Goldman Sachs leads $51 million investment in ‘no-code’ software startup
US startup Unqork looks to help large institutions build complex software and applications, with Goldman Sachs, HSBC and Manulife among its customers.
Sell-Side
Kepler Cheuvreux implements execution analytics from big xyt
Agency broker Kepler Cheuvreux has bolstered its analytics with big xyt’s platform and transaction cost analysis.
Jefferies FX prime brokerage venture adds clearing members
The TrueFX clearing member network allows the buy-side to access liquidity from market makers without an intermediary.
Credit Suisse and Instinet go live with Paxos blockchain settlement system
In launching the service, the platform will allow for the simultaneous exchange of cash and securities between broker-dealers to settle US listed-equities trades.
UBS names ING chief as new CEO
Ralph Hamers has been with ING for more than 28 years, having led the institution as chief executive since 2013.
Barclays joins trading committee at Trumid following record activity
Trumid saw record activity on its platform last month, as Barclays joins advisory committee to collaborate on trading protocols.
Santander implements Bloomberg derivatives library for real-time pricing
Institutional clients at Santander will gain workflow from Bloomberg to trade and risk manage structured products.
HSBC to overhaul markets division in deep restructure
Equities sales and trading in Europe and the US fixed income division set for overhaul at HSBC as part of restructure plans.
Societe Generale and LBBW execute electronic Eurex/LCH basis swap trade with Wematch
Matching and negotiation platform Wematch said the transaction is the first to be negotiated on an electronic basis.
Citi promotes veteran to lead markets in Spain and Portugal
Miguel Gabian will oversee the markets and securities services business in Spain and Portugal at Citi in latest senior leadership appointment.