幸运飞行艇官方开奖记录查询 Regions Archives - The TRADE

幸运飞行艇官方开奖记录查询 The TRADE predictions series 2025: A macro outlook on the markets – part two

Claudia Preece — Thu, 02 Jan 2025 10:45:12 +0000

James Leong, chief executive officer, Grasshopper Asia 

Asian markets face a pivotal year in 2025, shaped by three key dynamics: the continuing accumulation and deployment of wealth, uncertain geopolitical conditions including potential impacts from US policy shifts which may lead to volatility, and ongoing structural reforms across Asia’s diverse capital markets. 

Asia remains a very dynamic region. While the regulatory landscape has been challenging in countries like China, South Korea and India, we are seeing tremendous wealth creation in markets such as India and Southeast Asia. From a capital markets perspective, Japan has offered the region valuable lessons in how to stimulate market activity through a package of measures and corporate governance reforms. Elsewhere in Asia, the capital markets emergence from a decade-long low interest rate environment has been slower. We will be looking closely at China, Hong Kong and Singapore as they find means to stimulate growth and investment in public markets.  

As a growing Asian quantitative asset manager, our focus will be on Australia, India and Japan. We believe that caution and volatility will likely be the significant themes of 2025, but opportunities will be available for those who can navigate Asia’s intricacies.  

Jon Hodges, head of trading and asset services APAC, FIS    

The capital markets landscape is poised for significant shifts in 2025, driven by evolving investment strategies, regulatory developments, and the push for operational efficiencies. Across APAC, the convergence of buy- and sell-side demands is reshaping how market participants approach technology and service integration.    

Private markets continue to be a standout growth area, with robust interest in Southeast Asia and Australia as the ongoing shift in capital provision from banks to non-banks continues. The increasing sophistication of private capital strategies reflects a broader trend toward democratising investments and enhancing access to diverse asset classes, including the fast-growing private credit market. Elsewhere, Japan is fostering growth in its asset management sector by encouraging individual savings and operational reforms among listed companies. 

Operational scalability remains a priority, with institutions exploring business process outsourcing to meet cost-efficiency goals while navigating regulatory complexities. Around 75% of leaders from UK and Singapore view outsourced managed services as having a high impact on cost reduction, according to FIS’s 2024 Global Innovation Research. Meanwhile, technology-driven solutions, such as advanced securities matching platforms and portfolio management systems, are helping organisations streamline workflows and improve market connectivity.   

As APAC’s capital markets evolve, the interplay between local nuances and global influences will continue to shape the competitive landscape. Success will depend on aligning technological advancements with client needs while adapting to the unique regulatory and market structures of the region. 

Lee Bartholomew, global head of FIC ETD product design, Eurex    

The outlook for European FIC volatility in 2025 depends on several factors that may cool or fuel further uncertainty. European rates volatility is set for further benign periods as rate cut cycles in the US and Europe reach their lows by mid-2025. This assertion requires a continued return of inflation to central bank targets and economies growing at on consensus paces with low and stable unemployment.   

Potentially rising government debts, however, present upside risk for rates volatility, be it due to US tax cut extensions or infrastructure investments from various European sovereign issuers paired with growing political uncertainty there with early elections in Germany and most likely in France limiting effective policies.

Against this backdrop, I consider that credit is going to be an interesting space. We expect macro factors to be supportive of credit, and therefore, expect to see an acceleration in the use of credit derivatives.  

Kerim Acanal, global head of emerging markets, Tradeweb   

Emerging markets investors will have to navigate several uncertainties next year, from the threat of new trade tariffs under the Donald Trump presidency to mounting inflationary pressures, and questions around the Federal Reserve’s interest rate cutting path. There is also increasing geopolitical risk, such as the ongoing Russia and Ukraine conflict and the reignited Syria crisis. It is clear that financial markets will be anything but quiet next year, and it will be interesting to see the impact that these events will have on emerging markets participants.

