US market increasingly ready to embrace alternative trading systems
Almost 40% of US electronic traders have "a lot" of interest in having "more innovative" trading venues to choose from, according to the latest Coalition Greenwich report.
Asset Classes
JP Morgan taps Deutsche Bank for new FX options trader
New appointment previously held positions at both Deutsche Bank and NatWest Markets.
ION connects to FMX Futures Exchange to bolster execution and post-trade clearing
Development will allow banks and brokers using ION’s technology stack to offer clients advanced execution capabilities and clearing services on the newly launched exchange from day one.
In-house algorithmic execution platforms are the way forward
The TRADE sits down with Rick Lodder, algorithmic execution specialist at MN, to discuss the important role of algos in levelling up the front-office tech stack, potential technological barriers when it comes to FX instruments, and the increasingly strong case for in-house algorithmic execution platforms.
Artemis Investment Management outsources equities and derivatives trading to Northern Trust
Northern Trust’s outsourced trading desk to support $33 billion asset manager for equity funds under management and all related derivatives.
OptAxe launches new MTF for FX options
Having received authorisation from the FCA, the OptAxe trading venue centralises FX options liquidity to increase trading opportunities.
Broadridge to support OTC derivatives reporting across various jurisdictions
Reporting requirements by the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC) will be supported alongside include other updated regulatory regimes and asset classes.
Don’t sleep on emerging markets fixed income
As the industry turns its collective attention to the potential for a rebounding of emerging markets in the fixed income sphere, Claudia Preece takes a look at the current state of play, unpacking how both firms and providers are keeping EM bonds front of mind to maximise opportunities in the space and the key motivations for desks going forward.
World Government Bond Index to include Tradeweb FTSE benchmark closing prices
Expected to be included in March 2025, the move comes as part of Tradeweb’s “commitment to develop the next generation of fixed income pricing and index trading products for traders and investors worldwide.”
Former head of CME Group’s EBS Direct joins SGX FX
Incoming individual previously led the launch of EBS Direct into a new bilateral FX trading venue – which is now owned by CME Group.