Annabel Smith

2 weeks ago | thetradenews.com | Annabel Smith

Optiver has moved to convert into a systematic internaliser (SI) as a “natural next step” in the businesses’ growth and progression plan, The TRADE can reveal. The decision is imminent. Optiver confirmed that it will begin rolling out gradually once set-up is complete. The move comes as part of the natural progression of the business, Optiver’s head of European equity market structure, Anish Puaar, told The TRADE.

3 weeks ago | thetradenews.com | Annabel Smith

Euronext’s fixed income trading platform MTS has gone live with a new buy- and sell-side dealer to client protocol. Named the BondVision Dealer-to-Client (DCT), the newly launched offering is a multi-dealer buy– and sell-side focused protocol that covers rates, credit and repo. The offering was developed as part of the BondVision partnership announced by Euronext’s MTS in September last year.

3 weeks ago | thetradenews.com | Annabel Smith

Goldman Sachs has gone live with a new connectivity that will offer clients algo order status updates delivered via API on their FlexTrade execution management system. The new offering is the first of its kind and designed to enhance buy-side visibility of algo orders throughout the trading day, building on existing capabilities in this sphere delivered via FIX connectivity. The service will give clients access to proprietary data on Goldman algos directly via EMS.

3 weeks ago | thetradenews.com | Annabel Smith

Spring is a time for new beginnings and that can certainly be said for both the markets and our internal day-to-day here at The TRADE. Seismic innovations in the way that stocks and shares are trading – namely the extension of equities trading hours to a 24/5 model – look set to come to fruition in the next year. While the US appears bullish with its plans to extend its trading day, the UK and Europe remain reluctant to follow suit.

3 weeks ago | jdsupra.com | Olivia Kendall-Martin |Annabel Smith

The UK Financial Conduct Authority (FCA) has set out its commitment to “become a smarter regulator” – one that is predictable, purposeful and proportionate. This may have been well received by firms, especially since, tonally at least, it signals a potential adjustment to the FCA’s approach in 2022-2025 which aimed to set higher standards by being “more innovative, assertive and adaptive”. It also promises operational improvements to become more efficient and effective.