Annabel Smith explores the growth of bilateral trading volumes in European equities, unpacking how the ascension of this increasingly complex segment could impact future liquidity and if it’s something regulators will assess further.
Wesley Bray explores the latest rule changes for fixed income clearing in the US, what institutions should be most conscious of, how to navigate these changes and what their impact will likely be on competition.
“We’ve seen the adoption of EMS solutions on fixed-income trading desks continue to grow this year, and we expect it to accelerate further as we move into 2025,” Andy Mahoney, managing director, EMEA, FlexTrade tells The TRADE.
Head of derivatives and multi-asset trading solutions at T. Rowe Price, Matt Howell, sits down with The TRADE to unpack some of the key themes when it comes to equity options, swaps and index futures, including industry talking points for the year ahead, methods for leveraging transaction cost analysis (TCA), and how to achieve best execution.
Finger of blame is being pointed in each direction between custodians, non-US traders and settlement system CLS over FX cut-offs, with last minute decisions and confusion meaning some asset managers are now left facing operational challenges, pre-funding trades and balancing settlement security with best execution obligations.
The TRADE sits down with equity trader at T. Rowe Price, Oriane Cochard, to explore the versatility of new talent reaching the trading desk and how the hiring process has changed to accommodate this.
Following a last-minute decision from Brussels in March to plug an accidental regulatory loophole, Annabel Smith explores what might’ve happened if the European market was left with no caps on dark trading and whether the events signal a wider issue in the European regulatory machine.
The TRADE speaks to Brendan McMurtray, vice president, FX electronic trading and market structure analyst at T. Rowe Price, about the key things to look out for when selecting an OEMS, utilising pre-trade data to improve execution outcomes and the current vendor landscape for holistic market views.
Addition of T.Rowe Price follows that of Swedish buy-sider Andra AP-fonden earlier this month.
Head of global trading at T. Rowe Price, Marc Wyatt, speaks to The TRADE about the push for multi-asset trading capabilities, the benefits of operating an agile multi-asset business and the challenges associated with building the trading desk of the future.