New role for Charles River chief executive who had held the role for almost six years and played a key role in State Street’s Alpha strategy. 

Individual brings almost a decade of industry experience and has also previously worked at JP Morgan.  

Eight financial institutions have already joined the model, including Goldman Sachs, JP Morgan, Jane Street and Morgan Stanley.  

The listing includes the first contracts spanning Banco Santander, Banco Sabadell, BBVA, Endesa, Iberdrola, Inditex, Repsol, and Telefónica. 

Investment research spend increases have been driven by factors including analyst coverage requirements and rising headcounts, according to a Substantive Research survey. 

Enhancements to the initiative expand offshore RMB liquidity tools with multi-currency settlement and collateral reuse. 

Following a similar issue with the US move to T+1, the second iteration of Thursday conundrum for ETFs trades has emerged as divergent settlement systems around the globe continue to cause headaches for traders.  

Individual has also previously worked at Bank of America Merrill Lynch and Goldman Sachs; move coincides with the firm’s head of public-side sales, EMEA, transition to become vice-chair of EMEA global markets. 

Individual brings more than two decades of industry experience to his new position, and has also previously worked at Goldman Sachs, JP Morgan, Nomura and Lehman Brothers.