The TRADE and James Barnett, trader at Manulife Investment Management, discuss the value of one multi-asset trader managing both execution and hedging and the importance of utilising available resources and partnerships to maintain a specialist service on a cross asset desk.
New desk head has previously worked at Lloyds Banking Group and Charles Stanley & Co.
UBS is making a sweep of appointments following the completion of its Credit Suisse merger.
Strategic partnership will allow TS Imagine’s users to benefit from Cassini Systems’ intelligent analytics across OTC and ETD products, The TRADE can reveal.
Named Bridge AXE the new tool will expand users’ ability to anonymously publish trading interests; follows the launch of Bloomberg’s all-to-all platform in Q2 2022.
Back in June, TD Bank Group and Cowen had announced that the prime brokerage and outsourced trading businesses were parting ways just months after the deal was completed, seeking a more ‘strategically and geographically aligned’ partner.
New additions have previously served at Mariana Capital, GFI Group, Citi, Liquidnet, Goldman Sachs, ConvergEx Group, and RBS.
The move follows the Brazilian Securities Commission ruling last year to allow block trading for the first time.
With growing use cases of axes, The TRADE speaks to market participants about the increase in demand for them in fixed income and what sort of data users are looking for.
Effective from today, the new sweep order types will allow participants to access the dark, periodic auction and lit order books without the need to submit multiple orders.