MIAX set to launch US options electronic exchange and physical trading floor
New exchange will utilise taker-maker pricing and a price-time allocation model; will commence electronic trading in Q2 next year, following regulatory approval.
Market maker Winterflood cuts twenty positions in London including six traders
The job cuts follow a 75% collapse in annual profits at the securities firm as investors shunned trading riskier stocks.
Janus Henderson’s Richard Worrell departs for LSEG role to kickstart new stage of growth
Worrell has been head of equity trading for EMEA at the asset manager for nearly seven years.
Schroders streamlines data and operations automation through expanded Xceptor partnership
New phase of implementation builds on the pair’s existing relationship that saw Schroders use the Xceptor platform for cash flow handling for its Aladdin investment book of record.
Buy-Side
SSGA’s Sharon Ruffles on fixed income trading: It’s a different job every day
As global economies diverge amid rate hikes and inflation, Sharon Ruffles, head of fixed income trading for EMEA and Asia Pacific at State Street Global Advisors, sits down with Annabel Smith to deep dive into the fixed income markets, exploring the next step for electronification, the evolution of technology and the importance of variety when it comes to sourcing liquidity.
Fireside Friday with… Morgan Stanley’s Maria Salamanca Mejia
The TRADE sits down with Morgan Stanley’s EMEA head of market structure, Maria Salamanca Mejia, to discuss what’s needed to boost volumes in Europe, the regulatory focus in the coming year in EMEA, and market participants’ evolving view towards regulatory divergence between the UK and Europe post-Brexit.
FILS Europe 2023: Buy-side must find the line between chaos and stagnation in enhancement of ‘monolithic’ order management systems
Panellists speaking at the Fixed Income Leaders Summit Europe 2023 likened some buy-side firms to battery farm chickens, accepting of mediocrity and unaware of the agile world outside of their monolithic systems.
FILS Europe 2023: Human traders still hold the cards amid continued automation
Panellists argued artificial intelligence is “just a tool” to be wielded by humans; said future success in fixed income is centralised around traders armed with explainable data strategies.
Buy-Side
Leaders in Trading 2023: Voting now open for this year’s Buy-Side Awards
Vote now for your preferred candidate across six categories, with winners announced at The TRADE’s Leaders in Trading gala awards night at The Savoy Hotel on 8 November.
Fireside Friday with… LSEG’s Neill Penney and Bart Joris
LSEG’s head of FX sell-side trading, Bart Joris, and group head of FX, Neill Penney, sit down with The TRADE to explore what the next stage of automation for NDFs, swaps and forwards might look like, and use cases for artificial intelligence in FX across post-trade and TCA.