Ratterman drops CEO role for chair of BATS
BATS Global Markets CEO Joe Ratterman is stepping down at the end of March after eight years in the role.
BATS Global Markets CEO Joe Ratterman is stepping down at the end of March after eight years in the role.
Aviva Investors has been fined £17.6 million for failing to manage conflicts of interest in its fixed income trading team between August 2005 and June 2013.
IPOs are set to become automated following the release of FIX Trading Community’s best practice guidelines setting out message standards for new listings.
Buy-side firms are moving away from using multi-asset class trading systems despite the development of multi-asset desks and huge investment in their development from vendors, according to research from consultancy Greenwich Associates.
The Investment Association will launch its long-awaited discussion paper on transaction cost best practice in ‘the coming weeks’, the trade body’s chief executive said today.
Creating near real-time pricing for fixed income products is a key step in the electronification of the asset class, according to Bill Gartland, senior director of Interactive Data’s Continuous Evaluations Service.
Aberdeen Asset Management was hit by net outflows of £1.5 billion from fixed income strategies in the fourth quarter of 2014, the company confirmed today.
Expansion in the FX and fixed income markets will be key priorities for technology vendor Portware in the year ahead.
Nasdaq OMX Group blamed unfavourable foreign exchange rate movements for impacting net revenues in three of its four major business lines in the fourth quarter of 2014, compared to a year earlier.