Clear Street secures Mifid II license for Netherlands expansion
The authorisation – granted by the Netherlands Authority for the Financial Markets (AFM) – complements the firm’s ongoing expansion in Europe, and existing UK operations.
The authorisation – granted by the Netherlands Authority for the Financial Markets (AFM) – complements the firm’s ongoing expansion in Europe, and existing UK operations.
New hire will be based out of Dubai, and has also previously served in trading-related and senior positions at firms including Mirabaud Group, HSBC and Natixis.
Paris-based hire is the fourth high touch sales trader to join the firm this year; she previously served at UBS as a cross asset execution trader.
New hire is set to support the bank’s buildout of its credit trading offering in this region; has also previously served at firms including BNP Paribas and Goldman Sachs.
New appointment is set to strengthen and scale the firm’s low touch offering, Kepler Cheuvreux global head of execution services and trading tells The TRADE; hire joins from Berenberg where he spent more than six years in various electronic trading positions.
As prediction markets continue to garner significant traction across everything from sports to politics, the concept is now entering the radar of institutional trading. Natasha Cocksedge explores the up-and-coming sector to question whether it is truly about ‘buying into the future’ and where the line between trading and gambling is drawn.
As part of the launch, the firm has brought in two ex-Argentex Group hires to lead dealing and portfolio solutions on the desk; move comes amid “greater complexity around foreign exchange and interest rate risk throughout the investment lifecycle,” Marex tells The TRADE.
Paris-based new hire is set to support the firm’s expansion of its execution strategy.
The upgrade will come into effect in May 2027, and is expected to enhance both institutional investor participation in Greek capital markets, as well as the international positioning of the Athens Stock Exchange.
Move is set to enable multilateral netting across FX transactions, and marks an expansion of CLS’ PvP settlement offering.