Ben Springett, European head of electronic and program trading at Jefferies, tells The TRADE about new algo strategies the bank has rolled out and the impact the market volatility in 2020 has had on the ELP SI landscape.
The bank recently bulked up its cash equity trading team in London with a number of new hires, bucking the trend in recent years of falling headcounts for stock trading teams.
The Canadian securities exchange alongside Cboe’s recently acquired alternative trading system, MATCHNow, will greatly expand its equities offering in the region.
The SEC's investigation into the market volatility caused by trading in GameStop stock back in January, raises questions about the market efficiency of short selling and the possible effects of acute margin calls on thinly-capitalized broker-dealers.
Study finds less than 1% of $27 trillion global fund assets comply with Paris Agreement temperature reduction targets.
The disastrous entanglement with Archegos Capital Management and its spectacular collapse has left the prime brokerage industry reeling with over $10 billion in losses across the Street. The event has resulted in a major shift in attitudes around risk management, but how far-reaching will these changes be on their reIationships with clients? Asks Joe Parsons.
In an open letter, the partnership highlighted the benefits of a tape across transparency, liquidity and risk management, and post-trade analysis.
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.
Event desks are recruiting ahead of an anticipated uptick in UK M&A deals, with the UK seeing more than $300bn worth of deals to June 2021 on a rolling 12-month basis, according to Citi research.
The expansion further advances the bank’s growth plan and follows its strategy to build a global investment product franchise.