INTL FCStone continues prime brokerage push with new hires
INTL FCStone expanded into the US prime services market at the back-end of last year after it brought on three former senior executives at Cowen Group.
Sell-Side
Interactive Brokers founder and CEO to step down later this year
Malin Galik will succeed Thomas Peterffy as CEO of the company in the third quarter this year.
Major US institutions to rival NYSE and Nasdaq with launch of ‘low-cost’ exchange
Morgan Stanley, Virtu Financial, Citadel Securities, UBS and Fidelity Investments are among the firms looking to establish a low-cost, transparent equities exchange.
PwC crypto lead expects “many more” big banks to enter market in 2019
PwC Hong Kong crypto lead expects more participants in the cryptocurrency space this year despite ongoing bear market and widespread regulatory concerns.
RSRCHXchange adds sell-side firms to research provider programme
ABN Amro, Liberum, Peel Hunt and Numis are among the sell-side research providers to join the programme launched by RSRCHXchange.
Citadel Securities, Natixis & MUFG fined $6 million for blue sheet data failures
Broker-dealers have been fined a combined $6 million for submitting inaccurate blue sheet data to the Securities and Exchange Commission.
BNY Mellon revamps ETF order taking
BNY Mellon has integrated Bloomberg BSKT and introduced a global standard for transmitting orders via its electronic messaging service.
Societe Generale to establish clearing base in Paris
As Brexit looms, Societe Generale is to open a new base in Paris for clearing of derivatives and OTC products by the end of the year.
The Big Interview: Jos Dijsselhof
After departing Euronext to talk up the mantle of chief executive of SIX at the start of 2018, Jos Djisselhof talks to The TRADE about how the first year of his stewardship of SIX has played out, reorganising the business and why the SIX Digital Exchange could be a game-changer for the industry.
UBS agrees to act as intermediary on Cboe FX
UBS will act as intermediary for smaller firms with limited bilateral credit and relationships on Cboe FX.