Over a third (37%) of total 2023 volumes were executed through algorithms and/or smart order routers, with this figure expected to reach 40% in the next three years, a Coalition Greenwich report has found.
The new units are part of the firm’s wider reorganisation into six distinct lines of business, aimed at supporting clients’ multi-asset needs.
Liberum’s new A-PEX algorithm, which connects to Clearpool’s algorithmic management system (AMS), is set to allow the business to more easily smart order route, with extra configuration abilities, to OptimX.
The addition of Optiver aims to help represent the diverse interests of all market participants alongside fostering innovations to improve the overall market experience.
The move will help increase international participation in China’s equities and fixed-income markets and increase investment and risk management opportunities in Hong Kong.
Incoming individual has previously worked at: Nomura, Credit Suisse and Societe Generale Corporate and Investment Banking.
Incoming individual has previously worked at: NN Investment Partners, ING Investment Management and Robeco.
There is a significant gap in the market for a customisable listed product, an Acuiti report has found.
Around two thirds of firms are set to make higher than average investments in 2024, with algo trading tools, connectivity to new markets, and market data the top priorities, according to the latest Acuiti report.
Euronext has appointed Simon Gallagher head of global sales for Euronext and chief executive of Euronext London, having formerly led the cash and derivatives team.