Former Deutsche Bank trading head joins Pacific AM as direct indexing and quantitative head
New head of direct indexing and quantitative investments at Pacific Asset Management spent 15 years at Deutsche Bank in several senior trading roles.
Buy-Side
Hedge funds rely on algos to trade majority of portfolios in market stress
Results from The TRADE’s 2021 Algorithmic Trading Survey revealed that hedge funds are relying more on algorithms to trade the majority of their portfolios, with dark liquidity seeking strategies the most popular.
Man Group migrates post-trade processing to new DTCC platform with corfinancial
Salerio from corfinancial provided connectivity to DTCC’s CTM trade confirmation platform as Man Group migrated its US equity post-trade workflows.
LCH expands RepoClear buy-side clearing model
Early supporter of sponsored clearing at LCH RepoClear Insight Investment has already gone live with additional funds as model is extended.
Morgan Stanley IM global trading head appointed head of US outsourced trading business at UBS
UBS has made two senior trading hires from Morgan Stanley Investment Management as it expands the outsourced trading team in the US.
Being a leader at BlackRock
Head of EMEA equity trading at BlackRock, Paul Battams, sits down with Hayley McDowell to discuss evolving market structure trends and his top priorities as a buy-side trading leader at the world’s largest asset manager.
CLS sees buy-side adoption of post-trade platform grow after State Street integration
Increased traction demonstrates demand from the buy-side to manage all FX post-trade workflow within one platform, claimed CLS.
Groupama Asset Management executes first trade on eLiSA execution system
First live trade on eLiSA platform with Groupama Asset Management was in coordination with Bank of America Merrill Lynch and Morgan Stanley.
Refinitiv FXall to connect to LSEG’s LCH for OTC clearing
New connectivity will allow traders on FXall to accelerate their access to clearing of FX OTC trades through LCH’s ForexClear.
BlackRock expands Aladdin Climate with Baringa Partners acquisition
Under a long-term partnership, BlackRock will acquire and integrate Baringa Partners’ Climate Change Scenario Model into its Aladdin Climate technology.