Equities

New addition to the desk set to focus on enhancing execution quality and performance. 

Initiative comes as several trading venues prepare to potentially extend trading hours; consultation group will focus on the evolving role of broker-dealers and the implications of expanded access for global investors. 

Natasha Cocksedge unpacks the key themes from The TRADE’s 24/7 equities trading webinar, which explored the different perspectives regarding the prospect of round-the-clock trading, featuring industry experts from T.Rowe Price, Glenmede Investment Management, Lazard Asset Management, Clear Street, and more.

Through the development of a tokenised securities platform, the New York Stock Exchange (NYSE) will also offer instant settlement, orders sized in dollar amounts, and stablecoin-based funding, pending regulatory approval.

New hire joins after a three-year tenure at AXA IM; he brings extensive multi-asset electronic trading experience to his new role.  

The equities and research joint venture between Societe Generale and AllianceBernstein was announced in 2024; redundancies are currently being made on a voluntary basis, The TRADE understands.

The move is expected to support the wider industry as exchanges such as NYSE, Nasdaq and Cboe begin to prepare for a shift to overnight trading models for US equities markets.  

Previous roles include stints at: Deutsche Bank, Andor Capital Management and UBS Investment Bank.  

The new offering aims to address challenges traditionally facing equity derivatives markets including fixed trading hours and legacy clearing cycles, beneficial for both institutional and retail clients, One Trading chief executive tells The TRADE.