AXA IM confirms it is offering outsourced trading
AXA Investment Managers has confirmed it has begun to offer outsourced trading to smaller firms.
“Due to the squeezing of margins and the need for...
SEC requests comment on evolution of buy-side internal crossing rules
The US Securities and Exchange Commission’s Division of Investment Management Staff has published a statement to elicit feedback on ways to enhance its regulatory...
Getting the measure of sell-side portfolio trading
In its recent report on investment banking activity in 2020, analyst firm Coalition observed that there had been substantial growth in sell-side portfolio trading,...
How traders weathered the Treasury sell-off
The US Treasury’s auction of seven-year notes last Thursday saw the lowest investor appetite ever, according to some sources, leaving primary dealers holding the...
State Street introduces buy-side to buy-side repo programme
State Street has launched a new peer-to-peer repo programme for the buy side. Building out from its sponsored repo and securities lending model, including...
SGX, Trumid and Hillhouse Capital to launch new Asian bond trading platform
Trumid, Singapore Exchange (SGX) and Hillhouse Capital have formed a joint venture, XinTru, to better support liquidity and execution in the Asian bond market...
CME Group completes migration of BrokerTec trading platform to CME Globex
Market operator CME Group has migrated the US Treasuries trading and US repo functions of BrokerTec business to its CME Globex platform. This follows...
Tradeweb to acquire Nasdaq’s eSpeed central limit order book
Electronic bond market operator, Tradeweb, has agreed to buy Nasdaq’s US fixed income electronic trading platform. The Nasdaq interdealer platform, formerly known as eSpeed,...
Exoé signs Sherpa Edge Trading as linked agent in Northern Europe
Sherpa Edge Trading is entering into a linked agent agreement with outsourced trading provider Exoé. This partnership will bring Exoé’s buy-side outsourced multi-asset trading...
Sherpa Edge appoints Frank Lynge Jensen as chief trader
Outsourced trading specialist Sherpa Edge has appointed Frank Lynge Jensen as chief trader. Lynge Jensen has 21 years’ experience as a trader, working as...
