People Moves Roundup: Clear Street, Cboe and T. Rowe Price
The past week saw appointments across electronic execution, cash equities, chief executive positions and trading strategy.
Tag: T. Rowe Price
T. Rowe Price names new global head of trading strategy
Individual has been internally promoted following 14 years with the firm, and previously held positions at Caxton Associates, Tudor Investment Corporation and AllianceBernstein.
Buy-Side
The T. Rowe Price fixed income desk on making an impact
T. Rowe Price’s global fixed income trading desk speaks to Claudia Preece fresh off the back of the firm’s Fixed Income Trading Desk of the Year Award win at The TRADE’s Leaders in Trading New York 2024 event, unpacking the importance of an integrated, collaborative approach to trading and leveraging individual talent to maximise team wins, as well as how life on the desk could look different in the not-so-distant future.
Buy-Side
Liquidity, it’s a two-way street
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.
Fixed Income
A look into the centrally cleared future
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.
T.Rowe Price live on Propellant’s Digital’s fixed income transparency data offering via FlexTrade
“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.
Fireside Friday with… T. Rowe Price’s Matt Howell
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.
Buy-Side
Inside the FX cut-off conundrum sparking animosity between the buy-side, CLS and custodians as T+1 looms
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.
Oriane Cochard: The future is versatile
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.
Regulation
The dark trading debacle – does anyone even care?
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.