People Moves Monday: Millennium, MFS Investment Management, Citi and more…
The past week saw moves across fixed income and equities, a head of markets appointment, a switch from the sell-side to the buy-side, and more…
News
New State Street research claims the lines between front- and back-office data are blurring
Survey of over 900 buy-side organisations shows back-office data being used for front-office commercial priorities, while a surprisingly small percentage see GenAI adding value to the back-office both now and in the future.
Fidelity Investments, Nasdaq Ventures, Robinhood among investors in Bruce Markets’ ATS
Capital is set to go towards Bruce Markets’ development of its overnight trading platform.
Tradeweb adds T-bill trading to ICD Portal
New offering is the first development ahead of future corporate treasurer workflow integration; launch follows Tradeweb’s acquisition of ICD in 2024.
RBC joins ICE Clear Credit as FCM clearing participant
The move makes the firm the first FCM with a Canadian parent company to join the credit default swaps clearinghouse.
Morgan Stanley sales trading specialist joins MFS Investment Management
Incoming individual had been with Morgan Stanley for 28 years.
Wedbush Securities integrates Rapid Addition’s platform to upgrade trading infrastructure
The collaboration will set the stage for further innovations including possible expansion into asset classes and workflows, according to the firm.
Marex taps Nomura for new head of Korea sales
Individual has more than 16 years of South Korean financial services experience and has previously worked at Citi and Lehman Brothers.
Blockchain-based Canton Network connects to Nasdaq Calypso
The use case has been used to demonstrate how institutional risk management may be enhanced through integrating on-chain capabilities.
Jefferies US equity sales trader joins Stifel
New appointment left Jefferies in March 2024 following a four-year stint with the firm.