New global product manager of derivatives clearing previously spent 30 years at Bank of America.
New RBC sales trader and director previously spent 14 years at Morgan Stanley and joins the firm to expand its European cash trading division alongside two other senior new hires.
The derivatives exchange will cease trading of all instruments on 18 January next year following an ongoing unsuccessful period.
As a market first, CME’s new sustainable clearing service will allow participants to track whether their hedging strategies are achieving their sustainability goals.
The Taiwanese bank has gone live as a client clearing FX derivatives using the ForexClear service at LCH with UBS acting as the clearing broker.
The Securities and Exchanges Commission (SEC) found that RBC allocated bonds intended for institutional investors to parties who then resold them to broker-dealers at a profit.
Among those to depart is the asset manager’s former global director of trading, co-director of emerging markets, and its emerging markets portfolio manager.
New weekly options contracts will increase precision, adding more granularity to trading strategies, allowing Russell 2000 Index exposure to be more fine-tuned, said the exchange.
Regulators give the green light to a Southbound Bond Connect channel, connecting Mainland China investors to the Hong Kong bond market to encourage outbound investment.
The new firm, Radkl, will initially focus on quant trading across digital assets with plans to extend into decentralised finance (DeFi) later down the line.