Wall Street Mojo

FEBRUARY 9, 2024

What Is A Replicating Portfolio? A Replicating Portfolio refers to an investment portfolio built to copy the outcomes offered by a target asset. The purpose of building such a portfolio is to gain investment results similar to the results achieved by the target asset or the original instruments of the target portfolio.

Portfolio

OfficeHours

MAY 21, 2023

Check out our Associate Training Program Portfolio Company Monitoring and Reporting Aside from finding new investments, private equity associates spend a considerable amount of time monitoring and reporting on the portfolio companies the fund has invested in. Learn the essential strategies for financial modeling.

Private Equity

The TRADE

NOVEMBER 21, 2023

The new tool built allows financial market professionals to ask intuitive questions relating to corporate actions events and provides information on over 70 corporate action event types.

Corporation

The TRADE

SEPTEMBER 4, 2023

Prior to joining Union, Hock spent three years at Barclays as head of equity execution sales, four years at Tungsten Capital Management as head of portfolio trading and management, and two and a half years at Ferox Capital Management in a similar role. Poilvet-Clédière brings over 15 years’ experience in financial markets to the role.

Investment

The TRADE

MAY 31, 2024

What are the key factors contributing to the rise of credit portfolio trading? Portfolio trading has seen a dramatic rise these past few years. However, in this scenario, traders don’t have the option of choosing the bonds included in a portfolio. Despite this, portfolio trading has become increasingly attractive.

Portfolio

The TRADE

OCTOBER 10, 2024

Our mission is to optimise the transaction chain, provide comprehensive insights into trading processes and order flows within financial markets, and ensure accountability in order execution. These components are the backbone of the PGGM trading analytics desk. How can TCA use be further optimised/automated on the trading desk?

Trading

The TRADE

MAY 20, 2024

Bloomberg’s enhancements to its Swap Connect solution include new features that support IRS contracts with International Monetary Market (IMM) dates and the ability to offset existing contracts in global investors’ portfolios.

Investment

The TRADE

JANUARY 24, 2024

In the dynamic realm of the financial markets, the introduction of technology has proven to be a catalyst for transformative change, overhauling existing trading strategies. Among the wide range of advancements, algorithmic trading has revolutionised how financial instruments are bought and sold.

Trading

Mergers and Inquisitions

MARCH 13, 2023

Insufficient/No Hedges – Rather than hedging their entire MBS portfolio with interest-rate swaps, the bank had… no swaps at all as of the end of 2022 ( oh, and no Chief Risk Officer, either ). billion loss on a $21 billion portfolio. In early January , I predicted that the markets in 2023 would be “Bad, but not as bad as 2022.”

Banking

The TRADE

JUNE 27, 2024

“We believe that the digital assets landscape is so much more than the single crypto components and that crypto native companies are best equipped to understand that ecosystem and its correlation with financial markets,” said Anna Paglia, chief business officer at State Street Global Advisors. “We

Asset Management

The TRADE

APRIL 26, 2024

Simon Barriball, Virtu Financial Simon Barriball, ETF and portfolio trading, EMEA, at Virtu Financial emphasised the detrimental impact the fragmented venue landscape was having on the assets – highlighting the sheer number of listing venues that Europe has for each ETF, as well as multiple sets of currencies and settlement depots.

Trading

The TRADE

DECEMBER 11, 2023

The lack of regulated trading venues is materially hampering the growth of the crypto derivatives trading market,” said Jeremy Punnett, M&G portfolio manager. Having a patient long term capital partner such as M&G is crucial as we build the next generation of global financial market infrastructure for digital assets.”

Investment

The TRADE

NOVEMBER 6, 2023

Industry Person of the Year 2023 shortlist: Seema Arora, managing director, head of execution sales, Instinet Europe Champion of The TRADE’s Rising Stars of Trading and Execution award scheme, Instinet Europe’s Seema Arora needs little introduction with an extensive financial career spanning more than 25 years.

Trading

The TRADE

SEPTEMBER 11, 2023

Chalkley brings more than three decades worth of financial services to the role, in both portfolio management and rates sales. Before joining RBC, Chalkley spent 11 years at NatWest Markets. RBC appointed Guy Chalkley as managing director, UK flow rates sales.

Sale

The TRADE

DECEMBER 18, 2023

Investors will need to think far more about the risk profiles of their portfolios. The bond consolidated tapes and revised transparency frameworks will do this by opening up fixed income markets to new competitors and innovation. All of this points toward a good year for convertible bonds.

Trading

The TRADE

MAY 16, 2024

In the constantly evolving financial markets landscape, where volatility and complexity are continually featured, the ability to discern the true costs of trading has become paramount for investors and institutions alike.

Trading

FineMark

JANUARY 20, 2023

Hyman Minsky, American Economist (1919-1996) Hyman Minsky proposed theories linking market fragility and the normal economic cycle with speculative bubbles innate to financial markets. Generally, this is due to market participants seeking the relative safety of bonds during equity bear market periods.

Economics

Wall Street Mojo

JANUARY 17, 2024

In the process of interest rate swap valuation , a fixed rate is exchanged for floating rate by taking advantage of the rate fluctuations in the financial market in order to obtain lower rates. This was when many fixed-income players started actively participating in the market. Without swap, this would nit have been possible.

