
Countdown to T+1
From 28 May the trade settlement cycle moves from T+2 to T+1, meaning pretty much all market participants in the US must settle trades within one day or face the wrath of the financial regulator.
From 28 May the trade settlement cycle moves from T+2 to T+1, meaning pretty much all market participants in the US must settle trades within one day or face the wrath of the financial regulator.
Digital prime brokerage, GCEX, has been granted permission from the Danish Financial Supervisory Authority (FSA) to operate as an investment firm.
Professional investors are predicting dramatic increases in allocations to hedge fund strategies over the next year by institutional investors and wealth managers, according to new research from Managing Partners Group (MPG), the international asset management group.
Truss Edge comments on T+1 rules from the SEC
Interactive Brokers (Nasdaq: IBKR), an automated global electronic broker, has announced its appointment as the primary international broker for Sinopac Securities.
BTON Financial, a data-driven, automated trading platform that is designed to help asset managers optimise their workflow and achieve better outcomes, has announced Andra AP-fonden (AP2), one of northern Europe’s largest pension funds, has decided to use BTON Financial to improve its trading performance.
Digital prime brokerage GCEX (GCEX Group) has announced that it has partnered with Komainu, a joint venture between Nomura, hardware technology company, Ledger, and digital asset investment manager, CoinShares.
Keeping ahead of regulatory change is a major responsibility for businesses especially as changes come along like the EMIR refit which is due to be enforced on the 29th of April in the EU and on the 30th 0f September 2024 in the UK, writes Colin Birchall, business development manager at Point Nine.
Powered by a buy-side trading culture and a flexible range of solutions that can be tailored to all types and sizes of investment managers, Cowen has long been a leader in the now fast-expanding area of outsourced trading. In an interview with Institutional Asset Manager, Jack Seibald – managing director and global co-head of prime brokerage and outsourced trading at Cowen – outlines the investment bank’s strategy and its plans for continued growth into new markets, geographies, and asset classes.
BNY Mellon has launched an outsourced trading offering for buy-side institutions globally, including asset managers and asset owners.
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