Europe braces for T+1 with coordinated testing push
Industry roadmap highlights multi-phase testing, weekend simulations and heavy reliance on coordination across CSDs, CCPs and custodians to avoid settlement disruption.
News
Buy-Side
BlackRock promotes from within for EMEA ETF markets head
Individual steps up to the role after 12 years at the investment management giant; most recently served as EMEA head of secondary and options markets for iShares.
BMLL and Tradefeedr partner on AI-ready analytics for equities and futures
Collaboration supports Tradefeedr’s move beyond FX, using BMLL datasets to deliver standardised analytics via a unified API layer.
SIX posts ‘strongest operational results’ in group history
The firm highlighted key drivers of growth, such as the completion of the Aquis and Baymarkets tie-ins over the course of 2025, contributing to a 5.4% net operating income increase.
Kepler Cheuvreux hires Mizuho EMEA convertible bond trading co-head to bolster fixed income offering
New hire, who worked extensively at Bank of America Merrill Lynch previously in his career, brings almost 20 years of convertible bonds sales and trading experience to the role.
Turquoise global chief executive departs to lead trading at OKX
Newly appointed executive previously served as global chief executive of Turquoise at LSEG and held senior roles across BCS Global Markets and ABN AMRO Clearing.
Regulation
FCA eyes potential payment for order flow shake up
The regulatory body confirmed that it “will set out any proposals for changes in due course”; news comes as the EU is set to enforce a full-scale ban of the practice on 30 June 2026.
Nasdaq and Talos partner to target tokenised collateral integration for institutional workflows
The collaboration is expected to tackle the fragmentation of collateral and risk workflows across digital and traditional infrastructures and provide a unified framework for clients to scale tokenisation strategies.
Bernstein hires equity sales trader from RBC Capital Markets
New hire previously spent nearly five years at RBC, and has also served at ODDO BHF, Societe Generale and Eurex.
People Moves Monday: LSEG, Invesco, Cantor Fitzgerald, and more…
The past week saw a multitude of senior trading appointments across the buy-side and sell-side.