Hedge funds reportedly gained information from a Bank of England press conference audio feed five to eight seconds faster than other marker participants.
After launching the business in the US last year, Fidelity Investments will establish crypto trading and custody services for European institutional investors.
Asset managers have poured cold water on plans to expand MAR to include spot FX due to the impact of the FX Global Code of Conduct.
Pimco will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
Legal & General will use the cloud-based system from Charles River for its global trading operations.
Hosted at The Savoy, London, this year's Rising Stars of Trading and Execution brought together some of the asset management community's best and brightest young talent.
Asset managers have expressed concerns that the CSDR mandatory buy-in regime will impact liquidity and increase costs.
Intense competition for trading talent and client pressure on fees sees industry veteran Louis Bacon shut three flagship funds.
Jennifer Johnson, chief operating officer at Franklin Templeton, will assume the role of chief executive in February.
Over 250 industry leaders gathered at The Savoy Hotel in London to celebrate their achievements throughout the year.