JP Morgan’s fixed income market structure head departs for role at BNY Mellon
With more than 20 years experience James Taylor joins BNY Mellon as head of FX electronic markets sales.
Sell-Side
ITG to launch POSIT auction in Europe
New POSIT auction service will launch later this year and it was designed in response to MiFID II’s trading caps.
Citi taps Morgan Stanley for futures clearing and collateral sales head
Jason Massey worked as an executive director for listed derivatives sales at Morgan Stanley for more than seven years.
Instinet makes second liquidity streaming agreement with Sun Trading
Liquidity streaming agreement follows similar partnership with Virtu Financial earlier this year.
Deutsche promotes head of equities to Americas chief
Tom Patrick joined Deutsche Bank in 2012 and previously worked at Bank of America Merrill Lynch for 18 years.
Barclays hires global head of equities from Credit Suisse
Stephen Dainton was previously co-head of global markets at Credit Suisse and was with the bank since 2003.
Virtu slashes KCG staff by more than a third
Virtu has trimmed headcount and shut down unprofitable businesses following its $1.4 billion KCG takeover.
Citi tops swaps clearing ranks for H1 2017
CFTC data of clearing banks showed Citi held almost $18 billion in client margin for swaps clearing as of 30 June.
RBC hires ex-Goldmans man to FICC electronic sales
RBC poaches Kaminsky from Goldmans’ troubled FICC business.
Deutsche Bank plays ‘catch up’ with investment in trading tech
John Cryan said bank must accelerate technology investments to support sales and trading in equities, following a difficult second quarter this year.