Traders Magazine: ESG on the trading desk

At a recent Trading Evolved conference in New York, Sustainable Trading Board Members Lorna Boucher, Instinet and Frank Loughlin, AllianceBernstein contributed to a panel discussion “ESG considerations in Trading and Best Execution.”

Frank observed, “We’ve seen, in the past year, much greater interest from our asset owner clients in terms of asking questions about how ESG fits in trading.” Lorna noted, “For us, it’s operational. We look at what kind of firm we are and how we present ourselves as a partner.” The panel was agreed that the trading industry should ‘get in front of ESG and develop its own framework’ rather than wait for regulation, and that a cross-industry, collaborative approach was key to success.  As Frank says, “Without everybody at the table, this is not getting done.”

Read the full article here.