Citi head of credit markets trading promoted to EMEA regional head of markets
The move seeks to more closely connect Citi’s market franchise with its broader ICG and global wealth platforms.
The move seeks to more closely connect Citi’s market franchise with its broader ICG and global wealth platforms.
Departing head leaves BlockFi during a time of increased uncertainty within the digital assets space.
Margin increases of more than 30%, as well as the UK base rates jumping from an historic low of 0.1% to 1.25%, are having a significant impact of the cost of funding for trading.
The move follows BGC’s arrangement of the first ever block trade of Micro Bitcoin options offered by CME Group earlier this year.
The new legislation looks to create rules to ensure transfers of crypto-assets will be traced and identified to prevent money laundering, terrorist financing, and other crimes.
The past week saw appointments from CME Group, Outset Global, State Street, Horizon Software and Citi, as well as a departure from UBS.
New E2C head for EMEA has held senior roles at UBS, Deutsche Bank, Liquidnet and HSBC Securities.
Regulators in China and Hong Kong have agreed last month to include ETFs by Mainland and Hong Kong exchanges in Stock Connect, with the live date now set.
In a review letter, the Bank of England’s Prudential Regulation Authority discussed issues related to SIMM calculations and the impact the upcoming regulation will have on hedge funds portfolios.
The chief creator of UBS’ dark multilateral trading facility (MTF) is leaving the firm, The TRADE has learned.