News

John Matthews quits BGI to run client service at ABN Amro Mellon

ABN AMRO Mellon Global Securities Services says it has appointed John Matthews as Securities Lending Client Service Manager. Matthews joins the bank from BGI, where he was Product Manager, Fixed Income Lending, and will report to Mark Tidy, Securities Lending Product Manager.

David Cantillon to head European prime brokerage at Morgan Stanley

David Cantillon has left Goldman Sachs to join Morgan Stanley in London as a Managing Director and Head of European Prime Brokerage. Cantillon joins Morgan Stanley from Goldman Sachs where he worked for 12 years, most recently as head of Prime Brokerage Sales in Europe. In this role, he was responsible for business development and sales of prime brokerage and swaps products to hedge funds. Between 1998 and 2004, Cantillon was Head of European Convertible Bonds at Goldman Sachs.

Chris Dearie to head data feeds business at Tullett Prebon

Tullett Prebon Information says Chris Dearie has been apppointed as Head of its Global Direct Feeds service. Dearie is charged with driving Tullett Prebon's Direct Feeds product, which ams to deliver independent OTC market data.

John Matthews quits BGI to run client service at ABN Amro Mellon(2)

ABN AMRO Mellon Global Securities Services says it has appointed John Matthews as Securities Lending Client Service Manager. Matthews joins the bank from BGI, where he was Product Manager, Fixed Income Lending, and will report to Mark Tidy, Securities Lending Product Manager.

Nord Pool power exchange to buy more energy trading and clearing technology from OMX

Nordic exchange group OMX and Nord Pool, the Nordic power exchange, have signed an agreement to extend their existing collaboration on trading and clearing technology. OMX will provide a single platform for trading and clearing. The agreement is valid until 2015 and includes support and operation of the integrated system, which will be used for the energy derivatives market.

Reuters Gains eight new clients for Kondor+ platform in Europe

Reuters Trade and Risk Management division says it has signed up eight new clients in Europe for its Kondor+ platform, which includes pre-trade analytics, risk management and compliance reporting, and post-trade settlement functionality. It covers the full range of financial instruments from bonds and equities to exotic derivatives and structured products.

Credit derivatives trade processing firm T-Zero hires George Harrington as COO

Credit derivatives trade matching and processing services provider T-Zero has hired George Harrington as Chief Operating Officer. Launched in the summer of 2005, T-Zero claims to have gained strong momentum over the past year as an increasing number of dealers, buy-side market participants and prime brokers sign on for the service. The company claims to have experienced a 338% growth rate in the second half of 2006 compared to the first have of the year.

Nomura Securities International buys derivatives DMA platform from Patsystems

Patsystems says Nomura Securities International, Inc. in the US has bought its complete trading platform, including the Pro-Mark front-end for high-volume professional traders. Also in the initial phase, Patsystems will provide Nomura with access to CME (Chicago Mercantile Exchange), CBOT (Chicago Board of Trade), Euronext.liffe and Eurex. This contract follows Patystems' announcement, earlier this month, of a contract signed with US-based Midas Securities to provide Midas with front-end trading systems.