Firms are at risk of fines for MiFID II transaction reporting failures, as almost 70% state they have received no feedback at all from regulators on submissions.
Pimco will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
Citi has deployed Rapid Addition’s Hub and FIX engine to bolster pricing technology for clients in London, Tokyo, New York and Singapore.
Andreas Mitschke replaces Michael Zollweg, who has led the trading surveillance office at Deutsche Börse for 20 years.
Platometrics provides market data on European equities, including a view of liquidity across venues, order fill rates and intraday volatility.
Andrew Webber joins XTX Markets after just over two years with investment bank BNP Paribas.
Sam Docherty has spent the past 15 years with Deutsche Bank as an equities sales trader, and joins Sova Capital as director of CEEMA sales trading.
Benchmark administrators could be in-scope of the senior managers regime late next year, as the FCA launches consultation on proposal.
Legal & General will use the cloud-based system from Charles River for its global trading operations.
Pershing has recruited two new sales directors who will be tasked to support its ambitious growth strategy for Europe.