People Moves Monday: Citi, Societe Generale, Cantor Fitzgerald and more…
The past week saw appointments across rates trading, equity capital markets, electronic execution services, equities sales and more.
News
Broadridge’s LTX integrates with fixed income trading connectivity provider MultiLynq to enhance its platform
Currently, more than 35 dealers and 90 asset managers operate on LTX’s AI-powered corporate bond trading platform.
People Moves
Citi bolsters rates trading team with spell of new hires
The incoming traders join the bank from JP Morgan, BNP Paribas, Morgan Stanley and Deutsche Bank according to an internal memo seen by The TRADE.
Citi makes minority investment in e-trading bond platform provider Cicada Technologies
The Greenwich-based fintech has an established presence in Mexico, having previously introduced an alternative trading system helping participants trade Mexican government fixed income securities electronically.
Regulation
The dark trading debacle – does anyone even care?
Following a last-minute decision from Brussels in March to plug an accidental regulatory loophole, Annabel Smith explores what might’ve happened if the European market was left with no caps on dark trading and whether the events signal a wider issue in the European regulatory machine.
Cantor Fitzgerald taps Credit Suisse for new co-head of EMEA electronic execution services
Individual spent two decades at Credit Suisse, most recently serving as EMEA head of program and electronic trading.
BMLL makes data lab available via AWS Marketplace
New development will offer participants improved access to data and analytics, helping them to achieve scalability, time to market and remote access.
Wematch.live bolsters global presence through appointment of head of equities sales for EMEA
New appointment brings over two decades experience, having held positions at JP Morgan, BlackRock, EquiLend and Sunrise’s Matchbox.
Singaporean investment manager New Silk Road outsources trading to Northern Trust
Trading will be provided to New Silk Road via Northern Trust’s Integrated Trading Solutions (ITS) “to help navigate cross-border trading challenges amidst a changing market structure in North America”.
Majority of buy-side firms set to stand firm on their research processes despite increased flexibility
More than half of asset managers also confirmed that recent updates to Mifid II unbundling rules remove operational barriers to charging clients for research, says Substantive Research.