Who remembers The Coba Project?
As the industry’s first attempt at a consolidated tape 10 years ago, The Coba Project eventually fell through due to a lack of support from participants.
As the industry’s first attempt at a consolidated tape 10 years ago, The Coba Project eventually fell through due to a lack of support from participants.
Incoming trader at the hedge fund previously spent nearly eight years at Morgan Stanley and served across Barclays Capital, Instinet and Fidessa.
Departing trading director also previously served at Dresdner Kleinwort Wasserstein, MainFirst Bank, and Morgan Stanley.
Incoming executive previously spent almost 13 years collectively at Norges Bank Investment Management, and founded Auka Capital.
Post-trade veteran who had held roles with JP Morgan, Soc Gen and Citi departs from role at LCH.
Investment bank attributes heightened market volatility, weak customer flows and ongoing client deleveraging as some of the causes for continued profit losses.
FIS originally acquired the business in 2015 through its acquisition of SunGard.
Jefferies’ head of electronic and program trading for EMEA, Ben Springett, tells The TRADE that increasingly large firms are unintentionally competing with themselves.
The electronic market maker will provide liquidity in pan-European shares on the exchange.
The pair will develop solutions that link trading workflows in emerging markets bonds and emerging markets currency swaps.