Bank of America's trading income down 20% in Q4
Bank of America’s Global Markets division saw sales and trading income fall by a fifth in the fourth quarter of 2014, according to results today, excluding accounting adjustments.
Bank of America’s Global Markets division saw sales and trading income fall by a fifth in the fourth quarter of 2014, according to results today, excluding accounting adjustments.
Citi’s head of EMEA execution sales (electronic trading) has left the group after five and a half years, The TRADE understands.
Buy-side firms spent more than US$12 billion globally on their trading desks last year, investing primarily in technologies and people, according to research from consultancy Greenwich Associates.
The European Securities and Markets Authority has published its consultation on draft regulatory technical standards for the Markets in Financial Instruments Directive II.
SunGard has launched a new transaction cost analysis solution for foreign exchange trading to help its clients better understand the quality of FX execution.
The introduction of exchange-traded foreign exchange derivatives in Europe has proved to something of a saga, but the new products were launched earlier this year on CME Europe and Eurex.
Last night saw the very best in the industry honoured at The TRADE’s annual Leaders in Trading awards ceremony at the Savoy Hotel in London.
FX markets are witnessing an explosion in buy-side to buy-side trading activity as banks increasingly enable their clients to directly access the market, according to research from consultancy GreySpark Partners.
European regulators have published a consultation paper on the central clearing obligation for foreign exchange non-deliverable forwards.
A new foreign exchange trade association has been set up to tackle global regulations set to transform the market in the coming years.