The Trade News Alert

26 June 2019

Regulation

Merrill Lynch fined $25 million for multi-year spoofing scheme

Merrill Lynch Commodities admitted the illegal activity following an investigation by the US Department of Justice and the CFTC.

Fixed income

Hedge fund Citadel executes cleared cash and repo trades through DTCC

DTCC recently broadened the category of market participants accessing the Fixed Income Clearing Corporation’s cleared repo service.

Sponsored by Refinitiv

Will smarter machines make smarter traders?

Although the use of AI-led systems, such as algo wheels, automation and analytics solutions, have been in use for some time, the buy-side trading desk is primed to develop these tools even further.

Foreign Exchange

INTL FCStone launches FX trading mobile app for institutional clients

INTL FCStone has said that demand from institutional clients for mobile trading services has increased.

TRADE TV

Aquis Exchange Europe: A new future in France

Graham Dick, CEO, Aquis Exchange Europe, talks to TRADE TV at this year’s TradeTech conference about selecting Paris as the exchange’s EU27 hub and what subscription pricing means for its members.

Watch now

Technology

The TRADE’s 2019 EMS Survey is now open for submissions

The TRADE invites buy-side users to rate their EMS providers in the 2019 edition of the annual survey.

Survey

New US Treasury survey launched by The TRADE and Aite Group

Readers of The TRADE invited to complete five-minute survey on the US Treasury market and receive results this summer.

Issue 59Now Available

In our latest issue, we speak to Carl James, global head of fixed income trading at Pictet Asset Management, about his career to date, embracing change and where the fixed income world is heading. We also examine Brexit’s impact on Europe’s clearing landscape, the unintended consequences of research unbundling for buy- and sell-side institutions, and shine a light on global exchange activity so far in 2019, as well as present the first half of the 2019 algorithmic trading survey.