Markets head for Citigroup Global Markets Europe (CGME) will be Paris-based in line with Citi’s plans to make the new floor its main trading hub for Europe, the TRADE can reveal.
New strategic advisor previously served at Goldman Sachs, NYSE Euronext, the ICE Benchmark Administration and ICE Clear Europe.
The now formally launched division, Jump Crypto, will be headed up by Jump Trading’s former director of strategic initiatives for digital assets.
New crypto lead formerly founded the crypto asset trading division at CMT Capital Markets Trading, CMT Digital.
Hires will be responsible for driving new client acquisition for TORA’s software solutions as well as helping provide software and workflow solutions to global institutional investors.
Ray Bencheikh joins BGC’s Fenics Market Data division to lead data operations globally after previously working at CME, NEX Group and ICAP.
Headcount in cash equity teams has been falling at investment banks and some institutions such as Deutsche and Macquarie pulled out of covering equity markets in recent years.
Event desks are recruiting ahead of an anticipated uptick in UK M&A deals, with the UK seeing more than $300bn worth of deals to June 2021 on a rolling 12-month basis, according to Citi research.
Incoming heads bring decades of experience to LTX and will help accelerate the digitisation of corporate bond trading.
Newly promoted co-heads of local markets trading have been with Citi for nearly 60 years collectively, The TRADE can reveal.