EuroCTP selects Exegy as technology provider for EU shares and ETFs consolidated tape
The integration will leverage Exegy’s ticker plant technology, and aims to support the delivery of a robust and resilient pre- and post-trade consolidated tape.
The integration will leverage Exegy’s ticker plant technology, and aims to support the delivery of a robust and resilient pre- and post-trade consolidated tape.
Individual steps up to the role after 12 years at the investment management giant; most recently served as EMEA head of secondary and options markets for iShares.
New hire will focus on Europe and APAC, supporting the firm’s plans to serve more clients across the regions; individual has previously held senior positions at Vanguard, Goldman Sachs and Morgan Stanley.
The new offering is set to enhance ETF market access, liquidity and execution quality for institutional clients, and is also supported by research from the firm’s subsidiary, Trackinsight.
The TRADE sits down with Jean-Pierre Ané, deputy chief executive at Kepler Cheuvreux, to discuss the current outlook for ETFs, how demand is shifting and what new trends are influencing the landscape.
Individual previously spent three years at BlackRock in various senior roles, and has also worked at Citi and Capital Group.
The past week has seen senior appointments across equities trading and FX, as well as hires across institutional sales, spanning cash equities and ETFs.
The new offering integrates Tradeweb and is expected to support institutional investors trading ETFs to gain access to wider global liquidity pools, increase automation and improve risk management.
The new product launch, developed in close collaboration with Societe Generale, comes off the back of the recent surge in ETFs across the industry.
Currently EuroCTP is the only confirmed bidder for ESMA’s tape; ESMA is expected to make a decision on the CTP by the end of 2025.