The TRADE spoke with a selection of fixed income participants to discuss the challenges of sourcing liquidity in today’s environment. Hear from David Berney, founder at Ergo Consultancy; David Tattan, managing director at technology provider TORA; and Daemon Bear, senior consultant, director EMEA at Baker Global Advisory, among others, offering their unique insights on how to deal with one of the thornier problems facing multi-asset- focused fund managers today.
BNP Paribas, Coremont, Morgan Stanley and TORA all saw new additions and departures this week.
Incoming sales director previously served at State Street, Bloomberg and Thomson Reuters and will focus on expanding TORA’s business in the US.
The selection follows the news of TORA’s planned acquisition by London Stock Exchange Group (LSEG).
The past week saw appointments from DWS, TORA and the FCA alongside a departure from Kepler Cheuvreux.
New outsourced trader at TORA previously served at GFI Group, Mirae Asset Global Investment, Bloomberg’s Tradebook, UBS, Citi and Cabrera.
Speaking to The TRADE, group head of trading and banking solutions at LSEG, Dean Berry, and TORA chief, Robert Dykes, explain the ins and outs of the deal.
Exchange says the acquisition would add digital assets trading to its roster and enhance its trading and banking solutions business across Asia, North America and Europe.
This year has brought with it a wave of technological developments while the ongoing pandemic has stressed the need for interoperability and desktop consolidation, these participants don’t see this trend going away any time soon.
New product manager at TORA joins with nearly 20 years electronic sales trading experience across roles at ITG, Instinet, Nomura, Mizuho and Horizon Asset.