INDUSTRY VIEWPOINTS

‘Pay it forward’ – Virtu’s Melissa Ellis

As part of our Diversity on the Desk series, we spoke to Melissa Ellis,...

Fink harder – BlackRock investor letter urges importance of secondary markets

The founder and CEO of BlackRock, the word's biggest asset manager, has called the...

From the floor at FIX: Debbie Kaye introduces the new global FIX hub from Iress

At FIX EMEA we were delighted to sit down with Iress' new head of...

From the floor at FIX: Themes in electronic equity trading with BMO’s Mike Green

Mike Green of BMO sits down with editor Laurie McAughtry to discuss the team's...

‘Change starts with education’ – Glenmede Investment Management’s Melissa Hinmon

As part of our Diversity on the Desk series, we spoke to Melissa Hinmon,...

‘Being different is a powerful thing’ – JP Morgan Asset Management’s Ako Nishi

As part of our Diversity on the Desk series, we spoke to Ako Nishi,...

Welcome to the dark side

Although lit markets may question the efficacy of dark pools, an increasing number of major exchanges are releasing their own dark platforms. Is opening these platforms exacerbating issues of dwindling lit liquidity, or is this a way to mitigate against further damage? BEST EXECUTION explores the current landscape, speaking...

NEWS IN BRIEF

NEWS

FSB sets out NBFI liquidity preparedness proposals

Following the 2022 BCBS-CPMI-IOSCO review of margining practices, and recent reports on stress in commodities markets, the FSB has published a consultation report listing...

Iress partners with InfinitX for unlisted securities trading

Iress has partnered with InfinitX to allow clients to trade unlisted securities through Iress’s execution management system and Iress Order System (IOS+) platforms. Through the...

Davies names Peter Keaveney head of North American asset and wealth management

Peter Keaveney has joined Consulting at Davies as partner and head of the North American asset and wealth management practice. Keaveney brings more than 30...

EquiLend rolls out Orbisa securities lending data on Bloomberg Terminal

Equilend, a technology, data and analytics firm, has launched Orbisa securities lending data on the Bloomberg App Portal, providing a dataset comprising US$32 trillion...

C8 launches systematic FX hedge platform

C8 Technologies is rolling out an FX hedging platform, which employs machine learning and statistical models, designed to assist firms with managing their currency...

ESMA: EMIR data quality ‘evolving positively’

EMIR data quality has improved over the last five years according to the European Securities and Markets Authority (ESMA). ESMA’s follow-up report to 2019’s review...

TRADING

EquiLend rolls out Orbisa securities lending data on Bloomberg Terminal

Equilend, a technology, data and analytics firm, has launched Orbisa securities lending data on the Bloomberg App Portal, providing a dataset comprising US$32 trillion of global lendable equity and fixed income securities.  Bloomberg Terminal users can subscribe to the Orbisa app for a view into all active securities lending markets...

C8 launches systematic FX hedge platform

C8 Technologies is rolling out an FX hedging platform, which employs machine learning and statistical models, designed to assist firms with managing their currency exposures.  C8 Hedge offers corporate treasurers and investment professionals “precise guidance” for developing customised hedging solutions and managing their foreign exchange exposures across multiple currencies. C8 CEO...

ESMA: EMIR data quality ‘evolving positively’

EMIR data quality has improved over the last five years according to the European Securities and Markets Authority (ESMA). ESMA’s follow-up report to 2019’s review into European Market Infrastructure Regulation (EMIR) data quality has outlined how national regulators in Cyprus, Germany, France, Ireland and the Netherlands have made “structural, long-lasting”...

Bloomberg launches integrated data offering for quants

Bloomberg has launched a new offering that connects and integrates a range of datasets from multiple sources, as well as providing historical data. The Company Financials, Consensus Estimates, Company Guidance, Corporate Action Adjusted and Pricing Point-in-Time solution is designed to address the needs of quantitative analysis and backtesting. Tony McManus, global...