However, despite the many unknowns, I would expect one theme to remain consistent, namely the role electronic trading can play in ensuring efficient risk transfer during times of heightened market stress. Being able to offer emerging markets investors a complete electronic trading toolkit covering all asset classes will be key, and at Tradeweb our goal is to continue to develop a host of trading protocols, functionalities and products that make trading more efficient and streamlined, while helping to further electronify our core emerging markets regions. 

Duncan Higgins, chief executive officer, Sustainable Trading 

In 2025, we predict a turning point for European capital markets: a move away from siloed thinking and towards greater collaboration to address shared challenges too. Historically, market participants have operated with a divisive mindset, prioritising rivalry over cooperation. 

Yet, with subdued trading volumes, geopolitical divides following Brexit, and growing global competition, the industry can no longer afford to remain as fragmented.  While various initiatives aim to improve markets, progress has been slow, hindered by these entrenched divisions. However, firms are beginning to recognise that collective action may be the only viable path to building more effective and resilient markets. By setting aside differences, market participants can work together to foster a stronger, more capable ecosystem; a better, more vibrant market benefits everyone. 

Embracing a more collegiate approach doesn’t mean abandoning competition, firms can still differentiate. But in areas where cooperation unlocks mutual benefits, 2025 could be the year joint efforts take centre stage. 

This shift mirrors the spirit of collective action already seen in other areas, such as sustainability, where progress relies on shared commitment to change. By working together, those active in European markets can secure a stronger future, fostering growth and resilience for the benefit of all stakeholders. 

The post The TRADE predictions series 2025: A macro outlook on the markets – part two appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 The TRADE predictions series 2025: A macro outlook on the markets

Claudia Preece — Tue, 31 Dec 2024 10:00:14 +0000

Bruno Lettich, global head of rates trading, Standard Chartered and Thomas Kikis and global co-head, corporate sales and head of markets, US and Americas, Standard Chartered 

The coming change in US administration will see a front-loaded agenda of policy change in 2025. The reaction function of policy makers will be tested, with multi-lateral negotiations to be expected between the US and its trading partners – with uncertain results and even incongruent outcomes relative to current expectations. Adding to this, varying enthusiasm by central bankers and Treasury officials to lean on monetary and fiscal policy levers to stabilise growth, will see policy divergence and more importantly, policy miscalculation as the central theme over 2025.

The likely outcome will be increasing volatility in the FX, equity, local currency, and commodity markets which are impacted by these divergences. What this will likely precipitate is global central banks needing to cut more than they had initially perceived necessary, to provide some tailwinds to de-stabilising growth dynamics, and steepening rate curves to incentivise duration buyers – ironically keeping implied rate volatility suppressed in the process. 

The increasing degree of competing narratives will leave no room for complacency for global clients in their risk management activity. The silver lining is that market uncertainty can often create opportunities in other geographies, leading organisations to consider where else to focus their investments and time. The potential unleashing of investment appetite with lower rates, or resolution of geopolitical conflict and trade issues may lead to significant business opportunity.  

Vincent Chailley, chief investment officer, H2O AM Group  

The United States economy was turbocharged by a highly supportive monetary policy up until 2022, followed by a massive fiscal boost in 2023 and 2024 which has been the main driver of US exceptionalism. Consequently, the new Trump administration will inherit a financial and economic landscape with much less leverage potential than in 2017, which followed a period of fiscal restraint.  

Within this context, key growth drivers — such as government spending, post-Covid savings, immigration, real salary growth — are now beginning to fade. At the same time, elevated valuations are reducing the resilience of US assets, leaving it increasingly vulnerable to shocks. 

US exceptionalism could be facing a return to reality, driven by fiscal constraints, assets underperformance driven by too concentrated positions and the delayed effects of supply-side measures. 

The US dollar, interest rates, and equities cannot all rise concurrently. At least one should yield, depending on the policy priorities of the Trump administration. Risks of policy missteps and heightened uncertainty are amplifying market sensitivity. 

