Deutsche Bank begins prime brokerage migration process with BNP Paribas
The two firms agreed on a deal in principle in July as part of the German bank’s major restructuring and a complete withdrawal from equities trading,
The two firms agreed on a deal in principle in July as part of the German bank’s major restructuring and a complete withdrawal from equities trading,
Custodian follows up on BlackRock deal in April with integration of its custody and fund accounting data with most-used OMS in the market.
Wematch has 40 banks using its platform, having been part of FinTech programmes at both JP Morgan and Societe Generale.
Virtu Financial will bring its TCA to other asset classes as it looks to offer multi-asset analytics to clients.
FINRA has said JP Morgan filed allegations of misconduct of its employees up to two years later than required 89 times.
Numis Securities has signed a multi-year contract with Torstone Technology to overhaul its post-trade equities operations.
The CFTC said that Tullett Prebon’s voice brokers made false or misleading statements to clients related to certain trades, bids and offers in US dollar interest rate swaps.
Panel of major banks at TradeTech FX agree the sell-side have changed the mentality around new product development, as the buy-side seeks increased automation and integration.
BNP Paribas takes a leaf out of Silicon Valley’s book with a Siri-style digital trading assistant, which is launching alongside real-time market analytics and interactive algorithms as part of major upgrade to the bank’s Cortex FX trading platform.
QuantHouse has expanded its API Ecosystem with market data from the Goldman Sachs SIGMA X MTF, including indicative auction quotes.