MarketAxess will expand into the US treasury trading market with its acquisition of LiquidityEdge.
Interdealer broker Tradition is looking to expand FX data services due to increased client demand.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
After launching its machine learning-based FX algo trading tool in April, JP Morgan says it is looking to increase adoption of the technology in FX.
Don Bryon formerly led products for Fidessa’s derivatives trading platform.
Morgan Stanley came first for commissions, while the combined Virtu/ITG algos are considered top by investment firms.
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
Credit Suisse has added new technology and reshuffled senior leadership to the algorithmic trading division as it looks to regain market share.
The MOVE index will become part of the ICE Data Services business upon closure of the deal.
TABB Group finds that the buy-side’s US commission pool has declined 42% since 2015.