Swiss investment bank UBS has hired six senior executives to its US equities business. The new appointments span the sales and trading, equity sales and quantitative strategy groups.
SWIFT, a financial messaging cooperative, is to join forces with six major prime brokers to develop and operate a centralised pre-settlement matching solution for equity and fixed-income trades originated by hedge funds.
The Tokyo Stock Exchange (TSE) has outlined plans for improvements to its trading platform following a malfunction to its derivatives order book information distribution system last month.
Buy-side institutions are looking to add more technical expertise to their trading teams as the use of electronic trading tools grows, according to a new study by investment research and consulting firm Investit.
Electronic trading solutions provider Trayport has signed a five-year agreement to provide its GlobalVision exchange trading system to Romania’s Sibiu Monetary Financial and Commodities Exchange (SIBEX).
NYFIX, a trading solutions provider, has connected its NYFIX Marketplace trading platform to Market Liquidity Hub (MLH), a trading platform provided by Tokyo-based FIX connectivity provider MetaBit.
BATS Europe, a pan-European multilateral trading facility (MTF) being set up by US trading platform operator BATS Trading, has hired heads of infrastructure, sales, compliance and finance.