Smaller firms with annual revenue below £50 million will not be charged for tape data, to “support the government’s objective to create a strong and diverse UK-based fintech ecosystem,” Etrading Software chief executive tells The TRADE.
The new hire joins the UK investment bank after a two-year stint at Rothschild & Co Redburn.
Northern Trust picked up the award for Best Post-Trade and Operations in Outsourced Trading at Leaders in Trading New York, a fiercely competitive category, but one the provider prevailed in due to its commitment to operational excellence. Stephanie Farrell, head of Integrated Trading Solutions, Americas, Northern Trust, details the work which went in behind the scenes which led to the prestigious win.
The bank has made a senior appointment to lead its FM rates and nonlinear trading platform as it looks to build on its global capabilities across markets, technology and quantitative functions.
This past week saw several significant moves across the sell-side, outsourced trading, and trading venues.
Europe increasingly becoming a patchwork of auctions and off-exchange trading, finds report
The impact of the shift to the single volume cap (SVC) in October 2025 has reduced dark trading, with the number of instruments suspended at the EU level under the SVC declining by 39% from October to December 2025, according to recent AFME findings.
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Franklin Templeton’s Hariharan Srinivasan on tapping the full potential of LLMs in trading processes
The TRADE caught up with Hariharan Srinivasan, director, data engineering, analytics and insights, Franklin Templeton, to unpack the key factors which are front of mind for the buy-side when it comes to LLMs, as well as how the technology is continuing to make a real difference to processes and creating significant efficiencies.
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Appointment follows a return to the firm after a spell at BestX, where the executive led strategy and growth across the business.
The impact of the shift to the single volume cap (SVC) in October 2025 has reduced dark trading, with the number of instruments suspended at the EU level under the SVC declining by 39% from October to December 2025, according to recent AFME findings.
While market volatility can present opportunities to the equities industry, panellists at the Equities Leaders Summit in Miami indicated that market participants should err on the side of caution when it comes to liquidity access methods such as private rooms during these times.
As part of the launch, Barclays has completed the first fully electronic multi-asset package trade for the instruments on Tradeweb’s swap execution facility (TW SEF).
Offering combines both high and low touch trading across futures and options, rates and equities.
The new hire – previously named one of The TRADE’s Rising Stars of Trading and Execution – will focus on enhancing the firm’s regional presence, The TRADE understands.
While the US consolidated tape emerged alongside centralised exchanges, the challenge for Europe’s long-awaited iteration lies in its being built after fragmentation became entrenched in its markets, said panellists speaking at the Equities Leaders Summit in Miami on Tuesday.
Less than a third of quantitative trading firms believe their front-office infrastructure can handle the volumes expected by the end of the decade, according to Acuiti’s latest report.
With exchanges and industry players commencing plans to shift to extended trading models, experts at the Equities Leaders Summit on Tuesday suggested that buy-side opinions on the prospect are not changing in tandem.
Individual was formerly global head of liquidity, financing and collateral; appointment is part of wider executive shake-up to support growth across markets and wealth solutions.
Chief executive of Etrading Software has asserted that the delivery of the infrastructure will not be disrupted by the ongoing legal proceedings.
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