For 2025, the growing uncertainty surrounding the current largely positive consensus market scenario suggests a need to shift from a conviction-based investment style to a strategy that prioritises robust portfolio construction. 

Kaisha Schnoll, assistant vice president, STP Investment Services 
  
In 2025, emerging markets are poised to play an increasingly significant role in global trading. As the world shifts toward digital and automated trading systems, emerging markets will benefit from enhanced access to international capital, driven by technological advancements and the growing integration of global financial systems. This evolution offers new investment opportunities, particularly in sectors such as technology, energy, and infrastructure. 

However, the rise of emerging markets trading brings its own set of challenges. Regulatory environments are often less developed, which may pose risks for international investors. Additionally, volatility in local currencies, political instability, and liquidity constraints could dampen investor confidence. Emerging markets may also face challenges in adopting the fast-paced, high-tech trading strategies common in developed markets, making infrastructure upgrades and regulatory reforms crucial.  

Despite these risks, the potential for high returns continues to attract investors, particularly in regions like Asia, Latin America, and Africa. As countries improve governance, market transparency, and financial sector development, the attractiveness of emerging markets will continue to grow. By 2025, the focus will be on balancing growth with risk management, making emerging markets a key area of interest for global traders and investors alike. 

Jennifer Keser, head of market structure and regulation, Europe and Asia, Tradeweb 

We are leaving behind a year that saw no shortage of major political shifts globally, with a new Labour Government in the UK, Republican Donald Trump winning the US presidential election, the collapse in government in both France and Germany, and an institutional changeover in the European parliamentary elections. One thing for sure is that instability is everywhere, even in the democratic and developed markets that are usually considered to be most ‘solid’. The regulatory impact of these changeovers in government and how they will drive the regulatory agenda in key markets around the world will undoubtedly be front-of-mind for market participants.

EU capital markets have faced criticism in recent years for being fragmentated and underutilised and there is a growing urgency from markets to ‘upscale’ Europe’s competitiveness. Efficient and resilient fixed income markets are integral for investors, so it is crucial that there is a clear focus next year on improving market harmonisation, consolidation and resiliency. With the implementation of the review of Mifid II/R, the shortening of trade settlement cycles to T+1 in Europe and the UK, and the ongoing discussions around a bond and equity consolidated tape provider, both the public and private sector have their work cut out for them.

The post The TRADE predictions series 2025: A macro outlook on the markets appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 Broadridge tapped by First Abu Dhabi Bank to build global agency securities finance business

Wesley Bray — Wed, 11 Dec 2024 11:07:12 +0000

First Abu Dhabi Bank (FAB) has chosen Broadridge Financial Solutions to support the build out of its global agency securities finance business.

By leveraging Broadridge’s Securities Finance and Collateral Management (SFCM) solution, FAB will be able to bolster its coverage of global fixed income and equities markets.

The development comes as part of the bank’s drive to expand securities lending in the UAE and wider Middle East.

“This collaboration caters for the growing demand for securities lending and borrowing within the Middle East and is aligned both with local regulatory needs and with international best practices,” said Darren Crowther, head of securities finance and collateral management at Broadridge.

Broadridge’s provision of its SFCM platform — the first AWS SaaS deployment in the region — demonstrates a renewed focus in the Middle East and indicates readiness to support FAB’s strategic goals, the firm said in a statement.

As FAB navigates the evolving landscape of securities borrowing and lending regulations in the region’s markets.

The collaboration is also expected to yield new opportunities and efficiencies for FAB that will benefit clients across the globe – particularly as it navigates the evolving landscape of securities borrowing and lending regulations in the region’s markets.

The post Broadridge tapped by First Abu Dhabi Bank to build global agency securities finance business appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 TP ICAP bolsters regional operations with new Dubai office

Wesley Bray — Mon, 02 Dec 2024 11:31:11 +0000

Market infrastructure provider TP ICAP Group has expanded its Middle East operations with the opening of a new office in the Dubai International Financial Centre (DIFC).

