Brokerage Archive

April 09, 2013

MF Global to change US laws, accelerate MIFID II

The collapse of MF Global could strengthen US laws and accelerate the implementation of MIFID II after a judge in New York last week approved a bankruptcy plan for the collapsed brokerage, according to buy-side firms. read more>

March 21, 2013

Cypriot turmoil leads foreign investors to rethink Russia ties

Economic instability in Cyprus is causing some firms to re-evaluate relationships with Russian brokers that use the island as a tax-friendly route to Russia, despite the minimal impact the uncertainty will have on equity trading. read more>

February 22, 2013

Citi reorganises US equities unit

Citi has reshuffled its global equities management team and appointed Dan Keegan to lead the investment bank's US equities team. read more>

February 19, 2013

Goldman Sachs confirms merger of equity trading entities

Goldman Sachs has confirmed it will combine two separate broking entities in a bid to offer more streamlined equity trading services to clients. read more>

February 04, 2013

NYSE adds China-based brokers to FIX network

Everbright Securities and GF Securities have joined NYSE Technologies' fully managed FIX-based trading community Marketplace, broadening the China-based brokers buy-side members can trade with. read more>

January 30, 2013

State Street confirms Bear appointment

Investment research and trading house State Street Global Markets (SSGM) has confirmed the appointment of buy-side veteran Daemon Bear. read more>

January 28, 2013

Finding the right match

A number of buy-side firms have begun picking brokers to meet their trading and clearing needs for the new OTC derivatives era, but what will be the most important factors driving counterparty selection? read more>

January 25, 2013

Knight to merge trading services

Knight Capital has revealed plans to combine its sales trading and electronic execution businesses. read more>

January 18, 2013

Takeover set to boost RenCap's trading offering

Takeover set to boost RenCap's trading offering

Renaissance Capital's electronic trading group CEO Damian Bunce says a prospective takeover of the emerging markets-focused investment bank by Russian private investment fund Onexim will let the firm tap into capital to support its trading ambitions. read more>

January 16, 2013

Citi redefines bond platform after fragmentation debate

Citi plans to offer a wider range of emerging market instruments on its new fixed income trading platform but will not extend the offering to corporate bonds due to fears of liquidity fragmentation. read more>