Anna Lyudvig

Last year, the NYSE focused on innovation to advance our markets for the benefit of investors and issuers alike. Most recently, we announced our plan to extend trading hours on our NYSE Arca equities exchange, pending regulatory approval, to 22 hours a day, 5 days a week. NYSE Arca ranks as the leading exchange for the listing and trading of ETFs. The NYSE’s decision to become the first exchange to drive extended hours for exchange-based trading reflects the continued growth of the U.S. as the center of the global economy.

Melanie Pickett has been named Head of Asset Servicing, Americas, Northern Trust. Pickett, who has been Head of Asset Owners Americas since 2022, will continue to oversee product and service delivery to asset owner clients, including pensions, foundations, endowments, insurance companies and corporations, and assume responsibility for the business unit’s asset manager clients. She will continue to report to Teresa Parker, President of Asset Servicing. Pickett brings more than 20 years of experience in senior operations and technology roles. She joined Northern Trust in 2017 to spearhead the development of Front Office Solutions, a new business line that focuses on the portfolio management and technology needs of complex asset allocators worldwide. Before joining Northern Trust, she was the Chief Operating Officer at Emory Investment Management.

Global banks are expected to cut up to 200,000 jobs over the next three to five years as Artificial Intelligence (AI) increasingly takes over tasks traditionally performed by human workers, according to a recent report by Bloomberg Intelligence (BI).

Data coverage, timeliness, and quality issues with historical data was cited as the top challenge in the investment research industry, with nearly two-fifths (37%) of respondents selecting this option, according to a research from Bloomberg.

The Grameen Crédit Agricole Foundation, Beyond Finance, and FosterImpact have collaboratively launched the Women Empowerment for Climate Fund, aiming to raise $100m.

Chris Isaacson is Chief Operating Officer at Cboe Global Markets.

A significant 75% of buy-side leaders recognize the benefits of AI but need more guidance on its practical application for improving investment analysis, decision-making, risk management, data management and client engagement, according to SimCorp’s 2025 InvestOps Report.

The weekly recap of new hires, promotions and job changes in capital markets trading and technology.

With the Trump administration taking office this Monday, capital markets are focusing on how his government appointments, including executive posts at the Securities and Exchange Commission (SEC) and the Federal Reserve, may impact bank regulations and the broader capital markets.

The index industry is at the heart of one of the most exciting shifts in modern finance—democratizing investing, according to Kirsten Wegner, the newly appointed CEO of the Index Industry Association (IIA).