This two-minute video gives you the low-down on Aquis Exchange, which is expected to make an initial public offering on the week of the 11th June 2018. The firm offers a unique subscription-based trading model for European equities and currently sits in the top ten of European exchange operators by market share. See the Aquis team describing their business here.
Analysis of trade execution directly impacts your equity portfolio, making the use effective of transaction cost analysis (TCA) vital to investment managers. We get an expert insight into how best to use analytics from Teresa Woodard, head of trading analytics, Global Trading, at T. Rowe Price; Tom Kennedy, head of Analytics services at Thomson Reuters; and Ian Mawdsley head of ETI Trading EMEA at Thomson Reuters.
This month features a crucial report for investors, analysing the difference between ‘transaction cost analysis’ and ‘best execution’. Faced with trade reports for any MiFID II compliant transactions, asset owners must challenge these in an informed way, despite the complexity of the issue.
We unravel this tightly wound thread with Carl James, global head of fixed income trading at Pictet Asset Management, and Gherardo Lenti Capoduri, head of Market Hub at Banca IMI, who expands on the goals of best execution legislation. Market data is provided by MTS.
Investors may not see the promised benefits of MiFID II as buy-side bond traders say that transparency has not been improved since last year. At the same time, Brexit negotiations threaten to overturn transatlantic agreements around derivatives trading, increasing the costs for some asset managers. Amir Khwaja, CEO at Clarus FT has looked at the data behind these issues and gives us his insight into the causes and potential risks for the end investor. Market data is provided by MTS.
If a fund manager is investing in cryptocurrency, the trading desk will have to manage market risk, counterparty risk and asset security in a new and often unregulated trading environment. We speak with Nic Niedermowwe, CEO and co-founder of Prime Factor Capital, about the key elements that a trader will have to consider, and the questions that an end investor might ask the trading desk.
In February’s bond show, Stephen Yeats, head of APAC and EMEA Fixed Income Beta Solutions at State Street Global Advisors and Bill Sherman, executive vice president of the global markets group at primary market specialist Ipreo reveal how trading desks can reduce trading costs for fixed income funds by accessing the primary markets.
Government bond data is supplied by MTS.
In January’s corporate bond show, Gianluca Minieri, deputy global head of trading at Amundi Asset Management; Lee Sanders, head of fixed income and FX dealing at AXA Investment Managers and Lee Bartholomew, head of Fixed Income & FX Product R&D at Eurex address the challenges that uneven transparency regimes and illiquidity pose for credit trading under MiFID II.
In January’s Liquidity & Pricing show, Brett Pybus, iShares EMEA Fixed Income Product Strategy at BlackRock and Lee Bartholomew, head of Fixed Income & FX Product R&D at Eurex explain how trading desks on the buy- and sell-side can use ETF Options to manage accessibility and price formation in fixed income markets.