EuroCCP to clear trading for EU entities of Cboe, Turquoise & Aquis
Cboe and Turquoise have established EU entities in Amsterdam, while Aquis Exchange set up its new EU base in Paris.
Equities
JP Morgan appoints head of global volatility within equities business
Rachid Alauoi replaces Fater Belbachir as head of global volatility within the global equities business at JP Morgan.
ELP SIs gain ground with record volumes in February
Market maker-operated systematic internalisers are winning market share now more than a year into the MiFID II regime.
MEMX taps former Instinet chief executive to lead member-owned equities exchange
Jonathan Kellner appointed as chief executive of newly-formed exchange effective immediately.
Kepler Cheuvreux extends equity research deal with CIBC
Kepler Cheuvreux will distribute CIBC’s equity research to European institutional client base as part of the extended agreement.
BCS Americas launches global equity algo trading platform
The equity trading platform will provide institutional investors with execution and settlement as BCS Global Markets looks to develop its international presence.
MiFID II sees global equities trade execution rates decline
Analytics on average global commissions shows that rates have declined across developed and emerging markets.
UBS block trading veteran departs for senior equities role with BTIG
Nigel Fenn joins BTIG focusing on block trading across various markets after more than a decade with UBS in a similar role.
Goldman Sachs appoints European regulatory strategy head from Morgan Stanley
Eleanor Beasley left Morgan Stanley late last year after almost 15 years with the investment bank.
Aquis Exchange launches European business after gaining approval for MTF in France
The trading venue’s sales head will relocate to Paris to lead the MTF as CEO of newly-formed business, Aquis Exchange Europe.