The TRADE Magazine, Summer 2021

The latest edition of The TRADE Magazine is now available to read online.

The Summer 2021 issue of The TRADE magazine is now available to read online. Delve into the very best content from the latest issue:

Buy-side cover interview – Head of EMEA equity trading at BlackRock, Paul Battams, sits down with Hayley McDowell to discuss evolving market structure trends and his top priorities as a buy-side trading leader at the world’s largest asset manager.

The Big Interview – Global head of trading and order generation at UBS Asset Management, Lynn Challenger, tells Annabel Smith that order flow is increasingly being internalised as buy-side traders continue to grapple with trading costs.

TP ICAP & Liquidnet: the growth deal – Following the $700 million acquisition of institutional trading network and dark pool operator Liquidnet by TP ICAP, Hayley McDowell sits down with TP ICAP’s group head of strategy, Joanna Nader, and CEO of agency execution, John Ruskin, to investigate the merger.

The two-strong trading team – Head of trading, Alex Roselló, and equity trader, Gustavo Iglesias, at Bestinver, tell Hayley McDowell about adapting to a surge in trading volumes following the Spanish asset manager’s acquisition of Fidentiis, and the challenges that Brexit has posed for European buy-side firms.

Crypto – As more major institutions continue to enter the digital asset space, Annabel Smith explores whether appetite from the traditional buy-side to engage with the crypto market is increasing.

Farewell open outcry – Following the decision by US derivatives exchange group CME to permanently close its open outcry trading pits, Annabel Smith looks at the history of trading floors in Chicago.

The 2021 Algorithmic Trading Survey – Results from The TRADE’s 2021 Algorithmic Trading Survey revealed that hedge funds are relying more on algorithms to trade the majority of their portfolios, with dark liquidity seeking strategies the most popular.