Counterparties’ ethical credentials are being thrust into the spotlight, putting laggards at risk.
Duncan Higgins is quoted in this article by Andrew Bowley in the Financial News.
We are already seeing innovation in this space. Duncan Higgins, an equity market practitioner with a wealth of experience on client service models, has established Sustainable Trading, a new standard setter for trading firms. This body is not for profit and designed to create a transparent framework to assess ESG credentials of trading desks, as a way of benchmarking this factor on partner selection. More than 20 finance firms have joined this initiative so far.
Read the full article here.