In late 2023, The TRADE and Optiver partnered on the buy-side European cash equity trading survey, uncovering key trends in the space through original research, delving into: market structure, real time transaction cost analysis (TCA), buy-side broker relationships, data costs, consolidated tape plans and more.
New appointed spent almost five years at Credit Suisse, as well as previously holding positions at Deutsche Bank, Citi and Lehman Brothers.
Incoming multi-asset dealer had been with Odey Asset Management for over 16 years after also previously spending a year and a half at State Street.
With the topic of data becoming increasingly central to market developments, The TRADE sat down with Marion Leslie, head of financial information at SIX, to unpack the role of data in how trading strategies are evolving, how the buy-side is preparing for a data-driven future, and the regulatory considerations at the fore of the industry’s attention.
The association has highlighted a portion of trading that it claims is “wholly unreported”, insisting that if said segment was included in the overall picture, then the reality of European volumes would be far more positive.
BMLL and Quanthouse partnership aims to combine real time and historical data to support the buy-side with understanding market behaviour and testing investment strategies in equities and futures.
The firms are banking on the fact that independent data “is the key to objective price measurement and improved trading outcomes”.
The recommendations cover liquidity risk management and governance, stress testing and scenario design, and collateral management practices of non-bank market participants, focussing on liquidity risks arising from spikes in margin and collateral calls.
Sumitomo Mitsui Trust is the first Japanese asset manager to adopt the ITP services through Nomura Research Institute’s (NRI) SmartBridge Advance – a collaborative offering built in partnership by DTCC and NRI.
Named C8 Hedge, the new platform provides guidance for managing foreign exchange exposures to facilitate improved returns.