Ex-Jupiter AM trader joins Jefferies
Individual has previously worked at: Merian Global Investors, Old Mutual Global Investors, Goldman Sachs, ITG, and the UK's Financial Conduct Authority (FCA).
Sell-Side
UBS makes shock exit from outsourced trading game
One of the largest outsourced trading firms has served its clients a three month notice, just weeks after appointing a new head for the business, The TRADE has learnt.
European equities broker wallet stops shrinking, but concentration on the rise, report finds
Approximately 20% of trading activity is executed with the top broker, while 60% is executed with the top five brokers, Coalition Greenwich’s report suggests.
Fireside Friday with… Investec’s Dominic Lowres
The TRADE sits down with head of electronic trading and execution strategy at Investec, Dominic Lowres, following the launch of the bank’s new low touch trading platform ZebrA-X, to deep dive into trends across the low touch sphere and the impact of shrinking commissions on the competitive landscape.
State Street unveils updates to its digital trading and FX platform
The new platform, LINK, is part of the firm’s GlobalLink solutions and is set to “allow clients to make more efficient and effective trading decisions using next-gen infrastructure”.
BTIG and OptimX partner on buy-side focused offering
“This partnership addresses the growing demand among institutional traders for advanced, centralised technology that enables seamless access to deep liquidity and high-quality execution,” said the firms.
Pension reforms set to see buy-side evolve into price-givers, not price-takers
Consolidation plans set to negatively impact smaller boutique asset management firms most heavily, said experts speaking at a closed roundtable, as the “opportunity to compete” may potentially dissolve completely.
Kepler Cheuvreux’s KCx launches MENA execution access
New development opens trading opportunities in: Dubai, Kuwait, Qatar, Abu Dhabi, Saudi Arabia, Oman, Bahrain and Egypt.
Liontrust exploring outsourced trading arrangement with BNY
According to a trading update seen by The TRADE, the asset manager is exploring “deepening” its existing strategic relationship with BNY through outsourcing trading outside of the UK.
Trading Technologies launches new equities broker ranking system
The new scorecard system will provide monthly rankings of equity brokers for institutional investors.