Baillie Gifford automates global trade processing
Baillie Gifford has chosen software specialist corfinancial to help automate its post-trade processing and settlement.
News
Larger buy-side firms cut research budgets as MiFID II beds in
CFA Institute report suggests unbundling has not had a positive impact on the industry as budgets decrease, while coverage and quality of research falls.
MiFID II helps Tradeweb reach record European ETF volumes in January
Tradeweb saw record European ETF volumes last month, with 44.9% being traded via its AiEX electronic trading platform.
Europe to recognise LCH, ICE & LME as CCPs in ‘no-deal’ Brexit
ESMA has been making plans to prepare for a ‘no-deal’ scenario ahead of Brexit, with disruption to clearing being one of the biggest concerns.
Outsourcing crucial as industry shifts from best execution to smart execution
Market participants agree that trust is a key aspect for firms looking to work with technology providers on their execution processes.
Buy-side panellists divided on importance of pre-trade analytics for FX risk mitigation
Speakers from Fidelity Investments and Manulife Asset Management offered opposing views on the role of pre-trade analytics in FX trading at TradeTech FX USA.
Trading firms seek ‘in-flight’ TCA to flag potentially bad FX trades
Speakers at TradeTech FX USA told delegates that traders would be empowered if ‘in-flight’ TCA could flag when trades aren’t going as planned.
Buy side
Buy-side looking for flexibility as top technology requirement from vendors
Buy-side panellists highlight importance of working with forward-looking technology vendors and warn those that do not take a pro-active approach.
Data will be key differentiator for FX platforms amid consolidation concerns
Intelligent use and provision of data sets to buy-side clients will be a defining factor for FX trading venues going forward according to TradeTech FX USA panel.
ICE combines bond trading platforms under new unit
ICE establishes new fixed income trading business which combines its three platforms TMC Bonds, BondPoint and ICE Credit Trade.