Over 150 industry leaders gathered at Chelsea Piers in New York last night to celebrate their achievements throughout the year. 

Implementation marks an expansion of the strategic relationship between the two firms established in 2004.  

Grady accepted the Lifetime Achievement Award at The TRADE’s Leaders in Trading 2024 event, recognising his contribution to the industry. 

The TRADE’s Leaders in Trading New York event is back with more than 150 industry peers set to attend the glittering ceremony at Chelsea Piers tonight.

The UK’s bond CTP tender winner, Etrading Software, tells The TRADE the application is a strong signal to market participants to continue their preparations for the launch of the UK tape, while the legal challenge proceeds in parallel.

Incoming hire spent more than 24 years at Morgan Stanley, holding senior roles including COO and head of strategy for reinvestment, global head of sales strategy. 

The past week has seen a head of trading departure and a head of markets appointment, as well as hires across equities sales and fixed income.  

With less than 40% of equity volume now trading on primary exchanges, legacy benchmarks increasingly fail to reflect where liquidity truly resides. As fragmentation deepens across exchanges, MTFs, dark pools and bilateral venues, firms risk misjudging execution quality unless they adopt smarter, independent reference prices shaped by their actual trading footprint. The trading industry’s next edge lies in smarter measurement, not speed, writes Robin Mess, co-founder and chief executive, xyt.

Prediction markets have traditionally been largely driven by retail demand, however findings in Acuiti’s recent report point towards a growth in institutional interest, with planned adoption from these firms highest in the US.   

The move is part of the firm’s continued push to bolster its Asia Pacific presence and strengthen its overall Global Markets platform.

The TRADE sits down with Troy Dixon, co-head of global markets at Tradeweb, to explore market shifts, the impact of technological advances on trading life and how the landscape is changing as traditional finance increasingly connects with digital assets.