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Oct 9, 2024 · Achieving TCA maturity on the trading desk. Noortje Draper, trading analytics lead at PGGM Investments, sits down with The TRADE to explore multi-asset TCA use cases, the pros and cons of building in-house, and the shift from monitoring to actively optimising trading strategies using pre-trade data. Derivatives October 9, 2024 3:05 PM GMT.
The 20 biggest mergers and acquisitions of the last two decades
Mar 13, 2024 · 1. Bank of America ‘rescues’ Merrill Lynch (2009) “Mega-merger” is a term usually reserved for only the most impactful of market movements. However, no-one can deny that the first deal on the list – investment bank Bank of America’s acquisition of Merrill Lynch – fits the bill. The deal was announced on 15 September 2008 and ...
Virtu and MarketAxess ETF analytics tool receives backing from …
Nov 24, 2020 · The eNAV ETF analytics features the artificial intelligence powered algorithmic pricing engine for corporate and emerging bonds, Composite+, from MarketAxess after both firms entered into a partnership last year. Virtu and MarketAxess teamed up to provide their mutual client base with trading tools and access to global ETFs and fixed income ...
Thomson Reuters closes deal with Blackstone, rebrands as Refinitiv
Oct 2, 2018 · Thomson Reuters has closed the sale of a 55% interest in the company’s Financial & Risk company to private equity firm Blackstone, and has now rebranded the unit as Refinitiv. As part of the deal, Thomson Reuters said that it received approximately $17 billion in gross cash proceeds, $10 billion of which will be returned to shareholders ...
The collapse of Archegos Capital Management
Jul 16, 2021 · The institution did not escape entirely unscathed, however, after it confirmed the collapse of Archegos led to a $911 million loss, including $644 million from the amount the family office owed Morgan Stanley but failed to pay, and $267 million in trading losses. Similar to Morgan Stanley, UBS incurred a relatively small loss in comparison to ...
People Moves Monday: Goldman Sachs Asset Management
Feb 26, 2024 · Ryan O’Connor left Goldman Sachs Asset Management and is set to join ETF provider Global X ETFs as chief executive on 8 April. He most recently served as global head of ETF product, having initially joined Goldman Sachs Asset Management back in 2017 to build out the US fund strategist model portfolio business.
ION suffers cyber attack on derivatives platform - The TRADE
Feb 1, 2023 · By Laurie McAughtry. ION Markets was hit with a cyber attack last night that impacted some of its derivatives services and resulted in concerns around trade processing for its clients. The news first came to light with a Twitter post from user PriapusIQ at 10.24pm last night claiming “trade processing carnage” following a cyber attack.
Eyes on a new prize: How outsourced trading has taken off and …
Dec 21, 2023 · Outsourced trading is a trend on the rise. Whether it is a move towards full outsourcing or a supplement to the trading desk, with each passing year we see more factors pushing firms towards the service. Here, we look at the changing perception of this divisive topic among the buy-side, whether the larger players have an eye on the service, and what the future holds as providers evolve their ...
Northern Trust tapped by True Potential for outsourced trading ...
Aug 7, 2024 · Northern Trust has been selected by UK-based wealth management firm True Potential to provide outsourced trading services. Offered through its Integrated Trading Solutions (ITS) platform, Northern Trust will provide services across equities, fixed income and exchange traded derivatives, with coverage from multiple trading locations. The ...
Oaktree to pick up Close Brothers Asset Management in £200 …
Sep 19, 2024 · By Claudia Preece. Oaktree Capital Management has agreed to acquire Close Brothers Asset Management (CBAM) – the wealth management arm of Close Brothers – for an equity value of up to £200 million, set to be completed in early 2025 pending customary regulatory approvals. Federico Alvarez-Demalde. Specifically, the deal value includes £172 ...