People Moves Monday: BNY, Cboe and Tourmaline
This past week saw several significant moves across the sell-side, outsourced trading, and trading venues.
This past week saw several significant moves across the sell-side, outsourced trading, and trading venues.
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.
Industry thought leaders from BNY, Crown Agents Bank and MarketAxess delve into the continual growth of emerging markets in recent years, with EM bonds in particular projected to carry on throughout the course of 2026.
Industry experts from BNY, OpenGamma and Horizon Trading Solutions, offer predictions on how the market may react if further bouts of turbulence may hit in 2026, with events such as rate cuts and US midterm elections looming in the next year.
Individual has been with LGIM for almost three years and is set to join BNY’s outsourced unit in the coming months, The TRADE understands.
Through the move, the buy-side is set to benefit from an enhanced platform which allows them to automate and use MMFs as collateral on triparty by transforming excess cash.
UK asset manager Liontrust Asset Management confirmed that it was exploring outsourcing parts of its trading to BNY back in January.
The past two weeks saw appointments across multi-assets, sales and fixed income trading.
Individual brings extensive electronic equities trading experience, and previously worked at Elwood Technologies, IEX Exchange and JP Morgan.
According to a trading update seen by The TRADE, the asset manager is exploring “deepening” its existing strategic relationship with BNY through outsourcing trading outside of the UK.