Rising Stars will be recognised as part of a standalone event on 30 September, in collaboration with Instinet; nominations can be made for any candidate currently working in a trading role within a buy-side firm.
BTIG will continue to operate as a separate broker-dealer within U.S. Bancorp; deal includes BTIG’s institutional equity sales and trading, equity capital markets, equity electronic trading, and M&A advisory.
Taskforce to use rolling three-month CREST settlement averages to establish post-implementation benchmark from October 2027.
Pramod Nayak, director of product management, London Stock Exchange Group, examines how low latency strategies are being redefined by data scale, cloud delivery, and advanced capture technologies - highlighting why speed alone is no longer enough to compete in increasingly complex, data-driven global markets today.
The new capability aims to address growing market demand for new ways to interact with auction liquidity, spanning the opening, intraday and closing auctions.
Through launching the CFTC-regulated contracts, the cryptocurrency platform aims to support US-based clients in accessing uninterrupted market exposure by bringing perpetual futures activity onshore.
‘Doing nothing is not an option’ for gilt repo market resilience, says BofE deputy governor for financial stability
Speaking at the ICMA conference in London on Thursday, Sarah Breeden, deputy governor for financial stability at the Bank of England, highlighted how growing hedge fund participation in gilt repo markets can increase systemic vulnerabilities, while suggesting greater central clearing could strengthen resilience and result in real benefits for dealers.
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Nordea Asset Management’s Edgar Castel on changing broker dynamics
The TRADE catches up with Edgar Castel, equity trader at Nordea Asset Management to delve into the landscape of broker relationships with the buy-side, including: the role of TCA, AI, algo ownership and trading controls.
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The past week has seen several significant moves, including a head of electronic trading departure, and senior buy-side hires across ETF capital markets and quantitative trading.
The trade, enabled through Bloomberg Tradebook, expands buy-side access to bank and market maker liquidity for options and futures and allows investors to leverage off-book liquidity fully electronically, The TRADE understands.
The connectivity will support institutional firms trading in global equity and derivative markets and bolsters Avelacom’s wider APAC network infrastructure.
The new offering – set to launch on 13 July 2026 – will include a pre- and post-market session; builds on recent efforts to expand Cboe’s extended trading hours initiatives in other sectors of its business.
His next role is currently unconfirmed; the news also aligns with a further departure on Bernstein’s electronic desk in Paris, The TRADE can reveal.
Ahead of The TRADE’s upcoming results of its Algorithmic Trading Survey: Hedge Funds 2026, Natasha Cocksedge reflects on the findings from 2025, analysing how algorithmic trading has cemented its spot at the core of hedge fund execution, and how this trend might continue over the coming year.
The Rising Stars for 2026, in collaboration with Instinet, will be recognised at a standalone awards evening held at One Moorgate Place on 30 September; nominations open 1 June.
The collaboration expands the firm’s NYFIX platform and will provide clients with access to extended hours liquidity across more than 4,000 US equities.
The new solution will combine liquidity across multiple Trumid protocols into a single automated workflow within trader-defined limits; “[...] traders will increasingly seek automation that can also operate across multiple liquidity protocols simultaneously rather than within isolated RFQ workflows,” global head of sales tells The TRADE.
The move marks a return to the buy-side firm for new hire, who previously spent five years at State Street Investment Management in various senior ETF-related roles.
New hire joins the investment manager from 1 June, and also previously served at firms including IMC Trading, Exane and Societe Generale.
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