LSEG unveils new post-trade offering to reduce FX options market risk

Kepler Cheuvreux has appointed the head of execution from S14 Capital to a sales trading role as part of its KCx expansion strategy, with the individual set to be based in Paris. This move reflects the firm's commitment to enhancing its trading capabilities and expanding its operational footprint in the financial sector.

SIX has announced the acquisition of Baymarkets, an Oslo-based platform, aimed at modernizing its derivatives clearing operations and enhancing its post-trade capabilities. This strategic move is expected to strengthen SIX's position in the clearing business by integrating advanced technology and services from Baymarkets.

A recent survey by The ValueExchange indicates that 95% of firms in the UK have begun preparations for T+1 settlement, reflecting a significant shift towards enhancing operational efficiency in financial markets. Less than a third of respondents expressed uncertainty about their service providers' readiness to support this transition.

BlackRock has partnered with AccessFintech to enhance post-trade connectivity between buy-side and sell-side firms, marking a significant step in improving operational efficiencies in the investment management sector. This collaboration also includes an investment from BlackRock to support AccessFintech's growth phase.

Marex has been appointed as the clearing firm for Singapore Exchange's (SGX) crypto perpetual futures, reflecting a growing demand for regulated crypto derivatives among institutional clients. This development highlights the increasing integration of cryptocurrency products into traditional financial markets.

Stifel has expanded its execution services team with the recent hire of a professional from Berenberg, continuing its strategy of enhancing its equities trading capabilities in both the US and EMEA regions. This move is part of a broader trend of recruitment in the trading sector as firms seek to strengthen their market positions.