Luke Clancy is the London-based editor-at-large for Risk.net.
Over the past 20 years spent in financial journalism, his previous positions have included: supplements editor, Risk magazine; editor of Hedge Funds Review, ETF Risk and Custody Risk (all formerly published by Incisive Media (now Infopro Digital)); senior investment writer, Investment Week (published by Incisive Media); deputy editor, Global Investor (Euromoney); managing editor, Engaged Investor and Pensions Insight (Newsquest Specialist Media); editor, World Mining Stocks (Aspermont UK); editor, Global Pensions and deputy editor, Professional Pensions (MSM International); online editor, Private Wealth Advisor and Offshore Red (Camden Publishing).
Market participants fear a “horrible” relocation project and more room for latency arbitrage
Financial Conduct Authority resists calls to diverge from EU’s tick size regime
Buy-side use of average pricing contributed to rash of failed trades and give-ups last March
Three large FCMs say standardising trade allocations could prevent a repeat of breaks seen during Covid volatility
Investors decry European rule that forces them to trade some equities in whole tick sizes
State fund and MIT’s business school look to improve ESG data and to reflect all investors’ views
Asset managers endorse UK move on caps and back changes to EU’s unloved share trading restrictions
FCA gives London dark pools an edge over EU rivals, but will fund managers use it?
Pension fund needs ESG alternatives to bonds to help close its funding deficit
Technologists working to automate indications of interest from trading desks
Risk Live: At some banks, 70% of spot is now traded via bilateral feeds
Broadway chief executive Tyler Moeller leads consortium to buy divested fixed income business
Sweden’s AP1 aims to ditch illiquid assets and target realistic returns with equities
The week on Risk.net, October 17-23, 2020
Rule that limits anonymous equities trading to be reviewed in UK, but EC has bigger fish to fry
Second-largest US pension fund has also reduced fixed income allocation to 12% as rates have fallen
Use cases for new tech are piling up – from CVA to VAR. But so are the obstacles
Collateral used to back ‘stablecoins’ such as libra will be unavailable for reuse
Dealers made success of remote working switch – now they’re investing in its future, and pausing grander ambitions