People Moves Monday: UBS, MEAG, Northern Trust Asset Management and more…
The past week saw appointments across capital markets financing sales, asset management strategy, and institutional sales.
The past week saw appointments across capital markets financing sales, asset management strategy, and institutional sales.
Following a string of new NDFs platforms launched into the market – particularly in Asia – and volumes continuing to grow, Annabel Smith explores demand for NDF algorithmic trading capabilities on the buy-side, unpacking the need for greater liquidity and transparency to take automation mainstream.
Speakers highlighted the importance of accessing liquidity amidst development as they compared spots and derivatives; agreed automating a bad process must be avoided.
Elke Wenzler, head of trading at MEAG, sits down with Annabel Smith to discuss the impact of Russian sanctions on the desk, the liquidity landscape for FX and what’s next for automation and technology.
BondIT analytics will be be used by MEAG to support credit exposure decisions during volatile market conditions.
Project saw cash and securities tokens swapped for settlement using DLT, and tokenised cash used as collateral for margin requirements.
Deutsche Bank is the first German bank to offer client clearing in US and European credit default swaps via LCH CDSClear.