Ardevora Asset Management will shut its internal trading desk as of April next year with head of trading, Neil Bond, expected to leave around the same time.
TrueFX from Jefferies and Integral aims to reduce costs for the buy-side by combining trading, technology and credit services into a single product.
Andreas Utermann has been chief executive officer at Allianz Global Investors since March 2016.
Sponsored message from Refinitiv
The explosion of market data in fixed income is creating a host of new opportunities and challenges for the fixed income trading environment, but there are ways to benefit from the changes in this landscape.
UBS was found to have overcharged the post-trade spread for around 28,700 client transactions in Hong Kong over a ten-year period.
Credit Suisse veteran David Miller replaces James Amine as CEO of investment banking and capital markets.
Buy-side pursues executable streams for US Treasuries trading
Research from Aite Group, in partnership with The TRADE, reveals that while RFQ still dominates trading in US Treasuries, the buy-side expects to ramp up trading via executable streams.
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INDATA: Emerging technologies impacting the front office – Part one
David Csiki, President at INDATA, talks to TRADE TV about the impact of front-office technologies, such as OMS, in the first part of this video series.
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Limeglass recently completed the JP Morgan In-Residence Program aimed at facilitating FinTech start-ups.
Deutsche Bank is one of four international banks working with Symphony to integrate WeChat for corporate clients in China.
The TRADE profiles its Rising Stars of Trading and Execution 2019, concluding with Adam Ottewill, Colleen Sweeney, Markus Bauer, Alex Jenkins and Sam Barclay.
Nasdaq plans to extend the upgraded AI-powered surveillance system to clients and regulators globally.
Tower Research Capital will pay the largest settlement to date for a spoofing scheme which resulted in $33 million in market losses.
In October this year, the Turquoise Plato Block Discovery platform saw eight record days of trading activity.
Patrick Strobel will oversee the alignment of technology following Liquidnet’s acquisitions of Prattle and RSRCHXchange.
AFME and the Investment Association are requesting shorter market open hours to improve culture and diversity in the industry.
Plato Partnership will introduce a TCA system focused on providing order routing transparency in Europe from US-based BabelFish Analytics.
As of 11 November, EuroCCP will offer clearing in cash equities at the Frankfurt Stock Exchange and Xetra.
Shareholders will meet on 26 November to vote on the London Stock Exchange Group’s proposed acquisition of Refinitiv.