New head brings more than 20 years’ experience working in the global financial industry to BMLL, joining from big xyt where she served as head of sales, Americas.
big xyt survey suggests systematic internaliser (SI), continuous and dark trading volumes are all falling at the hands of the off-book negotiated trades segment.
Outsourced trading, liquidity challenges, increased buy-side competition and retail participation are subjects high on our experts’ agenda in this review.
Learn more about the five firms shortlisted for our Editors’ Choice Award for Outstanding Market Data Provider this year: including big xyt, BMLL, Bloomberg, FactSet and Parameta Solutions, TP ICAP.
The past week saw appointments from Liquidnet, big xyt, FlexTrade, United Fintech, West Asset Management and TS Imagine.
Incoming head brings over three decades of experience, having previously served at Score Priority, Lime Brokerage, Royal Bank of Scotland and Citadel Securities.
Trading volumes are continuing to migrate towards the Close in light of the growing number of passive funds coming to market.
A drop off in bank’s risk pricing and appetite to show balance has led to block trading accounting for a quarter of the pan-European trading volumes in the second quarter.
The platform, in partnership with big xyt, provides daily online trading analytics for listed shares and ETFs.
Data centre moves by Euronext and SIX Swiss Exchange could increase implicit costs by allowing larger firms with faster connections to take advantage, says Cowen’s James Baugh.