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03 Editor’ s note 06 News update
12 Buy-side cover interview
Building success in a fragmented US
ANNABEL SMITH sits down with Melissa Hinmon, director of equity trading at Glenmede Investment Management and winner of The TRADE’ s Buy-side Market Structure Expert of the Year Award at Leaders in Trading New York 2024, to explore her career path thus far, discuss advice for those starting out in the industry, and highlight the standout market structure themes for 2025.
24 In depth
An un-unified approach to expanding equities trading hours
As the US and Europe continue to take opposing approaches to extending trading hours, WESLEY BRAY explores what’ s encouraging division of thought, arguable benefits and the potential long-term market impact.
32 Webinar recap
The 2025 outlook: What’ s on the innovation horizon
The trading world faces a year of significant transformation driven by extended trading hours, AI adoption, and T + 1 settlement. During a recent TRADE webinar, industry leaders discussed key innovations, liquidity concerns, and evolving market structures shaping the future of trading.
36 Meet the Desk
Fidelity International: Championing individuality in the real money world
CLAUDIA PREECE sits down with Fidelity International’ s global FX desk – winner of the 2024 Foreign Exchange Trading Desk of the Year – to explore the key ingredients for a successful team, highlighting their focus on well- rounded traders, the importance of a hands-on approach to technology, and plans for further expansion.
44 The Big Interview
With Pictet Asset Management’ s Jade Beckmann
CLAUDIA PREECE sits down with one of The TRADE ' s 2024 Rising Stars and equity trader at Pictet Asset Management, Jade Beckmann, to discuss the dynamic on the firm’ s desk, delving into what’ s front of mind for the team for the rest of 2025 and unpacking which factors are set to have the biggest impact on traders’ day-to-day life now, and into the future.
4 // TheTRADE // Q1 2025