Financial Institution

The TRADE

DECEMBER 22, 2023

Daniel Morris, chief market strategist, BNP Paribas Asset Management   Volatility has become the new normal, bringing opportunities for active managers, and 2024 is likely to see a continuation of the profound and often unanticipated change in the global economy and financial markets that typified 2023. Central

Trading

Peak Frameworks

AUGUST 24, 2023

Today, we explore the complexities of brokerage , a key figure in the financial world. A brokerage is a company that mediates transactions and fosters market liquidity in the financial markets by acting as a middleman between buyers and sellers. Brokerages can be a stepping stone to more complex financial endeavors.

IT

Mergers and Inquisitions

OCTOBER 4, 2023

The Fed and other central banks cut interest rates to 0% and printed massive amounts of money to support the “fiscal stimulus” that was allegedly required to counteract the pandemic; this created a bubble in the financial markets. SPACs , cryptocurrency, and other junk went “to the moon” as people piled into risk assets.

Finance

The TRADE

MAY 1, 2024

During that period of my training, I was actively taking positions, taking risk, fundamentally managing a portfolio of sorts in macro products.” The traders are now discretionary execution guys and the portfolio managers (PMs) don’t get involved. It’s about risk management philosophy and methodology,” explains Papanichola.

Trading

Mergers and Inquisitions

JANUARY 10, 2024

The Nature of the Work: Markets, Analysis, Sales, and Interpersonal Skills Wealth management (WM) requires broader knowledge of the financial markets since you may have to advise clients on everything from their portfolio allocations to upcoming tax changes. Think: benchmarking portfolios rather than modeling companies.

Investment Banking

Peak Frameworks

JUNE 5, 2023

During this period, businesses often expand their operations, capital expenditure increases, and markets tend to perform strongly. Such a conducive environment frequently spurs significant investment opportunities and robust financial activity. This phase typically involves increased market volatility and heightened investment risk.

Business

Peak Frameworks

MAY 24, 2023

This strategy allows the company to lock in costs and budget effectively, but if the supplier fails to deliver, Starbucks could face higher prices in the spot market. Role of Derivatives in Portfolio Management Derivatives play a crucial role in modern portfolio management.

Private Equity

The TRADE

AUGUST 18, 2023

Looking at Tradeweb’s initiatives and partnerships this year, which has been the most impactful for markets? We certainly believe in collaborating with clients, peers and other service providers to drive liquidity, transparency and efficiency in financial markets.

Trading

The TRADE

OCTOBER 9, 2023

The watchdog received 30 responses to the consultation paper, including from: The Association for Financial Markets in Europe (AFME), Cboe Global Markets, EquiLend, European Principal Traders Association (FIA EPTA), Intercontinental Exchange (ICE), Invesco, LedgerEdge, and Virtu Financial.

Trading

The TRADE

JULY 17, 2023

On the other hand, foreign exchange – the largest financial market in the world – benefits from the fact that trading is not limited to one central location but is instead conducted between participants by phone and electronic communication networks (ECNs) in a wide range of markets globally.

Equities

Accenture Capital Markets

OCTOBER 26, 2022

FAs need new strategies to help increase investors’ awareness on how to access knowledge on investing, on the capital markets themselves, and the role of the FA in preparing a professional, personalized portfolio.

Management

Peak Frameworks

JULY 20, 2023

A stock market crash is an event that can have a significant impact on investors and financial markets. A stock market crash is typically triggered by a combination of economic factors and investor psychology. Including non-correlated assets in a portfolio can further reduce vulnerability to market fluctuations.

Stock

The TRADE

OCTOBER 2, 2024

As technology continues to reshape financial markets, the dynamic between buy- and sell-side institutions has undergone a transformation. Already electronic execution and direct market access has reduced the reliance on sales traders to source liquidity,” emphasises Scott Chace, head on trading for portfolio solutions at State Street.

Trading

Peak Frameworks

JULY 20, 2023

Conclusion Stop-limit orders provide valuable tools for managing risk and executing trades in the financial markets. Understanding how stop-limit orders work empowers investors to exercise greater control over their investments and protect their portfolios.

Investors

The TRADE

SEPTEMBER 8, 2023

Champenois: Signals in one asset class often have implications across other assets due to various interconnected factors in the financial markets. Macroeconomic data, investor sentiment, market dynamics and geopolitical events can influence these factors. How can signals in one asset class have implications across other assets?

Trading

The TRADE

OCTOBER 9, 2024

The active investment manager specialises in emerging and frontier markets trading across fixed income, credit and specialist equities. And sitting on its global trading desks are a pod of traders known for their ability to interact with some of the most inaccessible financial markets around the world.

Trading

The TRADE

OCTOBER 24, 2024

These systems touch upon all elements of the trading lifecycle throughout the front-to-middle-to-back-office including execution, order, risk and portfolio management. Portfolio trading Next up is portfolio trading. Portfolio trades have historically helped many institutions to move big blocks of risk.

Trading

The TRADE

OCTOBER 18, 2023

Cboe Global Markets Cboe Global Markets makes another appearance in this award category shortlist for 2023, following its win at last year’s Leaders in Trading awards gala. The exchange has continued to drive innovation within financial markets by extending its remit through various product launches.

Trading

The TRADE

FEBRUARY 15, 2024

Anna Nordstrom, head of the domestic and international markets functions in the markets group at Deferral Reserve Bank of New York, shared that the current reach of the FX global code extended to 1300 entities – including the top 15 asset managers globally.

Asset Management