Redburn appoints new global head of execution services
New execution services head has been with Redburn for 13.5 years, joining as an equities sales trader in 2009.
Equities
European investment grade bond prices fell 15% in wake of Russian invasion and inflation, finds ESMA
ESMA risk report found prices dropped 15% peak-to-trough between August last year and May 2022, nearly double that seen during the pandemic.
LSEG’s Turquoise partners with M-DAQ to offer cross-currency equity trade settlements
The cooperation looks to reduce operational risks faced by brokers alongside improving efficiencies to equity capital markets.
Rising inflation is driving institutional investors away from traditional asset classes, finds research
A new survey seen by The TRADE finds that pessimism in stock markets is on the rise, with numerous asset managers reporting losses and over half fearing a prolonged recession.
Defining a block in the 21st century
The industry needs to adjust its perception of what a block is to reflect the current reality, writes Jeffrey O’Connor, senior execution consultant, market insight analyst, US equities at Liquidnet.
European equities: the American dream?
As the European equities landscape becomes increasingly bloody and the largest US banks continue to dominate, Annabel Smith explores why European banks struggle to profit on their own turf and, if the Bloc were to need a home-grown champion, who it could be.
LCH EquityClear goes live with cash equities VaR margin model
The new VaR risk methodology will be applied across 12 regulated markets and multilateral trading facilities.
FCA launches consultation on how to improve UK equity markets
The consultation paper, seen by The TRADE, contains proposals aimed at improving the functioning of the equity secondary markets.
Rate hikes send markets spinning as recession looms
Markets were battered last week following a slew of central bank interest rate increases, with both bond and equity traders seeing heightened volatility. The TRADE takes a look at the impact of the hikes on the current landscape.
Erratic intraday liquidity sees positions become increasingly sticky
Speaking to The TRADE, head of EMEA trading for BNY Mellon Pershing, Mike Horan, said unpredictable liquidity was deterring investors from taking on certain positions.