Equities

Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.

Pershing trading services will now be available to the wider BNY Mellon custody client base, and to new clients as a stand-alone service. 

MATCHNow acquisition will provide Cboe with means to build a comprehensive equities platform for Canadian markets.

After equity markets in Australia exceeded processing capacity on 13 March, the regulator imposed restrictions on the number of trades large brokers could execute.

BlackRock, Wells Fargo and Flow Traders are among those backing US challenger exchange group MEMX in recent funding round.

Former JP Morgan veteran Fater Belbachir joins Citi to lead its equities division after less than a year with Barclays.

Equity exchanges in the US have been told to submit new plans for control over the controversial consolidated tape.

Robert Barnes, CEO of LSEG’s Turquoise, tells The TRADE there has been an underlying change in how business is getting done.

While spreads globally have fallen from highs seen in March, they are still higher than earlier in the year as markets remain uncertain and volatile.