGUST 14, 2023

European agency broker and equities research specialist Redburn and US equity brokerage Atlantic Equities have completed the merger of their operations under Redburn’s parent company Rothschild & Co, initially announced on 26 April.

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The TRADE

JANUARY 5, 2024

How is the FIX Trading Community addressing the outages topic? The idea being that these messages in theory could be fed directly into trading infrastructures, which in turn could react directly. Within the trading ecosystem, this usually happens because of complex infrastructures, even at individual firms.

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The TRADE

FEBRUARY 14, 2024

In a panel at the JSE SA Trade Connect 2024 conference in Cape Town, South Africa, panellists explored the ways in which fragmentation is impacting the trading of dual listed equities in the South African market. But for our clients here in South Africa, in particular, where liquidity is, that’s where we go.

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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

MAY 20, 2024

When accessing retail liquidity, we would check the usual sources as for any trade, including agency broker block flows, broker indications of interest, which brokers have traded volume recently, and any potential to trade stock on risk. This would particularly be the case if we wanted to trade quickly.

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The TRADE

DECEMBER 4, 2023

Albon has been appointed associate director, senior sales for EMEA electronic trading and program trading, set to join the firm in February next year, The TRADE can reveal. She will report to global head of electronic trading and distribution, Jason Rand. Kepler Cheuvreux and Berenberg declined to comment.

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The TRADE

JULY 18, 2024

GIX submitted its Form 1 application on 9 May 2023, outlining plans to operate a fully automated electronic trading platform for the trading of listed equities – no physical trading floor is planned. Contrary to popular belief, an exchange is not just about ‘buy, buy, sell, sell,’ which is the domain of brokers.

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The TRADE

JUNE 22, 2023

Virtu has upgraded its POSIT Alert block trading capabilities to include automated dark liquidity seeking in a bid to tackle fragmentation in the non-displayed markets, The TRADE can reveal. Rather than needing to do that we’re offering an automated solution,” Michelle Butler, European head of POSIT Alert told The TRADE.

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The TRADE

JUNE 1, 2023

Market structure changes in the Euro investment grade (IG) markets and new drivers of liquidity are evolving buy-side trading styles, a whitepaper by Flow Traders has found. Euro IG has continued to transition primarily to electronic executions, which has helped increase volumes. million and 2.5

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The TRADE

JUNE 20, 2023

Bloomberg has introduced a white label solution for US treasuries, allowing a wide range of broker dealers to provide liquidity for trades initiated on its platform as part of its D&I dealer initiative. This will then be routed to a range of counterparties, delivering pricing back to the counterparty which initiated the RFQ.

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The TRADE

JULY 26, 2023

Emerging markets broker Arqaam Capital has launched a new proprietary trading infrastructure tool, ArqNET, aimed at enabling European institutional clients to trade faster in Middle East and North Africa (MENA) markets.

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The TRADE

OCTOBER 9, 2024

The London-based trading team at Ninety One has a very particular set of skills. The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. Ninety One’s trading team consists of 17 globally with six – soon to be seven – based in London.

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The TRADE

MAY 20, 2024

Kepler Cheuvreux’s head of market structure and liquidity solutions has left the broker dealer, The TRADE can reveal. He joined the broker dealer in 2016 as its head of portfolio and electronic sales trading, later assuming his most recent role as head of market structure and liquidity solutions in 2022.

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The TRADE

JULY 1, 2024

Former head of market structure and liquidity solutions at broker dealer Kepler Cheuvreux Byron Griffin is set to join Franco-German financial services firm ODDO BHF. Griffin left Kepler in May after over eight years with the broker dealer. He is currently on gardening leave set to join ODDO in the coming months, The TRADE understands.

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The TRADE

APRIL 25, 2024

However, despite this, Joe Collery, head of trading at Comgest endorsed a measured approach whilst speaking at TradeTech earlier this week. With innovation rife across the emerging markets space, it should come as no surprise that plans for further investment are picking up pace.

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The TRADE

FEBRUARY 8, 2024

Bloomberg has launched a new automated workflow for trading and reporting of Euro denominated interest rate swaps vs bond futures on Eurex. The end-to-end workflow allows sell-side users acting as executing brokers to use straight through processing (STP) and facilitate a trade from a single interface.

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The TRADE

JUNE 26, 2024

Former head of market structure and liquidity solutions at broker dealer Kepler Cheuvreux Byron Griffin is set to join Franco-German financial services firm ODDO BHF, The TRADE can reveal. Griffin left Kepler in May after over eight years with the broker dealer. He joins as head of execution sales and microstructure.

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