LCH Group to assume full ownership of LCH SA from Euronext
Euronext is to sell its 11.1% stake in LCH SA, the French subsidiary of LCH Group, for €111 million, to majority stake holder LCH...
Block trading investigations follow a long trend
Several investigations reported in the press are following regulatory scrutiny of block trading arrangements. The investigations reported by Bloomberg, Reuters and the Financial Times...
Spain aligns with European settlement standards
Spanish stock market operator BME has amended its settlement model in preparation for T+1.
From 17 March, the Spanish central securities depository Iberclear is no...
BloombergGPT launches
Bloomberg has released a research paper detailing the development of BloombergGPT, a new large-scale generative artificial intelligence (AI) model.
This large language model (LLM)...
ICMA says execution and order management systems are not trading venues
The International Capital Markets Association (ICMA) has responded to the European Securities and Market Authority (ESMA) consultation into the ‘trading venue perimeter’ by arguing...
Industry viewpoint: How electronic RFQ has unlocked institutional ETF adoption
Adam Gould, Head of Equities, Tradeweb.
Institutional investors continue to embrace ETFs as a low cost, highly liquid, flexible answer to a wide range of...
Aladdin users gain Cassini support for derivatives trading
BlackRock has partnered with Cassini Systems, the pre- and post-trade margin and collateral analytics provider, to integrate Cassini analytics into BlackRock’s Aladdin order and...
Bloomberg Terminal outage: “Fortunately it was a quiet day”
Bloomberg Terminals went dark this morning, with traders reporting outages worldwide.
The terminal costs between US$24k and US$27k per year.
Eric Boess, global head of trading...
CME plans UST spread trading tool
CME Group is launching a tool connecting US Treasury futures and cash liquidity.
Expected to go live in Q4, Treasury Link facilitates centralised spread trading...
Fed names new sellers to SMCCF including Jane Street, Tradeweb
The Federal Reserve Bank of New York has released the the first wave of additional counterparties that it has selected to support the Secondary...
Exclusive: Competition fails to cut prices for FX dealers
When Bloomberg announced, in Q4 2024, that it was to start charging dealers for using FXGO, its foreign exchange trading service, a number of...
FILS USA 2022: Finding trader 2.0
Getting the next generation of traders to have the right skills and capabilities, without losing the existing market knowledge, requires traders to be multi-faceted,...
