The acquisition marks the first overseas buy-side takeover for Japan’s Sumitomo Mitsui Financial Group.
Deutsche Bank expects activity on China’s Bond Connect to increase, forecasting a further $120 billion flow into onshore bonds in the next few years.
An analysis from TABB Group has found dark trading volumes are the highest since MiFID II was introduced, despite summer slowdown.
Real-time data from Refinitiv Elektron platform will be accessible to clients in Asia-Pacific region through the Amazon Web Services cloud service.
Dublin will be R3’s second European office and is set to open in 2020 as part of the vendor’s rapid expansion plans.
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
Cboe Europe will introduce a 45-minute post-close trading session in August, and it will be free to use until the end of the year.
Curt Engler will oversee the regional cash equities execution business in Asia Pacific after nine years with JP Morgan Asset Management.
The new global options trading desk will sit within Northern Trust's institutional brokerage business.
Simon Prangnell has been appointed managing director of France at RJ O’Brien as the firm prepares to launch new business in Paris.