Sell-Side

Combined data and analytics and post-trade business at TP ICAP, Parameta Solutions, will provide clients with OTC proprietary data, benchmarks, and indices.

The new single dealer platform allows brokers such as Barclays to provide liquidity directly to US institutional clients trading in US equities.

Pure Digital has entered into a technology agreement where State Street Currenex will provide trading infrastructure for its upcoming digital asset platform. 

Peter Ward, global head of futures and options electronic execution at JP Morgan, tells Hayley McDowell that buy-side adoption of its reinforcement learning FICC futures algorithms has surged in recent years, accelerated by the market volatility in 2020.

The exercise between Credit Suisse and Nomura's Instinet demonstrated the ability for firms to execute and settle US equities trades conducted throughout the day. 

Sameer Jain joins Nomura as wholesale chief information officer after nearly 30 years at Barclays and UBS in senior technology focused roles.  

The sale of Lyxor Asset Management will boost Amundi as a leader in European ETFs and conclude the major restructure programme at Societe Generale.

The new base at Optiver will focus on derivatives trading in commodity and equity products on Singaporean and global exchanges.

Alongside the losses for the first quarter of 2021, the Swiss bank also announced that two executives had stepped down and that it would be slashing executive bonuses.

As well as FX trading, Barclays has rolled out its new implementation shortfall algorithm known as Gator Adapt to manage slippage.