Interested parties have until 25 July to submit requests to participate in the selection procedure.

The TRADE catches up with Dmitri Galinov, founder and chief executive of 24 Exchange, to unpack the realities behind his vision for the around-the- clock equities trading platform – set for launch September 2025 – discussing market reaction, the current state of play, and the key considerations when it comes to implementation.

Replacement, Jamie Selway, is set to take over as head of the division in July.

Through the move, the buy-side is set to benefit from an enhanced platform which allows them to automate and use MMFs as collateral on triparty by transforming excess cash.

The news follows the launch back in March 2025, wherein Natixis Corporate & Investment Banking acted as a principal lender against JP Morgan as a borrower.

Through the move, Integral clients now have no-cost access to CME’s EBS and FX Spot+ markets.

Coupe left Barclays last year after nine years at the bank and also previously served at NICE Actimize, Redkite Financial Markets, FTEN, Turquoise and Ullink.

The platform facilitates the exchange of active futures block orders.

The offering is aimed at trading desks and compliance teams and is expected to address challenges of manual data wrangling while reducing time and cost burdens.