The appointment marks the culmination of Gibbons’ 34-year career at BNY Mellon, where he has held many of its most-senior roles.
A damning statement from the World Federation of Exchanges warns that restrictions on short selling will impact price formation in volatile markets.
Longstanding financial chief at Jefferies and industry veteran Peg Broadbent died following complications with coronavirus.
Royal Bank of Canada and its Channel Islands subsidiary have joined LCH RepoClear as clearing members.
The second episode of The TRADE Talks podcast was produced from the comfort of editorial team's homes, with special guest Barnaby Nelson, chief executive of the Value Exchange, who discusses the surprising results of the Grey Costs per Trade survey.
The Investment Association has written to the FCA and the Bank of England to confirm that asset managers want markets to remain open despite coronavirus volatility.
Market maker XTX Markets is the latest firm to give funding to global coronavirus relief efforts.
ISDA and 20 other trade associations have written to regulators to delay the execution of initial margin requirements due to the coronavirus pandemic.
A client could not meet margin calls on US options and futures trades, forcing ABN Amro to close-out the position and take a $200 million loss.