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“ It ’ s about bringing the street close to you rather than working against it because it just doesn ' t improve or foster the right relationships - especially when you ' re trying to do stuff that ' s incredibly secretive or where you ' re involved in stake building .”
Papanichola is the only primary trader at the firm . However , in the event of his absence , it has various back up models in place including cover from within the firm and outsourced trading firm , Williams Trading , on standby . Bluebell focuses mainly on Europe , and while it has some dealings with the
US , the US open is a sufficient amount of overlap with European market hours to satisfy its trading needs , Papanichola confirms .
“ We also have a disaster recovery backup model where we can use an outsourced trading house to manage our executions if we need to or act as an extra layer of execution above and beyond the prime brokers that we use and the algos that we use ,” he says .
“ We use a variety of high and low touch . Obviously with Mifid we have to focus on best execution . We aren ' t really involved in a huge amount of
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