Deutsche Bank expects activity on China’s Bond Connect to increase, forecasting a further $120 billion flow into onshore bonds in the next few years.
Goldman Sachs European equity trading head says the bank will adopt AI models more broadly across its equities trading division following investment.
Prime brokers are stepping up their due diligence of hedge funds, becoming more forensic when looking to bring a hedge fund onto their balance sheet.
Joe Passaro has spent that past 12 years with Deutsche Bank in various equity capital markets roles.
The newly formed group is led by Roman Schmidt, who took over the FICC business at Commerzbank earlier this year.
Interdealer broker Tradition is looking to expand FX data services due to increased client demand.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
After launching its machine learning-based FX algo trading tool in April, JP Morgan says it is looking to increase adoption of the technology in FX.
Virtu Financial will target the buy-side with an outsourced trading desk and will bring the ITG Triton EMS to FX markets.
Morgan Stanley came first for commissions, while the combined Virtu/ITG algos are considered top by investment firms.