Philippe Buhannic, CEO of TradingScreen

TradingScreen – Best Asian Trading Venue

TradingScreen is a leading provider of electronic trading solutions. Through the innovative use of technology, TradingScreen delivers a proven execution management platform and a global network to access any market, any counterparty and trade any financial instrument, from anywhere.

TradingScreen is the largest EMS and growing OMS for the buy side. It has also launched TradePlus, a leading OMS for the sell side, and is now offering a full-fledged exchange platform for new market segments to exchanges, sell side firms, buy side firms and consortiums that want to create liquidity pools. 

Last year, Singapore Exchange (SGX) selected TradingScreen to create the trading platform of the first OTC liquidity venue dedicated to Asian bonds, called SGX BT. TradingScreen established its own European bond trading platform in 2011. Entitled Galaxy, it is a pan-European Fixed Income multilateral trading facility (MTF) that helps participants overcome the challenges of market fragmentation by facilitating liquidity and price discovery, and achieving best execution.

The growth of Asia’s Fixed Income market has led to demand for a more efficient secondary market. Using TradingScreen’s technology, SGX BT is able to support multiple trading models, giving traders the ability to experience a comprehensive Asian bond trading service.

“The EMS capability of TradingScreen is proven and widely recognised, especially in APAC. It also allows the clients to completely outsource the technology, as we are SaaS-based, and we support all the trading models for Fixed Income versus the traditional RFQ only model. This gives our clients the flexibility to meet their needs for each segment of the market,” explains Philippe Buhannic (pictured), CEO of TradingScreen.

Another key development for the firm last November was the rollout of TradeCross, a unique solution that was created by a number of buy side firms. TradeCross helps institutions to trade blocks safely and anonymously as bond trading moves towards an all-electronic, all-to-all market structure. 

“This was a very important development as it positioned us as a partner to players that want to offer solutions to the growing liquidity crisis. TradingScreen, through its technology, can help the market find its balance in the new Fixed Income world that we are living in. TradeCross also represented the culmination of years of efforts in aggregating tools and applications toward a new market concept that we will offer to our partners,” says Buhannic. 

TradeCross counts Axa Investment Managers, Groupama AM, Foreign & Colonial AM, EXOE, La Banque Postale AM, Natixis AM Finance and Nordea Investment Management among its numerous participants.

Buhannic sees 2015 as a year of restructuring for many firms as new business models start to emerge. TradingScreen will accompany the market in its evolution “by providing the sell side, buy side and exchanges with new tools to leverage these developments and deliver profitability,” says Buhannic. 

“We will deploy more systems to more people through more products and we will continue to invest heavily in new technology and new market concepts.”

On winning the award this year, Buhannic comments: “We are very proud of our development team, as they have done an outstanding job building very innovative and sophisticated applications. It is always an honour to be recognised.”

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