The TRADE sits down with the CEO of Euronext in his Paris office for a frank discussion on his ambitious expansion plans, his optimism for equity (now that the days of cheap debt are over) – and why he decided against acquiring Spain’s BME...
In the bank’s 2022 earnings, it also reported an increase in net income of 7.5% year-on-year, alongside promising figures within its global markets division.
New partnership will see Broadridge’s order-routing network platform, NYFIX, leverage data from Point Focal to improve single stock and portfolio performance while de-risking exposure.
Jens Quiram, global co-head of FIC derivatives and repo sales at Eurex, sits down with their first live Nordic OTC clearing broker, Danske Bank’s chief sales manager for investor services sales and product owner for central clearing, Kristine Åsblom and Sebastian Strömbäck, to explore the Nordics clearing landscape and buy-side challenges amid the UMR Phase 6 deadline, upcoming expiration of the clearing exemption for PSAs in June and the end of temporary equivalence for UK CCPs in 2025.
Morgan Stanley IM latest Wall Street name to cement presence in China with fully owned China joint venture
Upon completion Morgan Stanley IM’s stake in Morgan Stanley Huxian Funds will go from 49% to 100%; move marks a ‘strategic advancement’ in its China footprint.
The firm plans to rebuild rather than restore, despite rumours that the ransom has been paid – but could it be liable for a regulatory penalty in response?
Trade associations including EFAMA, BVI, EFSA and NSA have issued an open letter outlining their priorities for the Mifir/Mifid II review: warning against rising market data costs and recommending a suspension of the volume cap in Europe, along with the removal of some pre-trade transparency requirements.READ MORE
Watch the fourth and final instalment: in which we explore where this pattern is heading and what the role of participants and regulators is in influencing it.WATCH VIDEO
INSIDE THE MAGAZINE
Saudi and Hong Kong Exchanges agree partnership deal as activity between the Middle East and Asia steps up
The two exchange operators signed an agreement today to explore opportunities in areas including ESG, fintech and cross listings.
New survey from the Buy-side Trading Community found that traders experiencing mental health issues had doubled to nearly 40% since its last survey.
Following a similar survey in August, Substantive Research finds the asset management community still largely unprepared for structural changes impacting research from this year.
The past week saw appointments from LSEG’s Turquoise, BlackRock, JP Morgan, Mizuho Americas and Kepler Cheuvreux.
Watch the fourth and final instalment: in which we continue our discussion around the impact on continuous markets, explore where this pattern is heading and unpack how participants can alter their behaviour to manage this developing trend.
The move is an internal promotion, with the new head stepping up from his previous role as EMEA head of rates trading.
ESMA confirms changing scope of multilateral trading definition including request-for-quote and execution management systems
The conclusion comes as part of a consultation on the scope of a multilateral trading venue launched by the EU watchdog in January last year to level the playing field.
While acknowledging potential benefits of the European Commission’s latest proposals, the associations noted that the changes could make EU firms less competitive and have a negative impact on the derivatives market.
The bank sees positive momentum, with net profit more than doubling year-on-year to its highest since 2007.
Latest hire joins Kepler after more than a decade in various roles at LSEG.
Watch the third instalment: in which we unpack the impacts of the migration to the Close on the continuous trading day.