Tradeweb has seen a surge in portfolio trading among its clients as traders look to engage in an increasingly volatile market environment.
Report from Greenwich Associates found that technology spending on buy-side trading desks increased slightly by 4% year-on-year.
Drew Doscher has worked in distressed debt trading for three decades in senior roles at BTIG, Jefferies, Barclays and UBS.
Algomi will be integrated with BGC’s electronic trading and software division Fenics, after the deal closed late last week.
OpenDoor bolsters senior team with addition of Carson Wong from Fidelity as chief technology officer.
Greenwich Associates designates Citi as the world’s top fixed income dealer five years in a row.
Trumid saw record activity on its platform last month, as Barclays joins advisory committee to collaborate on trading protocols.
Fixed income and foreign exchange trading technology provider Broadway has gained investment from ION Group.
ICE Bonds and BlackRock provide automated execution for portfolio trading as protocol continues to rise in popularity with the buy-side.
January trading on the Trumid platform surged 325% year-on-year, marking record volumes.