Research unbundling crosses the Atlantic as US asset managers embrace change
TABB Group report finds large US equity asset managers are increasingly turning to research unbundling for cost savings and focus on best execution.
Americas
Citi’s co-head of Americas prime finance departs
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
Northern Trust launches new global options trading desk
The new global options trading desk will sit within Northern Trust's institutional brokerage business.
Miami International to launch cash equities exchange
US equity options exchange group announces new plans for cash equities exchange slated to launched in Q2 2020.
Former SEC commissioner joins board of directors at IEX
Kara Stein to join IEX board of directors after completion of term as SEC commissioner in January.
Deutsche Bank taps Nasdaq to power new US Single Dealer platform
Nasdaq to provide technology, services to underpin new platform for Deutsche Bank.
TradingScreen expands to Canada with new Montréal development centre
TradingScreen’s Montreal operations will work in cooperation with its existing development teams in New York, London and Tokyo.
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.
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.