Chris McConville, global head of platform licensing at UBS, becomes chair of the sell-side for not-for-profit Plato Partnership.
FlexTrade welcomes Chinese-based financial group migrating from Bloomberg SSEOMS to FlexOMS.
Northern Trust will be responsible for equity and fixed income trading, as well as, middle office trade settlement support for the $12 billion asset management firm.
Banks laud new collateral and securities lending platform which is looking to transform the way assets are mobilised.
The bank invested in Cobalt in July last year following its announcement that it had become a client of the platform’s shared ledger technology in February.
Cowen names new managing director of fixed income outsourced trading, snapping up MUFG credit executive.
Lucy Baldwin joins Citi as global head of markets research after fifteen years with Credit Suisse, Bank of America Merill Lynch, and Goldman Sachs, according to an internal memo seen by The TRADE.
Stephane About joins Societe Generale as chief executive of the Americas business after nearly ten years at Natixis.
Short-selling bans, lower market volumes, and depressed fees result in an 11% drop in securities finance revenues during 2020.
Despite the market turmoil in 2020, the COVID-19 pandemic does not appear to have strained prime broker and hedge fund relationships.