Geopolitics and trade policy are no longer background noise. Tariffs, industrial policy, and currency pressures are reshaping supply chains, balance sheets, and cross-border capital flows, especially across Asia.
Buyside firms are accelerating order and execution-management system upgrades, though adoption cycles are polarized, with many desks modernizing and others relying on legacy platforms.
Among the various execution tools European traders use, Systematic Internalizers and Periodic Auctions play a key role in adding liquidity and supporting best execution.
A recent Bloomberg Intelligence study found that buyside European equity traders want lighter regulation, more retail flow and IPOs, and unchanged trading hours.