CME Group has cleared the first interest rate swaptions trade, with more banks looking to onboard.
The investment bank is embarking on a cost-cutting programme across Europe, involving trading, sales and operations units.
Further details of the cuts at Nomura are slowly emerging ahead of an official announcement at the end of the month.
Bank of Singapore will buy Wealth and Investment Management business as Barclays continues to offload non-core divisions and reduce Asian presence.
Piers Murray will join as chief operating officer for BNY Mellon's markets division.
Former executives caught reaping millions of dollars of illicit profits from bank’s transition management business.
Commerzbank's Abrahams left the bank in March, the TRADE Derivatives understands.
JP Morgan confirms a new management line-up for its global equities management team.
Catch liquidity seeking algo aims to take strengths of market making business and offer them to buy-side clients.
ITG rehires Andrew Larkin from Bloomberg to head up client coverage for POSIT Alert block trading.