FlexTRADER EMS selected by Alecta to optimise cross-asset trading and execution
FlexTrade’s flagship EMS will be utilised by Alecta to handle equities and derivatives execution.
Technology
Broadridge’s LTX and TransFICC enter strategic partnership
The development aims to offer sell-side clients simplified integration and connectivity to LTX, reduced operational risk and implementation costs, and improved time-to-market.
Broadridge expands structured product offering
Enhancements are designed to allow trading desks to simultaneously quote a greater number of structured products across markets and distribution channels.
Usage of multi-dealer platforms expected to increase as FX traders seek best execution
New Coalition Greenwich survey found that over the next year, 34% of respondents intend to increase their use of multi-dealer platforms (MDPs), while only 5% thought there would be a reduction.
DTCC’s FICC bolsters VaR calculator capabilities ahead of US Treasury clearing requirements
New developments will help improve users’ understanding of risk management and margin requirements.
AI? Patience young grasshopper
As the adoption of AI surges across capital markets, sentiment is on the up despite some trepidation, but what should be considered before everyone dives headfirst into integration? Claudia Preece weighs risk versus reward and takes stock of where the newest AI capabilities could throw up some curveballs when it comes to trading.
oneZero receives capital boost from new investor as it seeks to expand its role within the global OTC asset trading market
The investment from Golden Gate Capital is set to “drive further organic growth and M&A”, said oneZero.
Harnessing artificial intelligence on future trading desks
The TRADE sits down with Baris Halitoglu, trader at Nordea Asset Management, to explore how developments in automation and artificial intelligence are shaping the future of both the trader and the trading desk.
TradingBlock unveils customised order-routing algos for traders
“Empowering traders with their own customised order-routing algorithms is especially critical in today’s market environment,” said Gino Stella, institutional trading manager at TradingBlock.
Citi to migrate to Google Cloud
Citi’s multi-year agreement also includes use of Google Cloud’s Vertex AI platform which will deliver Gen-AI capabilities across the firm.