Regulation | August 09, 2017 1:20 PM GMTMiFID II’s SI regime to herald new age of fragmentationIndustry estimates on the number of registered systematic internalisers suggests the market will see fragmentation increase severely.
Buy sideAugust 21, 2017 11:50 AM GMTT. Rowe Price to pay for research ahead of MiFID IIT. Rowe Price follows JP Morgan Asset Management and Vanguard in its decision to absorb the costs of research.
RegulationAugust 21, 2017 11:29 AM GMTISDA calls for EU-CCP relocation transitional periodISDA urges EU and UK policy makers to implement transitional period to reduce complexity and costs to market participants.
RegulationAugust 21, 2017 10:44 AM GMTBanks could unwind non-compliant derivatives contractsBanks may be forced to cancel trades with clients executed after 1 March if their collateral agreements had not been re-negotiated.
Foreign exchangeAugust 21, 2017 9:45 AM GMTKCG FX market making veteran joins CBOE’s HotspotMike Cahill who worked at KCG for three years will oversee sales of CBOE’s Hotspot business in Europe.
EquitiesAugust 21, 2017 9:19 AM GMTMorgan Stanley veteran appointed head of equities for ASIFMALyndon Chao will take on role as Nicholas Ronalds steps down to relocate back to Chicago.
Sell sideAugust 18, 2017 9:49 AM GMTInstinet makes second liquidity streaming agreement with Sun TradingLiquidity streaming agreement follows similar partnership with Virtu Financial earlier this year.
RegulationAugust 17, 2017 10:50 AM GMTInsider trading ring exposed by SECFormer Bank of America IT Consultant allegedly tipped friends about imposing mergers and acquisitions.
TechnologyAugust 17, 2017 9:58 AM GMTDRW to acquire rival in latest HFT tie-upTerms of the deal were not disclosed but it is expected to close by the end of September.
TechnologyAugust 17, 2017 9:22 AM GMTLiquidnet taps Deutsche Bank for technology headWith 16 years experience, Patrick Strobel joins Liquidnet from Deutsche Bank and has also worked at JP Morgan.
Sell sideAugust 16, 2017 8:48 AM GMTDeutsche promotes head of equities to Americas chiefTom Patrick joined Deutsche Bank in 2012 and previously worked at Bank of America Merrill Lynch for 18 years.
Post tradeAugust 15, 2017 11:00 AM GMTAviva Investors first buy-side client of new LCH direct collateral accountsThe new account structure will allow buy-side clients to post collateral directly with the clearing house.
RegulationAugust 15, 2017 10:55 AM GMTUS agencies provide respite with variation margin changesDerivatives trading bodies are pushing for US agencies to ease rules on how client cash margin held by banks is calculated as part of their capital exposures.
TechnologyAugust 15, 2017 10:19 AM GMTLiquidnet provides targeted invitations for algos in EuropeFirst launched in 2015, the targeted invitations were developed to help the buy-side access block liquidity.
Sell sideAugust 15, 2017 9:25 AM GMTBarclays hires global head of equities from Credit SuisseStephen Dainton was previously co-head of global markets at Credit Suisse and was with the bank since 2003.
EquitiesAugust 15, 2017 9:03 AM GMTPlato Partnership adds new founder membersJefferies, Cedar Rock Capital and SKAGEN are the latest to join Plato Partnership as founder members.