The Big Interview: Peter Maragos
The chief executive of Dash Financial, Peter Maragos, discusses targeting growth in the US equities market and gives his views on the importance of order routing transparency, as well as the rebate debate.
Americas
Nasdaq launches exchange for US corporate bonds
Nasdaq US corporate bonds exchange launches after receiving SEC approval last month.
Liquidnet appoints Canada head from Morgan Stanley
Jay Lee has been an executive director at US investment bank Morgan Stanley for the past eight years.
LCH gains approval to act as CCP in Mexico
Banco de México grants approval for LCH to act as CCP for Mexican-domiciled market participants.
Susan Gilbertson appointed Mizuho Americas director of US equity research
Former Jefferies director to lead equity research in Americas for Japanese banking group.
House passes roll-back of Dodd-Frank
Legislation passes lower house but Senate is unlikely to approve.
ITG pays $24 million to settle despository receipt case
Broker failed to ensure receipts were backed by foreign shares.
Cowen makes senior hires for electronic trading
Hires of former Goldmans and Deutsche traders to boost Cowen’s electronic trading.
Trump appoints HFT trader to head up US Army
Founder of Virtu, who formerly served in the US Army, will join US government in January.
Deutsche Bank hit with $37 million fine for dark pool routing
Bank settles after failing to act to resolve faulty order router.