Untangling credit and liquidity in FX
Prime brokerage and peer-to-peer liquidity were just some of the solutions explored by TradeTech FX panellists looking to access diversified liquidity sources in light of the reduction in warehousing by banks.
Sell-Side
StoneX to acquire fixed income broker Octo Finances
Move will expand StoneX’s capabilities in fixed income and grow its presence in Europe.
The TRADE announces Leaders in Trading New York awards shortlists
Algorithmic Trading, Execution Management Systems, Editors’ Choice, and Outsourced Trading Awards announced today with Buy-Side Awards set to follow in the coming weeks.
Societe Generale and Tradefeedr partner on FX TCA
The bank will deliver Tradefeedr trading analysis to clients via an API, while Societe Generale’s FX algos will be featured in Tradefeedr’s Pre-trade Algo Forecasting service.
SSGA’s Rikki Corbyn joins Barclays
Corbyn’s move comes after almost 12 years with SSGA.
Cboe’s BIDS VWAP-X receives sell-side support ahead of October launch
New offering will allow participants to source and match liquidity at a forward benchmark price.
China Minsheng Bank enhances market-making capabilities through adoption of Bloomberg sell-side solutions
The move will support the bank’s RMB cash bond market-making under Bond Connect and its USD interest rate swap (IRS) market-making in Hong Kong.
Morgan Stanley names new EMEA electronic FX sales head
Individual has most recently spent the last eight years with Citi and also previously served at Royal Bank of Scotland, Deutsche Bank, Bloomberg and State Street.
Bernstein opens new Dubai office as part of MENA expansion
William Ashworth, Bernstein's co-head of Asia cash trading, and Yasmine Rassem, Bernstein's director of equity sales, have been selected to build out the franchise.
Outsourced trading: Easy to do, difficult to get right
As outsourced trading gains traction, Claudia Preece delves into what factors make for success in the space, pinpointing some of the main elements influencing the future landscape. As ever-larger players continue to make real moves, costs rise, and expectations placed on providers increase, only those with truly effective offerings will reap success as consolidation continues.