New roles from the last week included a range of senior moves, including heads of trading and execution appointments.

Appointment is an internal promotion; role includes oversight of trading, portfolio management, investment research and capital markets across the firm’s European business.

The launch is planned for Q2 2026 and will be an industry-first, set to connect the world’s largest US Treasury futures and cash liquidity pools.

Riyadh-based entity will support the bank’s regional offering across corporate banking, investment banking, and operations across the Middle East.

The ‘recommended practices’ have been developed to be asset class agnostic, and are relevant not only to trading venues, but also for brokers, data vendors and other service providers.

New appointment had been with UBS for 16 years, including 12 as head of electronic credit sales for EMEA.

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.

The firm will initially enable OTC FX options; collaboration with SGX FX is expected to expand further in the future to enable institutional liquidity provision and execution choice across additional FX products.