Tag: Trading Technologies

While 76% of asset managers use TCA for regulatory and compliance purposes, more advanced and sophisticated use cases are continuing to gain traction, according to an Acuiti report.

Initially expected to close in Q1 2024, the deal is the second and final part of Trading Technologies’ acquisition of Abel Noser’s offerings.

Trading Technologies is the first independent platform Hidden Road has made available to clients for cleared derivatives.

New offerings will provide a TCA tool made specifically for futures trading as well as an expanded set of asset classes - beyond listed derivatives - for trade surveillance.

Deal builds on an existing strategic partnership between the pair announced in late 2022 to deliver a sell-side focused post-trade allocation service.

The new units are part of the firm’s wider reorganisation into six distinct lines of business, aimed at supporting clients’ multi-asset needs.

The past week saw appointments across execution sales, chief strategy, fixed income, futures and options and inflation trading.

Incoming appointments previously held positions at Broadridge, ION, Fidessa, Flow Traders, SumRidge Partners, Morgan Stanley, Fidelity Information Service and SunGard.

Learn more about the four firms shortlisted for The TRADE’s 2023 Editors’ Choice Award for Outstanding Trading Technology Provider, including: BlackRock’s Aladdin, Bloomberg, Broadridge Trading and Connectivity Solutions, and Trading Technologies.

Key local challenges cited in the Trading Technologies and Acuiti report include finding the right local partners, understanding local rules and regulations and gaining access to regional markets via preferred clearing firms.