Broadridge Financial Solutions’ LTX has integrated with electronic fixed income trading connectivity and integration provider, Multilynq, as it seeks to accelerate trading connectivity to the LTX platform.   Jim Kwiatkowski Jim Kwiatkowski, chief executive of LTX, explained: “Most dealers and asset managers are challenged prioritising their scarce technical resources to complete multiple critical technical projects. “Our partnership with MultiLynq will assist many clients in reducing time to market and quickening access to LTX’s AI-powered pre-trade tools including BondGPT as well as ou ..read more

What’s been the main topic of conversation on your desk over the last month? One topic is that US data has been surprising to the upside and the economy has remained resilient. We’re watching economic data closely because they can give indications on when the Fed could act on their rates decision. While a cut is clearly not happening at the next meeting, the stronger than expected data has caused volatility in rates, therefore filtering down to other markets that impact our investment decisions. I trade fixed income across the credit and local markets; the daily treasury moves impact prices ac ..read more

Citi has moved to expand its rates trading team with a string of new hires from across the street, The TRADE understands. According to an internal memo, Courtenay Watson has been appointed managing director in London, effective from August, and will cover the bank’s European Government Bond (EGB) trading business. Watson joins from BNP Paribas where she had been head of peripheral EGB trading. Prior to her most recent stint at BNP Paribas, Watson previously spent several years at Nomura in a rates trading role, as well as previously serving in intern roles at JP Morgan Chase, Nomura and Deloit ..read more

The BMLL Data Lab has been made available on Amazon Web Services (AWS) Marketplace, providing market participants flexible access to data and analytics. AWS Marketplace is a digital catalogue with software listings from software and data vendors that helps find, test, buy and deploy products that run on AWS. The BMLL Data Lab is a data science research sandbox which co-locates data and computes in an AWS cloud environment, offering access to full-depth order book data, enabling users to conduct analysis easily using historical Level 3, 2 and 1 data across equities, ETFs, and global futures. C ..read more

Wematch.live has appointed Grant Davies head of equities sales for the EMEA region, effective as of 15 May. Davies brings over two decades experience in securities finance to the firm, having held various leadership positions at EquiLend, JP Morgan and BlackRock. His expertise ranges across collateral management, ETF capital markets, securities lending, and total return swaps (TRS). Within the TRS space, Davies served as head of business development at Sunrise’s Matchbox, where he played a key role in launching and expanding the equity TRS platform. “[Grant’s] extensive experience, industry kn ..read more

Singapore-based investment manager New Silk Road has outsourced its trading to Northern Trust as it seeks to fortify its offering as T+1 looms.  Yen Leng Ong Specifically, trading will be provided via Northern Trust’s ITS, which is offered through the institutional brokerage part of the firm’s Banking and Markets segment, which also provides: FX, securities lending, and transition management services. Yen Leng Ong, country executive, Southeast Asia at Northern Trust, explained that New Silk Road approached the firm looking for a solution “to help navigate cross-border trading challenges ..read more

Over three quarters of asset managers expect not to make changes to their investment research processes despite the prospect of more freedoms due to recent regulatory updates, according to Substantive Research’s latest asset management community survey.  In the wake of the FCA’s research payment optionality, the report delved into how the current landscape is shaping strategies moving forward and asserted that either adoption or avoidance of new freedoms in the space is set to affect firms’ competitive positioning. Speaking to The TRADE, Mike Carrodus, chief executive of Substantive Resea ..read more

MarketAxess appointed Dan Burke as global head of emerging markets (EM), based in London. As part of the role, Burke will be responsible for the development and execution of business strategy for the EM business in both hard currency and local markets. Burke will also hold responsibility for business and product management expansion of MarketAxess’ EM trading business across both geographies and products. Burke joined MarketAxess from Standard Chartered, where he most recently served as managing director, based in Singapore. Elsewhere in his tenure at Standard Chartered, Burke served as global ..read more

Kepler Cheuvreux Execution Services (KCx) has gone live as a broker on Bloomberg Tradebook’s PAIR solution. The move will enable traders to execute multi-currency pair trades with KCx, navigating arbitrage strategies with better precision and efficiency. As a PAIR broker on Bloomberg Tradebook, KCx offers clients the ability to execute a variety of strategies for pair trades, helping traders optimise their strategies and achieve improved market impact savings. Clients will also benefit from an improved trading experience given that the PAIR GUI integrates with a variety of EMS providers, inclu ..read more

Societe Generale has appointed Jeffrey Mortara as global co-head of equity capital markets, joining Luis Vas Pinto in leading the bank’s ECM objectives. Based in New York, Mortara will report to Carl Bassili and Bruno Magnouat, co-heads of Societe Generale’s investment banking division within global banking and advisory, and regionally to Guido van Hauwermeiren, head of global bank and advisory for the Americas. Mortara joins from UBS, where he previously served as global co-head of equity capital markets, leading a team of equity and equity-linked individuals in the US, Europe and Asia. Befor ..read more