[ C O N T E N T S ]
IN-DEPTH
The only game in town
42
Following the removal of Swiss equivalence in the
European Union in July this year, Hayley McDowell
examines the fallout of the political development
and finds buy-side traders are benefitting from the
substantial shift in market structure.
Head into the close 50
OPINION 22
As volumes seemingly continue to migrate towards
the end of the trading day, Hayley McDowell
investigates the rise of closing auctions in Europe and
its impact on continuous trading for asset managers.
The big debate:
Outsourced trading
In mid-November, The TRADE published online a
stark warning on the rise of front-office outsourcing,
and its potential impact on the trading community,
penned by an anonymous senior buy-side head trader.
The TRADE invited responses to the article from the
industry and present a selection of those that were
submitted alongside the original.
MARKET REVIEW
2020 Vision
60
As 2019 comes to an end and 2020 comes into view
with the promise of Brexit and further upheaval in the
capital markets, The TRADE spoke to a range of cross-
industry participants to find out what they think will
be the top trends for the coming year.
FINAL THOUGHTS
Hayley’s Comment
86
Senior reporter Hayley McDowell offers her take on
ESMA’s proposal to introduce a consolidated tape for
European equity instruments.
Issue 62 // TheTradeNews.com // 5