Asset Classes

Individual has more than 20 years’ experience; has previously served at Berenberg, Bank of America Merrill Lynch, Sanford Bernstein and Credit Suisse.  

The outage, sparked by a cooling issue at one of the group’s data centers, began at 8.40pm CT on Thursday; BrokerTec EU, BrokerTec US Actives and EBS markets have reopened. 

Regulatory fragmentation, legacy infrastructure and limited RMB liquidity continue to constrain Hong Kong’s ambitions to become a fully integrated digital market and RMB hub, panellists at The Network Forum: Asia warn. 

New hire is set to focus on trading pan-European stocks covering UK long-only and hedge fund clients in his new role, The TRADE understands.  

The new additions span the firm’s corporate, institutional and trading teams for FX, and are expected to strengthen Citi’s footprint in the regions.  

Integration of Oslo-based platform expected to modernise derivatives clearing and expand post-trade capabilities.

The move comes as MIAX “continues to focus on strategic growth opportunities within its core exchanges,” and looks to facilitate its entry to the prediction markets to benefit both institutional and retail futures traders.

The move marks the latest update in the legal proceedings, after the EU bond consolidated tape provider (CTP), Ediphy, appealed the decision to award the mandate to Etrading Software in September.  

The news aligns with increasing demand for regulated crypto derivatives products for institutional clients across the industry.  

The past week saw a newly created US equities position, a head of market making appointment, and the hiring of an industry stalwart into a relationship-focused role.