Traders Magazine
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When you look at the institutional space, it was all really about workflow and global consistency, but when you look at the broader global landscape, there is a lack of competition in block trading. That’s according to Mehmet Kinak, Global Head of Systematic Trading and Market Structure at T. Rowe Price.
Speaking on the STA Trading Views podcast, which focused on Cboe’s recent acquisition of BIDS Trading, Kinak said: “Having someone like Cboe/BIDS be able to enter into that space with their technology prowess is very beneficial for us.”
The innovation continues, both in the exchange and the ATS space, according to Kinak.