RBC GAM hires from Ontario Teachers’ Pension Plan director for senior trader
Appointment will cover global fixed income and currencies for the asset manager and brings more than two decades of industry experience to the role.
Nasdaq brings central counterparty clearing to Iceland’s equity market
The implementation is expected to come into effect in Q1 2028; Cboe Clear Europe will also serve as CCP partner for the Icelandic equity market.
Digital Assets
A hybrid decade ahead: Traditional and digital assets are converging, but slowly
Although institutional adoption of digital assets is on the up, obstacles around perception of these products and how the market close may function in a digital asset world were up for debate at TradeTech FX.
FX swaps market caught between automation and lingering manual processes
Data remains key to providing transparency in this market, yet bank appetite is increasingly important in dictating whether FX swaps are executed electronically or via voice, argue experts at TradeTech FX in Amsterdam.
Liquidnet unveils new electronic trading platform to combat equity market fragmentation
Liquidnet Meridian combines dark, lit and alternative liquidity under a single agency gateway, and supports buy-side traders looking to minimise information leakage, uncover hidden liquidity and achieve best execution, The TRADE understands.
FX swaps are going electronic, but not overnight
The appetite for automation in FX swaps market is ramping up, however panellists at TradeTech FX emphasise that structural challenges – such as clearing and credit constraints – still continue to shape the pace of change.
Bloomberg launch buy-side API enabling FX options trading on FXGO
The launch will allow buy-side traders to run the entire RFQ workflow programmatically and supports the rising demand for end-to-end RFQ automation across FX markets.
Stifel appoints co-heads of leveraged finance sales
Both hires will support Stifel’s build out of its global fixed income platform.
Jefferies to pull plug on outsourced fixed income trading
The firm’s head of fixed income outsourced trading is also set to depart amid the wind down, The TRADE has learnt.
Caplin unveils end-to-end solution to enhance sell-side digital asset deployment
The new offering provides a single interface combining FX and digital assets and allows desks to go live in 12 weeks as digital asset adoption gains pace across the industry.