Buy- and sell-side cooperation on IPOs and block trades key to modernising UK capital market says Investment Association
Automating IPOs and block trades should be the industry’s main priority going forward, says the Investment Association (IA).
Automating IPOs and block trades should be the industry’s main priority going forward, says the Investment Association (IA).
The Investment Association concludes UK, EU and Switzerland should transition to T+1 settlement on a date in Autumn 2026, advocating for an earlier move than most.
The Investment Association calls for greater timestamping precision from sub-custodians, as inaccuracies jeopardise the accurate analysis of FX trades.
New data from the Investment Association reveals that 70% of asset managers reduced exposure to Libor in 2019.
Powered by cyber security technology provider Anomali, platform will alert market participants to potential cyber hazards in real-time.
Formerly known as Velocity, the buy-side trade group’s FinTech initiative has been renamed Engine.
Market participants were sent the consultation this week to provide feedback on shorter trading hours by mid-May.
The Investment Association has written to the FCA and the Bank of England to confirm that asset managers want markets to remain open despite coronavirus volatility.
Standard Life Aberdeen’s Keith Skeoch replaces Peter Harrison, CEO of Schroders, as chair of the board at the Investment Association.
The Investment Association has proposed a more standardised format for FX trade rejections, as brokers currently have no consistent way to communicate this with the buy-side.