Stifel to follow through on UK equities trading exit
The move is expected to coincide with potential job cuts as the firm looks to transition to a more advisory-led business in Europe, as revealed by The TRADE in April 2025.
The move is expected to coincide with potential job cuts as the firm looks to transition to a more advisory-led business in Europe, as revealed by The TRADE in April 2025.
The measures, developed in line with Europe’s Savings and Investment Union (SIU) strategy, aim to remove barriers, simplify supervision, and encourage innovation across the EU.
The advisory committee spans members from across the industry, including BlackRock, BNP Paribas, Norges Bank, Deutsche Börse, Bloomberg and Cboe.
The TRADE sits down with Richard Worrell, co-head, equities trading at the London Stock Exchange, and Jason Warr, global head of ETF markets at BlackRock, to explore how buy-side and exchange collaboration is helping to address market fragmentation, improve liquidity access, and foster transparent, resilient innovation across Europe’s equities and ETF landscape.
As 24/5 trading continues to gain increasing traction across the industry, firms should be focused on strong risk, margin and liquidity management, according to a recent study from DTCC and EY US.
Comgest ‘exploring’ outsourcing of portfolio trading activity
The firm tells The TRADE that conversations are ongoing with “several” outsourcing providers.
READ MORE
Record Currency Management’s Nathan Vurgest explores the build or buy question
Nathan Vurgest, director of trading at Record Currency Management, sat down with The TRADE to discuss the ongoing buy vs build debate, exploring whether there’s a middle ground between the two strategies and if a buy before build approach may be feasible.
WATCH VIDEO
The firm already includes Japannext and the Japan Exchange Group in its regional exchange portfolio.
Nomura’s acquisition of Macquarie’s US and European public asset management business was completed on 1 December 2025; new entity to be named Nomura Asset Management International.
The offering - called SIX Clearing - will make use of BME Clearing’s existing EU license to gain access to ECB liquidity and key EU market infrastructures.
The firm tells The TRADE that conversations are ongoing with “several” outsourcing providers.
The new offering integrates Tradeweb and is expected to support institutional investors trading ETFs to gain access to wider global liquidity pools, increase automation and improve risk management.
The new senior hires will focus specifically on cash equities and ETFs and are set to strengthen the buy-side liquidity offering across both sides of the Atlantic.
Ediphy has confirmed that it will continue with its claim for damages in the High Court in parallel; Etrading Software tells The TRADE that it welcomes the decision and endorses two complementary transparency initiatives.
The new product launch, developed in close collaboration with Societe Generale, comes off the back of the recent surge in ETFs across the industry.
Individual has been with the firm for more than 15 years, most recently serving as head of FX voice trading.
The collaboration is expected to provide Aladdin users with greater flexibility to suit their operating models and technological needs when using cloud services.
The products will initially launch with three index futures, based on Societe Generale and Solactive indices, with plans for further expansion scheduled for Q1 2026.