Following a rate decision by a central bank, or an election, the process that investment managers took to approaching the event and then engaging with it need careful scrutiny in order to optimise both trading and portfolio decision making in the future. James Athey of Aberdeen Standard Investments, Sean George…
Secondary markets
Bracing for impact: What if you are misinformed ahead of a market event?
When an interest rate decision looms, portfolio managers (PMs), traders and dealers build a matrix of possible outcomes, decide their expectation and work out how to maximise their upside, while minimising their downside. That hinges upon an understanding of the market’s view, and its likely reaction to an outcome, to…
Full episode: Trader TV Live – trading around market events
In light of ongoing uncertainty around interest rate decisions, elections and economic data outputs, we held a live discussion about the buy- and sell-side firms trade around market events. Joining us were Sean George, chief investment officer at Strukturinvest, James Athey senior portfolio manager at Aberdeen Standard, and Mattias Remnefjord,…
Repo in the D2C market stands to be improved considerably by electronification
By bringing together the dealer-to-dealer repurchase agreement (repo) market with dealer-to-client market, asset managers can gain real advantages from trade clearing to straight-through-processing. Electronification of the market will continue to increase, says Oliver Clark, head of product at MTS and Tim Martins, head of product for repo and money markets…
Buy-side traders push for primary market reform
An increased reliance on the primary market is impacting trading desks’ efficiency in secondary trading. Frustration with the issue is leading asset managers to look for a reform of existing processes. In this interview, Oscar Kenessey, head of fixed income, derivatives and currency trading at NNIP, and Eric Heleine, head…