The past week saw continued movement across the industry, with a blockbuster sell-side head of liquidity departure, as well as hires across electronic sales and outsourced trading.  

The proposals specifically focus on rules 611 and 610 (e), which span the ‘trade-through rule’ and ‘locked’ and ‘crossed’ market restrictions, and aim to better align regulation with modernising US equity markets.  

HSBC, BNP Paribas, Citadel Securities, CME Ventures and Broadridge among investors backing latest round as focus shifts to regulated blockchain market infrastructure. 

Development establishes a regulated channel between Swiss and Dubai financial centres, and bolsters Dubai’s regional and global positioning in capital markets.  

New appointment brings more than 20 years of institutional trading experience to the role and will support Marex in navigating growing demand for outsourced trading in Asia and also across global markets.  

London-based Dove’s next role is currently unconfirmed; he leaves the broker after almost five years leading the firm’s liquidity offering.  

The offering – which leverages MarketAxess’ RFQ-hub platform – will allow OptimX users to initiate RFQs and engage with liquidity providers within existing workflows.  

Individual brings more than 20 years of electronic trading experience to the new role, having also previously worked at RBC Capital Markets and Merrill Lynch.  

Deal is set to close in Q3 2026; move will bolster the expansion of the asset manager’s private credit platform across the Continent.  

The offering will allow institutional investors to estimate counterparty price commitment prior to indicating intent to trade; T.Rowe Price has signed on as an anchor client, The TRADE understands.