Brokerage Archive

September 14, 2011

New Neonet CEO closes US trading desk

In one of his first moves in the role, the newly appointed Neonet Securities CEO has shut down the firm's New York trading desk. read more>

September 13, 2011

App market offers easier route to Autobahn

Deutsche Bank has launched an Autobahn app market, designed to offer a single, user-friendly access point to the bank's entire suite of electronic services. read more>

September 13, 2011

PLUS admits first derivatives member

PLUS-DX, the derivatives market operated by UK retail-focused exchange group PLUS Markets Group, has signed broker-dealer Vantage Capital Markets as its first trading member after receiving regulatory approval in July. read more>

September 12, 2011

Instinet continues diversification drive with corporate access hire

Global agency broker Instinet has hired William McKeown as head of North American sales for its Meet the Street corporate access platform, launched in March 2010 as part of efforts to broaden its offering and diversify revenues. read more>

September 09, 2011

Asian climate suited to CSA growth, says Celent

Commission sharing agreements can increasingly help Asian buy-side firms achieve best execution, according to a new report by financial research firm Celent. read more>

September 08, 2011

Newedge hires ex-SocGen CFO

Brokerage firm Newedge has appointed Francoise Guillaume as global chief operating officer and deputy CEO. Based in Paris, Guillaume will also participate as a member of the Newedge executive committee. read more>

August 30, 2011

SunGard consolidates trading desks under Valdi banner

Financial technology provider SunGard is to consolidate its high-touch execution services trade desk into its Valdi Liquidity Solutions business, uniting the firm's high- and low-touch trading capabilities. read more>

August 26, 2011

BCS taps rival to develop Russian institutional offering

Russian brokerage Broker Credit Service has embarked on an expansion of its institutional electronic trading service, following the hiring of a team from rival firm Renaissance Capital. read more>

August 24, 2011

Credit Suisse grows Mumbai investment banking team

Credit Suisse has made 11 appointments in its Indian investment bank, across its equities, fixed income and investment banking sections. read more>

August 17, 2011

Low European volumes to intensify sell-side rivalry

Worse-than-expected equity volumes in Europe will put pressure on major brokers to invest in electronic trading systems to remain competitive by exploiting economies of scale. read more>