Tuesday, March 19, 2024

FLASH FRIDAY

Flash Friday
FLASH FRIDAY: Meet Christine Lee, STA WIF Vice Chair

FLASH FRIDAY: Meet Christine Lee, STA WIF Vice Chair

The journey toward gender parity is far from complete, said new STA WIF Vice Chair.

FEATURED

Traders Feature

2024 Markets Choice Awards — Nominations Are Open!

Event will be held in New York City in early May.

LATEST NEWS

Webull Launches Futures Trading

The product will initially focus on futures outrights in a select group of highly liquid futures markets.

Banks Invest in United Fintech as Digital Transformation Gap Widens

BNP Paribas and Citi are the first institutional investors in the digital transformation platform.

DTCC Appoints Sharon Biran as Chief Client Officer

Ex-Accenture exec has more than 20 years' experience in client engagement, global transformations and operational resilience.

ON THE MOVE: Jon Maier Joins J.P. Morgan AM; Stephen Bergin, Shayne Ganeson to TradingHub

The weekly recap of new hires, promotions and job changes in capital markets trading and technology.

DTCC Issues Guide for T+1 Conversion Weekend

Aim is for the industry to know what to expect, day-by-day, over the Memorial Day weekend.

JPMorgan Chase Fined $250m for Trade Surveillance Failure

The OCC found that JPMC operated with gaps in trading venue coverage and without adequate data controls.

Digital Transformation Gap Widens Between Leaders and Non-Leaders

Broadridge study shows many buy- and sell-side firms need to make progress on multiple tech and talent fronts.

SS&C Unveils T+1 Readiness Scorecard

Tool enables clients to assess where their post-trade settlement processes need work.

Archax Partners with Talos

The broker will also integrate its exchange and custody services.

TECH TUESDAY

TECH TUESDAY: Tailored and Principled: Striking a Balance in AI Regulation

Responsible AI regulation entails creating frameworks that prioritize safety, but don’t over-regulate to the point of choking innovation, Nasdaq's John Zecca writes.

Commentary

To Change the Investment Outcome, Change the Investment Process

To Change the Investment Outcome, Change the Investment Process
By James Maxfield, Chief Product Officer, Duco

Trading reimagined

Shining Light on Liquidity Lamp

Shining Light on Liquidity Lamp
Exegy's Andy Lee breaks down how quant traders have more visibility on 'iceberg' orders in US equities.

ON THE MOVE

BUYSIDE

SEC’s Sec Lending, Short Position Reporting Challenged

SEC’s Sec Lending, Short Position Reporting Challenged
Trade groups filed an opening brief in the U.S. Court of Appeals for the Fifth Circuit.

xSTAR Boosts BNY Mellon’s Growth in Outsourced Trading

xSTAR Boosts BNY Mellon’s Growth in Outsourced Trading
Most asset managers have outsourced some of their trading, or plan to do so.

Clearwater Analytics Selected by T. Rowe Price to Power Stable Value Investment Operations

Clearwater Analytics Selected by T. Rowe Price to Power Stable Value Investment Operations
Solution enables the creation of custom trade tickets for investment contract issuers.

Webinar: The Burden of the Buy Side

Webinar: The Burden of the Buy Side
With Claire Fenech, Janus Henderson Investors; Stuart Liddle, Invesco; and Steven Strange, ION Group.

REGULATION

Keynote Of CFTC Chairman Rostin Behnam At The FIA Boca 2024

CFTC Chairman speaks about the organization's current priorities.

Global Derivatives Markets Must Become More Efficient to Grow

Regulation, operational challenges and geopolitical risks as top priorities for market participants.

T+1 is Biggest Regulatory Headache for 2024

Most firms feel they are on track to meet the May deadline for shorter US settlement.

RETAIL REPORT

Interactive Brokers Unveils IBKR Desktop

The new trading platform marks a new chapter for innovation and focus on the intuitive user experience.

What Can Traders Expect During 2024’s Year of Elections?

Analysis of Plus500 OTC data from previous elections shows that commodities, indices and forex pairs are likely to be in focus.

Brokerage

‘Transformed’ Trading Technologies Aims to Accelerate Growth

Focus areas include a consolidated position in ETDs, and traction in multi-asset class trading.

Eventus Focuses on Multi-Asset Class Surveillance, Performance Enhancements

"Trade surveillance technology that looks for manipulative activity across asset classes is becoming a need."

FCMs Boost Front Office Investment

Data integration across the front-to-back trade workflow remains a key challenge for firms.

Tradier Unveils Futures Trading

The new offering will provide traders with more choice through an integrated network of popular trading tools.

OSTTRA and Baton Offer FX PvP Settlement

BIS warned of settlement failures in $2.2 trillion daily deliverable FX turnover.

Digital Assets

‘No Real Progress’ on Consolidated Supervision of Crypto Intermediaries

Acting Comptroller of the Currency Michael J. Hsu updated an FSB working group last week.

FIX Trading Sets Objectives of Digital Assets Committee

The focus will be on integration and interoperability; regulatory guidance; and the efficient use of DLT and smart contracts.

FINRA Publishes Crypto Asset Communications Sweep Update

Findings show potential violations In 70% of materials reviewed.

Spot Bitcoin ETF Trading Volume Exceeds $10bn

However, inflows were just a fraction of trading volume.
Traders Feature

STAC Kicks Off 98th Annual Mid-Winter Meeting

In addition to frigid weather, STAC will provide in-person educational sessions, networking opportunities, and "a ton of fun.”

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