The enhancement to Closing Price Crossing (CPX) is set to go live on 8 December, The TRADE understands.
Industry stalwart joined the firm from AXA Investment Managers in 2018.
Individual has more than 20 years’ experience; has previously served at Berenberg, Bank of America Merrill Lynch, Sanford Bernstein and Credit Suisse.
The TRADE sits down with Richard Worrell, co-head, equities trading at the London Stock Exchange, and Jason Warr, global head of ETF markets at BlackRock, to explore how buy-side and exchange collaboration is helping to address market fragmentation, improve liquidity access, and foster transparent, resilient innovation across Europe’s equities and ETF landscape.
The outage, sparked by a data cooling issue at one of the group’s data centers, began at 8.40pm CT on Thursday; BrokerTec EU, BrokerTec US Actives and EBS markets have reopened.
The TRADE sits down with Prashanth Manoharan, head of execution consulting and market structure at Liquidnet, to examine how declining touch sizes and widening spreads are impacting Europe’s liquidity landscape, how rising trading costs are shaping institutional execution, and the market structure trends set to define 2026.
Invesco head of trading Squires departs
Industry stalwart joined the firm from AXA Investment Managers in 2018.
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Record Currency Management’s Nathan Vurgest explores the build or buy question
Nathan Vurgest, director of trading at Record Currency Management, sat down with The TRADE to discuss the ongoing buy vs build debate, exploring whether there’s a middle ground between the two strategies and if a buy before build approach may be feasible.
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Regulatory fragmentation, legacy infrastructure and limited RMB liquidity continue to constrain Hong Kong’s ambitions to become a fully integrated digital market and RMB hub, panellists at The Network Forum: Asia warn.
Individual joins after nearly six years at the exchange and will oversee market structure and new products, The TRADE understands.
New hire is set to focus on trading pan-European stocks covering UK long-only and hedge fund clients in his new role, The TRADE understands.
The new additions span the firm’s corporate, institutional and trading teams for FX, and are expected to strengthen Citi’s footprint in the regions.
Individual will be based out of Paris in her new role, and has also previously worked at Indosuez Wealth Management, Societe Generale, Covéa Finance, Deutsche Bank and Banque d’Orsay.
Integration of Oslo-based platform expected to modernise derivatives clearing and expand post-trade capabilities.
The move comes as MIAX “continues to focus on strategic growth opportunities within its core exchanges,” and looks to facilitate its entry to the prediction markets to benefit both institutional and retail futures traders.
Less than a third of respondents in The ValueExchange’s new survey said they were uncertain whether their service providers will be prepared to support the shift.
The move marks the latest update in the legal proceedings, after the EU bond consolidated tape provider (CTP), Ediphy, appealed the decision to award the mandate to Etrading Software in September.
The investment management giant has also invested in the fintech to support the firm’s next phase of growth.
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