Lobbyists highlight concerns around the market impact of simultaneous close-out of positions at UK CCPs, market fragmentation and lack of liquidity at EU CCPs, and increased costs.
Markets head for Citigroup Global Markets Europe (CGME) will be Paris-based in line with Citi’s plans to make the new floor its main trading hub for Europe, the TRADE can reveal.
New weekly options contracts will increase precision, adding more granularity to trading strategies, allowing Russell 2000 Index exposure to be more fine-tuned, said the exchange.
The results of this year’s Algo Survey by The TRADE show independent brokers outperforming traditional bulge brokers in almost every category. We caught up with Mike Seigne, head of Execution Services at Redburn, to find out how these relatively small firms are able to outperform their much larger competitors.
Regulators give the green light to a Southbound Bond Connect channel, connecting Mainland China investors to the Hong Kong bond market to encourage outbound investment.
INSIDE THE MAGAZINE
The new firm, Radkl, will initially focus on quant trading across digital assets with plans to extend into decentralised finance (DeFi) later down the line.
Paxos’ blockchain infrastructure will allow investors to trade cryptocurrencies alongside other asset classes through one unified platform.
New strategic advisor previously served at Goldman Sachs, NYSE Euronext, the ICE Benchmark Administration and ICE Clear Europe.
Expanded Bond Connect link with CFETS will allow mainland China institutional investors to invest in Hong Kong’s fixed income markets from 24 September.
Aim is to help users gain better insight into the pan-European liquidity landscape and quality of execution.
The now formally launched division, Jump Crypto, will be headed up by Jump Trading’s former director of strategic initiatives for digital assets.
New crypto lead formerly founded the crypto asset trading division at CMT Capital Markets Trading, CMT Digital.
As part of the new hosted algorithmic execution service, Cboe FX participants will have access to XTX Markets’ Execution Algo via its electronic communication network (ECN).
Innovation in partnership with DTCC and BNY Mellon expands post-trade capabilities into new asset classes.
Hires will be responsible for driving new client acquisition for TORA’s software solutions as well as helping provide software and workflow solutions to global institutional investors.
eRisk Analytics portal within HSBC’s single dealer platform Evolve will provide traders with key metrics to monitor FX algo performance.