The new membership network has already attracted buy-side firms and aims to address environmental challenges specific to trading firms through accountability to the wider industry and investors.
Head of investments and group chief investment officer, Rob Sharps, will replace Bill Stromberg as CEO when he steps down later this year.
The recent funding round was led by Dragoneer Investment Group and included private equity firm TPG, as well as funds managed by BlackRock and T. Rowe Price.
Following a major win at The TRADE’s Leaders in Trading awards ceremony, Hayley McDowell sits down with Jeremy Ellis, head of European equity trading at T. Rowe Price, and the trading desk to discuss the biggest market structure changes impacting execution.
Buy-side heavyweights join Credit Suisse and Exane BNP Paribas as Plato Partnership’s newest members.
Following intense debate among market participants on the extensive costs of market data, incumbent exchanges could soon have less power over the consolidated tape in the US.
BlackRock, Goldman Sachs, Allianz, JP Morgan and Vanguard are among those raising concerns about CCPs, urging regulators to take action.
A roundtable hosted by the SEC with high-profile market participants highlighted just how divided Wall Street and regulated exchanges are on the issue of market data and access to exchanges, writes Hayley McDowell.
The TRADE profiles its Rising Stars of 2018, concluding with Jack Boland, Tim Miller, Andrea Bradshaw, Richard Pinnington and Edouard Bugeaud.
Fragmented nature of European regulatory authorities means a TRACE-style source of fixed income data is unlikely to be replicated in Europe, according to panelists.