The new office, which is three times larger than its existing facility, will bring the company closer to its clients, with the aim to better deliver services across the Middle East and North Africa (MENA) region.

The office is located in Central Park Towers and will act as a strategic hub for TP ICAP’s business operations across the region. In addition, the new location will bring together key brands under the Group umbrella, including ICAP, Tullett Prebon, PVM, Parameta Solutions, and COEX.

The expansion will enable clients to access TP ICAP’s market data and broking solutions, backed by a strong local presence.

The regional hub was developed to address UAE-based client needs and other key marketplaces in region, alongside being positioned to serve important Asian markets.

“At TP ICAP we put our clients first, being closer to them, understanding their needs and the landscape in which they operate, enables us to anticipate how we can best serve them in the future,” said Christophe Moser, managing director and head of Dubai.

“This expansion in the DIFC, one of the world’s premier and fastest growing financial hubs, underscores the Group’s vision of delivering industry-leading liquidity and data solutions, broadening its market reach in a pivotal and high-growth region.”

The post TP ICAP bolsters regional operations with new Dubai office appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 Can the Capital Markets Union save Europe from mediocrity?

Wesley Bray — Thu, 07 Nov 2024 10:21:04 +0000

The EU has a problem. It’s falling behind. Growth has been largely stagnant across the continent for the last two decades, with a wide number of metrics pointing to an ever-increasing investment and growth gap with the US.

The recently-published EU competitiveness report, penned by former prime minister of Italy Mario Draghi, is the latest in a long line of research projects that has shone a spotlight on the EU capital markets, reaching a similar conclusion to those gone before it: things need to change. If the EU wishes to be a competitive force on the global stage, there has to be a fundamental rethink of how the bloc operates.

At the heart of the problem is the fact that the EU is not a favourable location for a company to scale and compete effectively with their US (and now Chinese) counterparts. The Draghi report points out that only four of the world’s top 50 tech companies are European, while there isn’t a single EU company with a market capitalisation over ¤100 billion that has been established in the last 50 years.

Consequentially and simultaneously, the landscape for investors in the region is equally tricky. A key problem, for organisations and investors alike, is the muddled patchwork of rules and regulations across the continent, forged independently over centuries, which they must manoeuvre through to operate effectively.

So, the question now for the EU decision-makers is: how do you make the EU competitive again? The current plan is the Capital Markets Union (CMU): a flagship initiative designed to boost investment, enhance access to finance, enable cross-border investment, and reduce the fragmentation of Europe’s financial markets.

Sounds great, right? The problem though, is that the CMU has struggled to gain traction throughout the member states since its ideation in 2014. The lumbering, 27-pronged consortium is burdened with a deep-rooted inertia as consensus on policy and legislation can often be so hard to come by. Combine this with a rising nationalistic sentiment sweeping through the region, driving a further wedge between the EU and its harmonisation goals, and it is becomes abundantly clear that change won’t be easy.

But 10 years on, the political impetus surrounding the CMU seems to be reinvigorated. The string of damning reports appears to have awoken the beast, with government ministers and institutions across the continent coming forward with plans to kickstart Europe’s new age.

“The race is on and I want Europe to switch gear,” said Ursula von der Leyen, upon successfully securing a second mandate as European Commission President in July.

A more hospitable environment

To unlock those opportunities for growth and to boost investor power in the region, there needs to be a simplification of the disparate systems that exist within the EU.

“If you have 25 to 30 smaller places that operate independent of one another – this can be in Europe or anywhere else – the liquidity and interoperability associated between jurisdictions becomes limited,” explained Okan Pekin, head of securities services at Citi, at a recent AFME conference. “As a result, even if the investors want to bring in hundreds of billions of dollars of capital, getting in and out will become problematic because of frictional costs. So, by virtue of your market structures, you are impeding investor attractiveness.”

