Asset managers have poured cold water on plans to expand MAR to include spot FX due to the impact of the FX Global Code of Conduct.
Chris Corrado, who is chief operating and chief information officer at LSEG, will leave at the end of the first quarter next year.
Daily penalties mean the upcoming Settlement Discipline Regime (SDR) is an issue for the front-office as well as the back, according to the DTCC.
Sponsored message from MarketAxess
Anju Sima, UK client and sales lead at MarketAxess, tells The TRADE about the firm’s newly launched Smart Select mechanism, which uses the firm’s unique data sets and automation technology to help buy-side clients optimise liquidity provider selection.
Trumid teams up with Inforalgo following increased client demand for eased straight through processing.
CME Group said clients are increasingly looking for FX products to manage exposure.
MiFID II failing to improve market data fee conflict with ESMA looking to equities consolidated tape solution
Review of MiFID II finds market data fee issues are not being addressed by the regulation as ESMA recommends real-time consolidated tape for equity instruments.
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INDATA: Emerging technologies impacting the front office – Part four
David Csiki, President of INDATA, talks to TRADE TV about the impact of emerging technologies on the front office, including artificial intelligence, in the fourth and final part of this video series.
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360TGTX MidMatch provides traders with the ability to electronically exchange risk at the mid, with ANZ and Commerzbank the first to use the new service.
RJ O’Brien will use the managed FIX service from Itiviti to centralise monitoring and administrative processes across regions.
GTS has entered into a definitive agreement to acquire the equity options market making at Barclays for an undisclosed sum.
Bill Pryor had been with Citi for four years leading development of big data and cloud technology across custody fund services.
ESMA has called for greater supervision of STORS under MAR, as number of reports from firms surged 130% in 2017.
Following calls from the industry to reduce trading hours in Europe, the LSE has started a consultation and is accepting responses until the end of January.
The EquiLend Swaptimization platform uses a proprietary algorithm to match natural pairs in the total return swaps market.
Brian Franz has been appointed chief information officer at State Street, bringing extensive knowledge of AI, machine learning and robotics to the bank.
George Elhedery and Greg Guyett will head up global banking and markets at HSBC, as the bank confirms Samir Assaf will step down next year.
The launch of the platform marks the latest success for AccessFintech, which originated from JP Morgan’s FinTech incubator and went live just six months ago.
France’s AMF has imposed a fine on Morgan Stanley for allegedly manipulating bond prices, but the US bank will appeal the decision.