LATEST NEWS
Nasdaq to process risk calculations up to 100 times faster through integration of AI
“The sheer scale of computing power required to meet the most demanding regulations, alongside the strategic benefits of more accurate real-time analytics, is driving a profound rethink about how we can leverage AI to reduce the cost of compliance,” said Gil Guillaumey, senior VP and head of capital markets technology at Nasdaq.
Amundi Technology selected by Thomas Miller Investment to bolster operational processes
Solution from Amundi will cover the entire front-to-back value chain, enabling improved response times for clients.
Unlocking the power of front-to-back
Alessandro Cavallari, managing director, head of international sales and Steve Gutowski, head of financial intermediaries and banks coverage for Societe Generale Securities Services (SGSS) unpack the significant impact of market structure developments on traders’ operations from front-to-back, highlighting the importance of an integrated ‘one-stop-shop’ approach and keeping a finger on the pulse of change.
Heleine set to depart Groupama AM
After two years of leading the new Groupama-Amundi partnership, head of the buy-side trading desk at Groupama Asset Management Eric Heleine will be stepping away, The TRADE can reveal.
All signs point towards Europe aligning T+1 move with UK and Switzerland
A statement from ESMA comes a day after Task Force recommendations, claiming a coordinated approach across Europe is “desirable” while stressing the urgency in avoiding prolonging the negative impacts of settlement misalignment.
HIGHLIGHTS
The latest edition of The TRADE Magazine launches with a wealth of new content; check out the highlights here.
READ MORETRADE TV
The TRADE catches up with Alexander Nowak, head of continental eFICC sales at JP Morgan, to discuss: the evolution of its ‘Execute’ single-dealer platform, leveraging its intellectual property for the development of new offerings, and how the firm effectively engages with clients.
WATCH VIDEOINSIDE THE MAGAZINE
The Outsourced Trading Handbook 2024
The TRADE issue 80 Q2 2024
The TRADE issue 79 Q1 2024
MORE NEWS
Gallery: The TRADE’s Rising Stars of Trading and Execution 2024
Full gallery from The TRADE's 10th annual Rising Stars of Trading and Execution ceremony from 15 October at Plaisterers' Hall.
World Government Bond Index to include Tradeweb FTSE benchmark closing prices
Expected to be included in March 2025, the move comes as part of Tradeweb’s “commitment to develop the next generation of fixed income pricing and index trading products for traders and investors worldwide.”
Former head of CME Group’s EBS Direct joins SGX FX
Incoming individual previously led the launch of EBS Direct into a new bilateral FX trading venue – which is now owned by CME Group.
Dynamic panel structuring is key to maintaining trading efficiency
The TRADE sits down with Joseph Forde, FX trader at Brown Brothers Harriman (BBH), to unpack the best approach to panels, highlighting the key factors when it comes to analysing bank performance, the importance of a flexible structure, and what should be front of mind to maintain effective, long-lasting relationships with liquidity providers.
BNY goes live with new trading desk in Dublin
The move is aimed at facilitating more efficient trading for EU-based clients across both fixed income and equity markets globally.
European T+1 Task Force acknowledges benefits of aligning with UK for transition in H2 2027
A new report emphasises the need for the EU to coordinate closely with the UK in H2 2027 for a switch to a T+1 settlement cycle, while also detailing the need for a maximum possible notice period for transition and a temporary suspension of cash penalties over the implementation period.
Cumberland DRW charged for operating as unregistered crypto dealer by SEC
The US Securities and Exchange Commission (SEC) concluded that Cumberland DRW had operated as an unregistered dealer in more than $2 billion of crypto assets offered and sold as securities.
Citi expands Asia FX markets team with JP Morgan hires
New head of FX institutional sales for Japan, Asia North, Australia and Asia South, and head of markets for Malaysia both join after having most recently served at JP Morgan.
People Moves Monday: Candriam, BNP Paribas and JP Morgan
The past week saw appointments across equity trading, macro sales and electronic sales.
Fireside Friday with… Balyasny Asset Management’s Charlie Flanagan
The TRADE caught up with Charlie Flanagan, head of applied AI at Balyasny Asset Management, to discuss his thoughts on how AI is shaping up when it comes to its increasingly active role in capital markets, including its potential when it comes to trading processes and how the industry is adapting to become increasingly AI-focused.
The challenges of automation in fixed income: ‘Credit is an entirely different process’
Fixed Income Leaders Summit panellists explore automation in fixed income use cases whilst acknowledging limitations and areas for improvement for this advancement to truly serve the asset class.