Equities

Move is set to enhance equity research and investment banking; acquisition subject to regulatory approval.

The exchange aligns with Cboe Global Markets and the New York Stock Exchange, who have also announced plans to extend trading hours for US equities on their respective platforms.  

The joint asset management company – Kepler Cheuvreux Unigestion Equities – is set to specialise in quantitative strategies for public equities.

Expansion aims to provide increased access to the US markets for traders, particularly those based in APAC. 

Further appointments include a new head of sales for European cash equities and a continental EU sales head.

The platform – ZebrA-X – is designed to facilitate the efficient execution of block trades, The TRADE understands.

Named AlphaX US, the venue will trade US-listed securities only (Reg NMS) and follow the US equity market holiday calendar.

Industry experts from Liquidnet, FlexTrade, Tradeweb, BNY, and State Street Global Markets speak to The TRADE about their outlooks for the multi-asset sphere, including how the market structure landscape is shifting, increased cross-pollination, and outsourced trading expanding to more asset classes.

Commentators from Baillie Gifford, OTC Markets Group, Horizon Trading Solutions, and Blue Ocean Technologies speak to The TRADE about what they believe is in store for the equities sphere, including: the impacts of policy decisions, potentially expanding trading hours, and keeping the UK competitive.

The move builds on the bank’s drive to expand securities lending in the UAE and wider Middle East.