FINRA has fined Interactive Brokers for failing to comply with short selling rules between 2012 and 2015.
Goldman Sachs engineer will look to implement artificial intelligence and machine learning technologies on trading platforms.
TransFICC has secured a strategic investment from Citi and has become the first external company to join its Innovation Lab in London.
The US regulator says that Citi traders mismarked illiquid positions in proprietary accounts they managed, leading to $81 million loss.
Brian Jensen, head of corporate credit trading in Europe at Commerzbank, has joined TD Securities and will build out its credit business.
Morgan Stanley has appointed a new head of cross divisional programs group to oversee the bank's large and complex programs in technology.
This year has seen some of the biggest deals inked between major players, shaking up the market structure and bringing with it a potentially huge impact on the future of trading. The TRADE reviews the mergers and takeovers that are already causing a stir in the industry.
ITG said in its second quarter earnings report that the SEC is investigating POSIT and could hand the broker a $12 million fine.
ABN AMRO says 250 jobs within corporate and investment banking will be cut to reduce costs across the struggling business.
Chris Marsh left Credit Suisse last week after 18 years, but will join UBS as global head of electronic trading in October.