Take withholding tax, for example. Each country within the bloc has their own approach to the reliefs and refunds process, which are often complex, burdensome procedures that can actually serve as a deterrent for cross-border investment – particularly for individual and small investors. In some cases, the process takes years.

Another pertinent example is the provision of depositary services, where there is currently no passporting service available to asset servicers in the EU. “[This is] close to our heart as a provider of depositary services,” says Ben Pott, international head of public policy and government affairs at BNY. “You cannot provide cross-border depositary services under UCITS or AIFMD – which, when you talk about a unified Capital Markets Union, is a big miss.”

Insolvency laws, pension schemes, corporate actions, shareholder rights, securities laws – the list goes on. For Europe to become an attractive place for investors and issuers, the EU must tackle these regulatory divergences head on.

“It is not that Europe does not have the cash and investment potential,” says Sam Riley, CEO of Clearstream. “It is about market attractiveness for local and international investors.”

Harmonised post-trade as the bedrock for growth

The disparate frameworks also have a detrimental impact on the post-trade landscape, which faces its own fragmentation problems. To unlock those opportunities for growth and to boost investor power in the region, a harmonised post-trade landscape must form the bedrock on which other initiatives can sit. Without a smooth and efficient post-trade environment, the CMU risks stagnation as fragmented systems will continue to stifle market access and growth.

“We have said for a long time that when you look at some of the post-trade processes, there is still a significant amount of scope for harmonisation, for allowing much more effective cross-border provision for Europe to move closer together,” says Pott. “Historically when you look at the integration of investment services, there is a lot that has happened on the execution side, and not as much on the post-trade side.”

The Draghi report calls for a centralisation of clearing and settlement systems, with a single central counterparty platform (CCP) and a single central securities depositary (CSD) – but the acquisition and integration of 27 CSDs and 14 CCPs is an unrealistic, expensive and time-consuming task. Instead, a focus on strategic partnerships and interoperability would likely yield faster results.

As Riley, points out, over 90% of settlement activity within the EU is processed at three institutions. “That’s the reality,” he says. “We and the two other main CSDs in Europe have already progressed in providing consistency and harmonisation across platforms and processes. That naturally leads to consolidation.

“The challenge is determining what the top priorities for capital markets harmonisation are. What can we realistically achieve? Competition is good; it is healthy. It drives service quality, innovation and efficiency. Eliminating competition would not be a good idea, as it would limit investor choice.”

While progress has undoubtedly been slow-moving, there is a clear desire to bolster harmonisation across the post-trade landscape. Connectivity upgrades to the T2S are due to be rolled out next year, while the CSDR refit will enable the possibility of closer collaboration between CSDs.

Another notable success has been the integration of Euroclear Bank as the domestic CSD in Ireland. Following Brexit, the Irish market agreed that the asset protection framework on domestic securities would be governed by Belgian law, with Euroclear Bank now serving as the CSD for Irish securities. As pointed out in Euroclear’s Unlocking scale and competitiveness in Europe’s market report, the example shows that full CSD consolidation is possible and could serve as the basis for similar efforts in other countries, but it “requires the support of market participants and national authorities”.

The problem is that initiatives often encounter the same national barriers impacting regulatory alignment, as Pablo Portgual, senior director, public affairs at Euroclear, described at the AFME conference: “Some countries, for national security reasons, have a big problem with outsourcing, and that effectively prevents the creation of synergies between infrastructures.”

Next steps

With the political motivations seemingly in the right place, and the key areas identified to boost harmonisation, the next step is to put the plan into action – which may be easier said than done.

The rising tide of nationalism in Europe is placing increased pressures on domestic governments to take more inward-looking approaches when it comes to policy. The age of globalisation is grinding to a halt, with the European collective set to suffer as a result.

