RBS confirmed NatWest Markets would shut its client clearing and execution business for listed derivatives in the first quarter this year.
With Torstone Technology’s platform, Credit Suisse will consolidate and automate the post-trade operations of its equity trading business in Canada.
Dean Berry joins Refinitiv as global head of trading after four years with BGC Partners where he was global head of electronic and hybrid markets.
Jon Jefferies joins JonesTrading as managing director of equity trading in New York after almost five years with Wells Fargo.
Bianca Gould joins RBC Capital Markets as co-head of electronic EU sales and trading after 16 years with Redburn where she led algorithmic execution.
Refinitiv found 44% of sell-side firms had deployed artificial intelligence and machine learning in multiple areas, compared to just 28% of buy-side firms.
Vadim Kotov, who spent five years with BNP Paribas earlier in his career, has joined Russia's BCS Global Markets as chief operations officer for the investment bank arm.
Now seen as the month that changed the world, Joe Parsons takes an in-depth look at how hedge funds and prime brokers responded to the economic crisis that ensued in March, and what the ‘new normal’ could for be the HF-PB relationship.
The first electronic invoice spread trade on Tradeweb was executed on the platform between Capula Investment Management with JP Morgan acting as the liquidity provider.
The Live Markets order book from MarketAxess has added Goldman Sachs as a dedicated market maker for US investment grade corporate bonds.