Exclusive

FCA confirms tender process for UK consolidated tape

The UK watchdog today confirmed its decision to go with a single CT model chosen by tender process; while the European Parliament has finally come down in favour of the Mifir/Mifid II amendments suggested by MEP Danuta Hubner last year. Could a consolidated tape finally be on the cards?  

FX trading shifts towards listed markets as regulatory impact hits

The effects of regulations such as UMR and SA-CCR, combined with geo-political pressures, are shifting FX activity on-exchange – widening spreads and creating highly liquid trading conditions, according to the latest data from CME Group.   

Coremont hires new CTO away from JP Morgan

The investment management platform formerly of hedge fund giant Brevan Howard has hired its new CTO away from JP Morgan, where he ran the bank’s middle-office and post-trade ops.  

Olivetree Group acquired by Alvar Financial, CEO departs

Following rumours earlier this year regarding a merger with StoneX, The TRADE can reveal that Olivetree Group has been bought by prime brokerage Alvar Financial, while founder and CEO Daryn Kutner has left the firm.