“People want to have their cake and eat it,” explained Pekin. “They want interoperability, they want union, they want integration – but also, nobody wants to give up anything from their national sovereignty agendas. So how do you square that circle? If you want a Capital Markets Union, you want no barriers, you want the single CSD – you may never get there in our lifetime. So, the next question becomes: what can you do in the meantime? You can start with interoperability; you can start with data – it’s a critical point.”

Therein lies the challenge for the EU. Policy makers and country leaders need to try and get those wheels turning again, and instil within these local governments a belief that a more consolidated Europe would bear fruit to all participants.

“Convincing is the word, and that is our daily business,” said Marcel Haag, director of horizontal policies at the European Commission, at the AFME event. “We are engaging with member states and we hear them out and we exchange arguments. A lot of member states will say, ‘our priority is to grow our national market’ or ‘we are on the periphery, we have an underdeveloped capital market’. We have to engage, assess the pros and the cons, and let’s see how we can accommodate their concerns.”

While some are eager to ensure an aligned approach across the 27 countries, others are not so patient. Talk of a breakaway coalition within the EU has picked up pace in recent months, with Spain’s minister for the economy, Carlos Cuerpo, outlining proposals to the Financial Times in October for a new mechanism that would allow three or more countries to proceed on joint initiatives without the inclusion of other member states.

On such a project, Haag said: “EU law allows for this under certain conditions. Of course, the Commission’s role is not to divide and create different leagues, but to unite and create a united Europe. Solutions that would allow a smaller group of member states to go forward faster, that for us is always the second best option.”

A ‘28th regime’

A separate proposal – set out in the Draghi report – recommends the establishment of a “28th regime”, whereby a special legal framework is created outside of the 27 different legal frameworks with a view to shortening the length of national procedures and integrating them into a single process.

“It’s a really interesting piece, which is gaining traction,” says Pott. “Rather than saying to member states, you have to all conform to a single system and we’re going to do away with the existing 27, you say to businesses that want to adopt the 28th regime that they can move in that direction.

“It might work better in some areas than others,” he continues. “For taxation, it won’t work so well because business is still bound by its local taxation rules. But when you think about insolvency rules, for example, which was one of those intractable areas where it’s very difficult to move beyond the national insolvency provisions that exist, having a 28th regime that firms could opt into, would be a helpful alternative and maybe overcome some of those national sensitivities of giving up or doing away with national systems.”

How ever the bloc plans to move forward, it’s important to get the ball rolling as soon as possible. The gap between Europe and the US is only widening – a 2023 report from the European Centre for International Political Economy found that the gap between US GDP per capita and EU GDP per capita rose from 47% in 2010 to 82% in 2021.

Harmonised tax and investment frameworks, and a unified post-trade environment are not just a technical necessity; they are the foundation upon which a successful Capital Markets Union can be built, enabling Europe’s capital markets to thrive on the global stage.

“I hope the political momentum and spotlight that we have in Europe at the moment can help us provide the right context to drive change,” said Portugal. “A lot depends on the market and on FMIs collaborating with their clients and with the ecosystem to deliver that call for more integration, more efficiency and cost reduction.”

Yes, the project is vast and the road will be long, but the EU and the financial services industry has the opportunity to spearhead something great in Europe. It’s time to make it happen.

The post Can the Capital Markets Union save Europe from mediocrity? appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 Leaders in Trading New York 2024: Buy-side shortlists revealed

Claudia Preece — Wed, 23 Oct 2024 11:48:41 +0000

The TRADE is delighted to announce the buy-side shortlists for its inaugural Leaders in Trading New York Awards for North America.

This year, The TRADE is proud to be celebrating its twentieth anniversary and to mark the momentous occasion we are excited to be launching the first North American iteration of our famous Leaders in Trading awards.

The shortlists for the Leaders in Trading New York Buy-Side Awards have been produced following a slew of nominations from key industry players across North America, recognising whom amongst their peers stand out as the most deserving of these recognitions.

