Asia

Nearly a third of buy-side traders are prioritising the implementation of rules-based trading automation in 2021, study from Bloomberg and WBR reveals.

As part of a scheme by the Monetary Authority of Singapore, Northern Trust is the latest major bank to launch an eFX trading and pricing engine in the region.

New hire at HKEX comes at a crucial time for the exchange group as it looks to implement and roll out several key post-trade initiatives. 

The new base at Optiver will focus on derivatives trading in commodity and equity products on Singaporean and global exchanges.

Alongside the acquisition, Cboe has appointed Bryan Harkins to replace BIDS Trading president Tim Mahoney as he retires after 15 years in the role.  

The execution algorithms from Quantitative Brokers launched on the Osaka Exchange are co-located at JPX,  for close proximity to the exchange’s matching engines.

David Rogers joins Outset Global as a managing director in Hong Kong after three years as head of multi-asset trading for Asia Pacific at State Street Global Advisors.

The pair said the newly expanded product offering emphasized their commitment to connecting markets globally.

The component-based solution from Deutsche Bank aims to address challenges across workflow for payments, funding and FX in Asia Pacific markets with capital restrictions. 

Shingo Yatsui will run the new entity in Tokyo at BTIG, focusing on building a local team and strengthening the investment banking business.