Named big xyt ecosystems, the joint venture will offer the Trade Explorer data platform - which was recently launched in South Africa - to financial centres globally.
The move has come in response to the pre-hedging debate, according to the business.
Best execution analysis is a given when it comes to transaction cost analysis, however, panellists noted there are steps that need to be taken to gain true insight-generating analytics; a somewhat untapped edge that TCA can provide.
New head brings more than 20 years’ experience working in the global financial industry to BMLL, joining from big xyt where she served as head of sales, Americas.
big xyt survey suggests systematic internaliser (SI), continuous and dark trading volumes are all falling at the hands of the off-book negotiated trades segment.
Outsourced trading, liquidity challenges, increased buy-side competition and retail participation are subjects high on our experts’ agenda in this review.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Market Data Provider this year: including big xyt, BMLL, Bloomberg, FactSet and Parameta Solutions, TP ICAP.
The past week saw appointments from Liquidnet, big xyt, FlexTrade, United Fintech, West Asset Management and TS Imagine.
Incoming head brings over three decades of experience, having previously served at Score Priority, Lime Brokerage, Royal Bank of Scotland and Citadel Securities.
Trading volumes are continuing to migrate towards the Close in light of the growing number of passive funds coming to market.