European firms ‘ready’ to meet incoming UPI reporting obligations

European firms are broadly ready to meet their UPI (Unique Product Identifier) regulatory requirements, having seen a steady increase in EU headquartered firms joining the service. Currently, 246 firms have subscribed to the UPI Service across various fee-paying user types, including 122 programmatic users, with more than 100 organisations subscribing...

State Street: Investors sought risk in equities across March

Investors remain risk seeking in equities but hesitant in fixed income – that is according to State Street’s Risk Appetite Index, which rebounded to 0.09 from 0.18 across the month of March. The State Street Holdings Indicators showed that long-term investor allocations to equities rose by 0.6 percentage points to...
Sustainability

ESG has many moving parts, and our aim is to separate the hype from the reality and paint a clearer picture of the evolving industry and the right tools and solutions firms need to respond.

Elevated risk due to misalignment of bank financing

The majority of banks making euro area loans are substantially misaligned with the goals of the Paris Agreement according to research from the European...

Only a fifth of ManCos comply with PAI statement disclosures

Only 21.6% of European investment management firms have issued a publicly accessible Principal Adverse Impact (PAI) statement, according to the report - Principal Adverse...

Asset managers still falling short on ESG promises

Only eight global asset managers out of 97 have met Morningstar’s highest environment, social and governance (ESG) commitment level rating in its latest analysis. The Morningstar...

AXA IM appoints Thomas Coudert as head of sustainability, Core Investments

AXA Investment Managers (AXA IM) have appointed Thomas Coudert as head of sustainability, core investments, with responsibility for overseeing sustainability across the core investment...

PROFILES

The fastest man at Man

Tushara Fernando is a man on a mission – to move his team from...

Playing the game

Co-head of global execution strategy at Fidelity Investments, Ashley Banfield, tells Laurie McAughtry about...

Boxing Clever… with Jupiter Asset Management

It’s not always about packing the biggest punch… sometimes it’s picking the right battle...

RESEARCH

Canada sees surge in demand for electronic execution

A new report from Coalition Greenwich has found that electronic trading platforms captured nearly a third of overall Canadian equity trading volume in 2023, up from 26% the previous year…and with that share expected to increase to 38% by 2026. The growing demand for electronic execution is being driven...

White paper reveals ‘aggressive’ Market Data pricing

The vast majority of firms renegotiating market data supply agreements in 2023 saw price rises, with “significant” cost pressures being felt on both the buy and sell side. A white paper from Substantive Research, outlining its latest findings on wholesale market data pricing, found that several major vendors’ prices rose...

The new normal: Top 2024 market structure trends

A new report from Coalition Greenwich outlines the trends set to define markets in 2024, with insights gleaned from clients and ongoing research.  Dan Connell, Kevin McPartland, Audrey Blater, Stephen Bruel, David Easthope, Jesse Forster and Brad Tingley, who all advise on market structure and technology globally, set forth the...

Broker research pricing is “wildly inconsistent” for the buy-side – where next for rebundling?

A new survey from Substantive Research shows that some buy-side firms are paying almost three times more than their peers for identical levels of service and access from the same providers. Could the new proposed regulatory freedoms from HM Treasury return us to “the bad old days” of over-supply...
Women in Finance

Via a combination of interviews and in-depth articles, we aim to spotlight the challenges faced by successful women in financial services, and with our annual awards programme provide recognition that we hope will encourage greater diversity in the workplace.

European Women in Finance 2023 – WINNER

Rising Star Award winner, Tania Bachmann, Vice President, Asset Allocation, PIMCO How are you seeing diversity impact the industry? Firms across the industry are embracing diversity...

European Women in Finance 2023 – WINNER

Winner of our Individual Achievement Award, Eleni Sifakis, Account Manager, Head of France & Eastern Mediterranean, PIMCO How are you seeing diversity impact the industry? In...

European Women in Finance 2023 – WINNER

Winner of our Trailblazer Award, Mangala Ananthanarayanan, MD & Head of Business Management for EMEA & APAC, PIMCO How are you seeing diversity impact the...

European Women in Finance 2023 – WINNER

Winner of our Individual Achievement Award, Elodie Cany, Global Head of Regulatory Technology Strategy, Tradeweb How are you seeing diversity impact the industry? Companies that prioritise hiring...