Toby Bayliss has resigned as head of electronic execution sales, Europe at Citi, to take up a new position at Sanford C. Bernstein & Co., the brokerage subsidiary of US-based asset management group AllianceBernstein.
Almost a quarter of European buy-side traders believe transparency has reduced in the equity markets since MiFID was introduced, claims a new study from research firm TABB Group.
Investment bank Credit Suisse has launched a local equities platform in the Middle East and hired several senior staff to its equities business in the Middle East and North Africa (MENA).
BATS Europe, the pan-European multilateral trading facility operated by US execution venue BATS Trading, is to launch in early November this year, Randy Williams, BATS Trading’s vice-president of sales and communications, told theTRADEnews.com.
FIX Protocol (FPL) has launched a new reduced-cost membership category that aims to encourage firms in emerging markets to become active FIX users by offering them the advantages of full membership.
The Securities and Exchange Commission, the US financial regulator, has increased its efforts to stamp out the deliberate spreading of false rumours to manipulate securities prices.
Asian equities brokerage BNP Paribas Securities Asia has executed the first full direct market access (DMA) order on the National Stock Exchange of India (NSE).
RTS Realtime Systems Group, a trading solutions provider, has established low-latency connectivity to LIFFE CONNECT, the electronic trading platform of the London-based derivatives exchange.
Knight Capital Group, the trade execution and asset management services provider, has acquired institutional fixed income broker-dealer Libertas Holdings.