ION Group takes stake in Broadway Technology
Fixed income and foreign exchange trading technology provider Broadway has gained investment from ION Group.
Asset Classes
ICE teams up with BlackRock Aladdin for automated portfolio trading
ICE Bonds and BlackRock provide automated execution for portfolio trading as protocol continues to rise in popularity with the buy-side.
Citadel Securities, Virtu, JP Morgan and Bank of America first to join ICE ETF Hub
Four major institutions are the first authorised participants to use the ICE ETF ecosystem, according to chief executive Jeff Sprecher.
ICE expands ETF hub with FIX connectivity and multi-order trading
ICE launched its ETF Hub last year in a bid to standardise the creation and redemption process for ETFs.
Veteran CME president Bryan Durkin to step down
Bryan Durkin has served in a variety of senior roles at CME Group during his 37-year career with the exchange operator.
Buy-side calls on brokers to reveal more on why FX trades fail
The Investment Association has proposed a more standardised format for FX trade rejections, as brokers currently have no consistent way to communicate this with the buy-side.
Deutsche Bank transition to cost BNP Paribas €100 million in prime brokerage restructure
BNP Paribas CEO Jean-Laurent Bonnafé says Deutsche Bank prime brokerage business transition is proceeding very swiftly, with restructuring costs expected to reach €100 million this year.
Credit trading platform Trumid sees record volumes in January
January trading on the Trumid platform surged 325% year-on-year, marking record volumes.
Cboe bolsters data business with acquisition of two derivatives analytics providers
Hanweck Associates and FT Options mark the latest acquisitions by Cboe, after the group confirmed plans to acquire EuroCCP late last year to expand derivatives trading capabilities.
Citi automates post-trade processing with shared ledger technology
Shared ledger technology provider Cobalt gained a strategic investment from early supporter Citi in 2016.