SIX agrees to acquire Aquis Exchange
Landmark deal will elevate Swiss-owned exchange operator’s exchange offering throughout Europe.
Equities
Aquis and Cboe to form joint venture intent on exploring consolidated tape bid
The exchanges will co-own a new Netherlands-based company named SimpliCT which will seek to leverage the expertise of its founders to develop a “best-of-breed equity CT”.
Frederick Charlton promoted to head of trading at Bell Rock Capital Management
Charlton has been with the firm for just over three and a half years.
SimCorp taps BlackRock for new head of Americas
New appointment spent the last nine years at BlackRock, most recently as managing director, and previously held positions at Barclays and Citi.
The results so far: Equities rebounding as market stays primed for continued macro uncertainty
The TRADE rounds up the current state of play across banks’ Q1 trading and markets results, featuring: Citi, JP Morgan Chase, Jefferies, and Wells Fargo.
Former BrokerTec business development head joins Wematch.live as global head of fixed income
Incoming appointment previously held positions at Brevan Howard spinout SigTech and CME Group’s BrokerTec.
European task force calls for coordinated approach between the EU, Switzerland and the UK on T+1
Following the reveal of the UK’s T+1 plans, European task force says alignment of dates across the continent will reduce the complexity of implementation projects for firms active across multiple jurisdictions.
FIS acquires post-trade platform Torstone Technology
Upstart fintech gains a major partner having built up its SaaS post-trade platform over the past 13 years, as FIS continues to bolster capital markets tech offering.
Invesco’s global head of fixed income trading departs for OEMS provider Adroit
Fixed income specialist had been with Invesco for over seven years after also serving at RBC, UBS Investment Bank, and Merrill Lynch.
Regulation
European Council and Parliament reach milestone Mifid compromise on consolidated tape and PFOF
Thursday’s agreement establishes a consolidated tape across asset classes and enforces general ban on payment for order flow with temporary member state exemptions.