Plato and BMLL Technologies introduce free market quality data tool
Platometrics provides market data on European equities, including a view of liquidity across venues, order fill rates and intraday volatility.
Equities
Sova Capital bolsters emerging markets sales trading desk with veteran Deutsche Bank trader
Sam Docherty has spent the past 15 years with Deutsche Bank as an equities sales trader, and joins Sova Capital as director of CEEMA sales trading.
Barclays EMEA execution sales head jumps ship for role at Citi
Matthew Cousens joins Citi as EMEA head of platform sales after spending just over a year with Barclays in a similar senior role.
XTX Markets overtakes Citadel Securities and Tower Research as largest ELP SI in Europe
Research from TABB Group found that XTX Markets is now the largest ELP SI in Europe, following record activity across the landscape in October.
BNP Paribas gains approval for Deutsche Bank prime brokerage and equities deal
Deutsche Bank’s transition of prime and electronic equities clients to BNP Paribas moves forward after both banks receive approval for the deal.
Turquoise block trading platform sees €11.8 billion record in October
In October this year, the Turquoise Plato Block Discovery platform saw eight record days of trading activity.
Kepler Cheuvreux expands execution team with hires from JP Morgan, Goldman and Mirabaud
Kepler Cheuvreux has made three new hires to its execution desk in London, after agreeing to combine services with Macquarie.
Macquarie and Kepler Cheuvreux form equities trading and research alliance
Macquarie has scaled back its cash equities business in EMEA and the Americas in response to ‘structural changes in the market’.
Credit Suisse and Societe Generale adopt blockchain settlement platform for US equities
Paxos has been given the green light to launch its blockchain-based settlement service for certain broker-dealers, including Credit Suisse and Societe Generale.
Goldman Sachs sees pressure on equities commissions as retail brokers slash rates
David Solomon, CEO of Goldman Sachs, says zero commission trading for institutional investors is unlikely, but acknowledged pressures on commission rates.