Congratulations to all those nominated across the five categories! The winners will be announced at the Leaders in Trading New York glittering awards night to be held at Chelsea Piers in New York City on 19 November.

“The Buy-Side Awards are the highlight of Leaders in Trading,” said The TRADE’s editor Annabel Smith. “We couldn’t be more excited to be bringing the magic of Leaders in Trading over to the US for the first time in The TRADE’s 20-year history.”

The categories for the Buy-Side Awards include the coveted Trader of the Year – Long Only, Trader of the Year – Hedge Fund, the Trading Desk of the Year Awards, and Buy-Side Market Structure Expert of the Year.

Also set to be recognised on the night are this year’s Rising Stars of Trading and Execution, North America – to be announced in due course.

Many congratulations to all the shortlisted individuals and teams, it will be a night to remember!

Trader of the Year – Long Only

Megan Davidson, BlackRock

Chris Fiorito, River Road Asset Management

Stephanie Fraser, Baillie Gifford

Jay Peters, Artisan Partners

Jason Siegendorf, Harris | Oakmark

Trader of the Year – Hedge Fund

David Alfred, Conversant Capital

Adam Nemser, Southpoint Capital

Keith Roscoe, Jericho Capital Asset Management

Craig Tscherne, Verition Fund Management

Renato Zimberknopf, Fourth Sail Capital

Trading Desk of the Year

Balyasny Asset Management

BlackRock

Millennium

Thompson, Siegel & Walmsley LLC

Wellington Management 

Fixed Income Trading Desk of the Year

Invesco

Janus Henderson

Legal & General Investment Management (LGIM)

PIMCO

T. Rowe Price

Buy-Side Market Structure Expert of the Year

Simon Cohen, Morgan Stanley Investment Management

Dan Eisemann, MFS Investment Management

Melissa Hinmon, Glenmede Investment Management

Mett Kinack, T. Rowe Price

Ed McBride, Centiva Management

Key contacts at The TRADE

Please contact Patrick Wright at patrick.wright@thetradenews.com for sponsorship opportunities or to book a table for Leaders in Trading New York.

If you are a member of the buy-side community and would like information on attending please contact Karen Delahoy at karen.delahoy@thetradenews.com or Annabel Smith at annabel.smith@thetradenews.com.

The post Leaders in Trading New York 2024: Buy-side shortlists revealed appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 Marex Prime Services establishes UAE presence

Claudia Preece — Mon, 07 Oct 2024 11:34:07 +0000

Marex Prime Services has established a “dedicated presence” in Dubai as the firm looks to bolster its operations in the Middle East.

Mazen Najjar

The builds on the firm’s existing presence in the region as Marex looks to enhance its offering to institutional clients across MENA.

Shahab Hashemi, chief executive (MENA) at Marex, said: “This strategic move strengthens our current operations and better positions us meet the evolving needs of our clients in the region. Incorporating prime services to our offering allows us to deliver more tailored and localised solutions to hedge funds, family offices and other institutional clients.”

As part of this push, Mazen Najjar has been appointed in an institutional sales role in the prime services team, the first hire for the team in the jurisdiction. Prior to joining Marex, Dubai-based Najjar spent six years at IG Prime.

Mazen is set to focus on developing the prime services team’s regional sales strategy, bolstering its presence in the region and forging partnerships.

“We welcome Mazen Najjar to our Dubai office. His extensive experience in prime brokerage and client-led approach will be invaluable in delivering localised support to our growing hedge fund and family office client base,” said Jack Seibald, global co-head of prime services and outsourced trading at Marex.

“This development builds on Marex’s momentum in the region and reinforces our commitment to providing enhanced support and tailored solutions to institutional clients.”

The post Marex Prime Services establishes UAE presence appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 China Minsheng Bank enhances market-making capabilities through adoption of Bloomberg sell-side solutions

Wesley Bray — Thu, 22 Aug 2024 10:41:07 +0000

China Minsheng Bank has adopted Bloomberg’s sell-side execution management solution, ETOMS, alongside expanding its use of Trade Order Management Solutions (TOMS).

