Business AcquisitionFinance

Buy-Side Firms Accelerate Outsourced Trading Adoption as State Street Expands Global Footprint

Major financial institutions are rapidly expanding their outsourced trading operations as asset managers and hedge funds increasingly delegate execution to third-party providers. State Street’s Frankfurt expansion and Marex’s Asian hiring reflect growing demand for cost-effective trading solutions across equities, fixed income, and derivatives.

Outsourced trading is experiencing unprecedented growth as financial institutions including State Street Corporation, Marex Group, and Jefferies Financial Group expand their global operations to meet surging demand from asset managers and hedge funds. This strategic shift comes as buy-side firms seek greater efficiency, cost reduction, and access to specialized execution capabilities across multiple asset classes and geographic regions.

Global Expansion of Outsourced Trading Desks

Business AcquisitionFinance

Big Bank Earnings Season: Goldman Sachs, JPMorgan Chase Lead Q3 Profit Surge

The Q3 earnings season begins with major banks including Goldman Sachs and JPMorgan Chase reporting results. Analysts expect S&P 500 earnings growth of 8%, marking the ninth straight quarter of profit expansion amid trade tensions.

The earnings season kicks off this week with major financial institutions including Goldman Sachs, JPMorgan Chase, and Bank of America leading the charge. According to FactSet’s John Butters, analysts project S&P 500 earnings grew by 8% year-over-year in the third quarter, potentially marking the ninth consecutive quarter of profit growth. These results gain additional significance as U.S.-China trade tensions escalate following President Trump’s threat of additional tariffs.

Goldman Sachs Earnings Preview