Baillie Gifford automates global trade processing
Baillie Gifford has chosen software specialist corfinancial to help automate its post-trade processing and settlement.
Buy side
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.
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.
Buy-side urged to better understand underlying liquidity in FX algos
Panelists at TradeTech FX USA agreed that the buy-side has a better grasp on how algos operate, but less so about the underlying liquidity.
Access to markets, fee compression top watch list for FX trading heads
Buy-side heads of FX trading at Vanguard and First Quadrant also highlighted the useful role of TCA data for pre- and post-trade.
US buy-side agree brokers must have access to direct data feeds
Greenwich Associates survey finds most buy-siders see access to direct data feeds as essential, while the debate on exchange market data continues in the US.
APAC forges ahead in algo trading with rising levels of improvement
The TRADE’s 2018 APAC Algorithmic Trading Survey shows the recent trend of improving performance shows no signs of slowing down.
UK’s FCA forces further disclosure of fund performance and use of benchmarks
The latest set of rules introduced by the FCA come in response to its extensive asset management study which raised concerns about fund fees.
Jupiter CEO to step down, Formica named as successor
Maarten Slendebroek will step down as CEO in March with the former co-CEO of Janus Henderson, Andrew Formica, due to take on the role.
PGGM addresses liquidity concerns through Eurex’s repo clearing service
PGGM is the first pension fund manager to centrally clear repos at German exchange group Eurex.