JP Morgan becomes first US investment bank to register as a systematic internaliser for all non-equity instruments.
Thomas Gibbons has been appointed CEO of BNY Mellon’s new clearing, markets and client management business amid mass restructure.
Traders found to have used chat rooms to share customer information and engaged in illegal front running activities between 2008 and 2015.
Global markets division sees revenues decrease 7% as low levels of volatility hits client activity.
Virtu Financial in Ireland will register as an SI in Europe next year.
Low levels of volatility blamed for poor performance of investment banking business.
JP Morgan signs multi-year deal with AI company Mosaic in a bid to improve analytics across fixed income.
Trading Technologies’ platform will be available to Societe Generale’s derivatives trading clients around the world.
Chief financial officer, Marty Chavez, says differentiated content, scale and global reach are now critically important ahead of MiFID II.
The majority of brokers do not provide the buy-side with full order routing transparency. Hayley McDowell asks whether the buy-side should be probing their brokers to find out where unfilled orders are being sent.