Vadim Kotov, who spent five years with BNP Paribas earlier in his career, has joined Russia's BCS Global Markets as chief operations officer for the investment bank arm.
Now seen as the month that changed the world, Joe Parsons takes an in-depth look at how hedge funds and prime brokers responded to the economic crisis that ensued in March, and what the ‘new normal’ could for be the HF-PB relationship.
The first electronic invoice spread trade on Tradeweb was executed on the platform between Capula Investment Management with JP Morgan acting as the liquidity provider.
The Live Markets order book from MarketAxess has added Goldman Sachs as a dedicated market maker for US investment grade corporate bonds.
A hotel in the US became home to 50 Citadel Securities traders and their close family members at the end of March.
Known as Aiden, the AI-powered execution platform from RBC Capital Markets uses deep reinforcement learning techniques to adapt to market conditions.
Ititivi will deploy its multi-asset OMS to Hong Kong-based equity broker KGI Asia for high- and low-touch trading capabilities.
Various cuts have been made to the equities team at Citi as part of organisational changes.
Allegra Kawalerski will lead the eTrading desk in New York alongside a newly reorganised leadership team according to an internal memo seen by The TRADE.
Following extreme market conditions at the height of the COVID-19 crisis, David Whitehouse explores how algorithmic trading performed in comparison to other market-moving events, and find the human touch remains critical.