The development will be used to support the commercial bank’s RMB cash bond market-making under Bond Connect and its USD interest rate swap (IRS) market-making in Hong Kong.

Bloomberg’s sell-side solutions – which include TOMS and ETOMS – will allow the bank to optimise its trading services for international investors; automate the workflows of bond pricing, sales and trade execution; and electronify USD IRS market-making.

“As China’s financial markets continue to open up, China Minsheng Bank is committed to strengthening ties and communications with foreign investors and enhancing our market-making capabilities,” said Qingyu Wang, head of financial markets department at China Minsheng Bank.

“Our collaboration with Bloomberg provides automated workflows for better operational efficiency, a transparent price display channel to facilitate informed decision-making and a means to reach out to global investors.”

TOMS was previously adopted by China Minsheng Bank to book multiple asset class exposures, enabling real-time profit and loss and risk analysis, as well as integration with back-office settlement systems.

The addition of ETOMS will enable the commercial bank to send customised quotes to clients, provide pre-trade quotes and axes into aggregation tools, and display real-time quotes on a designated page of the bank on the Bloomberg Terminal, bolstering communication and trading efficiency among investors overseas.

“We are pleased to strengthen our partnership with China Minsheng Bank and support its international business development with our industry-leading sell-side solutions,” said Dahai Wang, head of Greater China at Bloomberg.

“Electronic trading and automated workflows are important trends in global finance, enhancing competitiveness through more accurate pricing, smoother trade execution, and efficient risk management.”

The post China Minsheng Bank enhances market-making capabilities through adoption of Bloomberg sell-side solutions appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 Millennium Advisors launches Singapore office

Claudia Preece — Fri, 16 Aug 2024 11:02:24 +0000

Fixed income proprietary trading firm Millenium Advisors has opened a new office in Singapore as it continues its expansion across Asia.

Announced on social media, the move was described as marking “a significant milestone in Millennium Advisors’ growth, reinforcing [its] commitment to the APAC region”.

The strategic development is set to pave the way for enhanced global operations for the firm, as well as signalling Millennium Advisors’ commitment to its counterparties.

Earlier this year, Millennium Advisors partnered with fixed income software solutions provider Investortools to streamline workflows for municipal bond investment managers through digitisation.

Through the partnership, Millennium is set to be fully featured as an electronic trading package for straight-through-processing, enabling users to lift, bid, counter and receive allocation details electronically directly within Investortools’ software.

The post Millennium Advisors launches Singapore office appeared first on The TRADE.

幸运飞行艇官方开奖记录查询 UOB becomes first Singaporean bank to join LSEG NDF matching platform

Claudia Preece — Fri, 16 Aug 2024 09:22:48 +0000

Singaporean bank UOB has become the first in the country to join LSEG FX’s NDF Matching and clear its first trade using LCH ForexClear.

Rohit Verma

The platform, aimed at the global FX market, combines the benefits of an NDF CLOB with clearing.

Rohit Verma, head of post-trade Asia Pacific at LSEG, said: “As a leader in the Asian NDF market and Singapore’s first LCH ForexClear member, we look forward to supporting their clearing activity on the platform.”

LSEG’s fully cleared non-deliverable forwards (NDF) matching platform went live in November 2023 following the initial announcement in May.

The Singapore-based platform has the backing of the Monetary Authority of Singapore (MAS) and represented the first stage of LSEG re-platforming its FX venues to its core technology.

Kelvin Ng, group head of global markets, at UOB, said: “Through this service, we are able to benefit from enhanced execution and access to cleared liquidity in addition to the operational efficiencies that LSEG’s end to-end-solution provides.”

The post UOB becomes first Singaporean bank to join LSEG NDF matching platform appeared first on The TRADE.