

LATEST NEWS
Almost 90% of buy-siders predict at least half of all research budgets to become client-funded in the next two years, report finds
Sentiment change has been spurred by clarifications from the FCA which address previous barriers to the shift, says a report by Substantive Research.
Fireside Friday with… MarketAxess’ Riad Chowdhury and Paulo Costa
The TRADE sits down with Riad Chowdhury, head of Asia-Pacific, and Paulo Costa, global head of data sales, MarketAxess, to discuss the importance of data transparency across fixed income, specifically delving into its potential impact across the APAC sphere, possible challenges posed by the region, and what the buy-side is thinking.
VWAP-Arrival: A dynamic approach to reducing arrival slippage
Berenberg’s VWAP-Arrival strategy uses dynamic participation, adaptive logic, and precise volume forecasting to reduce slippage and improve execution versus arrival benchmarks.
Barclays names APAC head of high touch sales trading
Individual joins from HSBC and is set to help drive the growth of the firm’s APAC equities.
ESMA announces data contributors for equity CTP
Aquis Exchange, Bloomberg, Cboe, Euronext, London Stock Exchange Group (LSEG), Nasdaq and Tradeweb are among those included in the published list.
HIGHLIGHTS

If the acquisition comes to fruition, the combined group would run on a unified trading and post-trade technology, with a cross-border clearing framework.
READ MORETRADE TV

Jerome Blais outlines how Euronext Securities is tackling fragmentation in Europe’s post-trade landscape, unveiling a strategy aimed at unifying operations and driving market efficiency.
WATCH VIDEOINSIDE THE MAGAZINE

The TRADE issue 83 Q1 2025

The TRADE issue 82 Q4 2024

The TRADE issue 81 Q3 2024
MORE NEWS
Rethinking market hours: Why Europe should follow behaviour, not headlines
Berenberg equity sales trader joins Goldman Sachs
Individual previously spent eight years at BlackRock, working out of Philadelphia, Hong Kong, and New York.
Jupiter to acquire CCLA Investment Management in £100 million deal
CCLA is the largest UK asset manager focused on non-profit organisations; Move is motivated by strategic, cultural and financial perspectives, according to Jupiter.
Bloomberg and Clearwater partner to enhance investment management workflows
The offering follows a growing demand from clients for more flexibility in how front-office and back-office systems are integrated.
Legal & General trader departs for BNY outsourced refit
Individual has been with LGIM for almost three years and is set to join BNY’s outsourced unit in the coming months, The TRADE understands.
AI to have greatest impact on algo optimisation in equity trading, report finds
Venue selection and broker strategy choices are also expected to see significant impacts, however firms should be aware of AI’s challenges, according to a Coalition Greenwich report.
Droit updates global regulatory decision-making platform
Droit users – which include Wells Fargo, Goldman Sachs, RBC Capital Markets, UBS, and more – will now benefit from a longer lead time to examine the portfolio impact of rule changes.
Liquidnet taps State Street for head of CEEMEA equity markets
Individual has previously worked at CF Global Trading, HSBC, the European Bank for Reconstruction and Development (EBRD), Merrill Lynch and Credit Suisse.
Cboe Europe to launch EBBO retail trading solution
The offering will provide retail investors with free execution of retail orders at, or better than, EBBO across 18 European markets.
Morgan Stanley Investment Management appoints ex-Nomura AM trader
Individual had been with Nomura Asset Management since 2018 and has previously also served at Goldman Sachs and BNY Mellon.
Australian Securities Exchange, Tokyo Stock Exchange and Fujitsu collaborate on RFQ platform
The offering is expected to bring innovation in electronic trading and support the development of the Australian ETF market.