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Algo advances create overlap between US equities’ single-stock and program trading

The TRADE

This overlapping distinction has been attributed to the rise of electronic execution for program trades and the increasingly sophisticated algorithms for single-stock trading, which represent a greater shift towards e-trading. Buy-side traders value the expertise and risk management capabilities of high-touch sales traders.

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The TRADE predictions series 2024: Foreign exchange, it’s all about swaps and forwards

The TRADE

Likewise, rather than using long-dated FX forwards of up to a year or two, many fund managers chose to lock in rates of up to six months or less to add an extra layer of flexibility and nimbleness should the market move against them. As the FX swaps market grows, we expect to see regional banks trade more FX swaps.

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Celebrating International Women’s Day with… Mizuho’s Lu Fu

The TRADE

The desk has been focused on equipping itself with advanced data analytics to enable traders to make more data-driven decisions related to pricing and risk management, and to utilise this data to make us more relevant to our clients based on client insights analysis.

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Fireside Friday with… 24 Exchange’s Dmitri Galinov

The TRADE

It all comes off the back of everything becoming more electronic – most institutions now trade through algorithms (especially US equities), so there is no need to be on the New York Stock Exchange floor anymore, things have changed. Because there is so much electronic trading now, it will be a much easier migration than people think.

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IEX firms up launch date for new options exchange

The TRADE

Ivan Brown The exchange operator said the new venue will align with the needs of options industry participants and tackle risk management challenges in the market. The exchange will be an electronic venue, providing access to the entire multi-listed options market while relying on a pro-rata model.

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People Moves Monday: Peel Hunt, Redburn Atlantic, RBC Capital Markets, Citi, and more…

The TRADE

Peel Hunt Redburn Atlantic’s head of electronic trading has left the firm to join UK investment bank Peel Hunt, as revealed by The TRADE. He replaces Nishad Vallonthaiel as head of electronic trading. He replaces Nishad Vallonthaiel as head of electronic trading. A spokesperson for Peel Hunt confirmed the move.

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Former TP ICAP MD joins Bloomberg as head of European credit e-trading

The TRADE

Industry stalwart Dan Hinxman has joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. He joined financing, investment and risk management business CIC Market Solutions as a sales trader.

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