Commerzbank creates new capital markets division incorporating FICC
The newly formed group is led by Roman Schmidt, who took over the FICC business at Commerzbank earlier this year.
The newly formed group is led by Roman Schmidt, who took over the FICC business at Commerzbank earlier this year.
Interdealer broker Tradition is looking to expand FX data services due to increased client demand.
The new dealing services will enable distribution of Irish UCITS ETFs to the Asia-Pacific and Latin America regions.
After launching its machine learning-based FX algo trading tool in April, JP Morgan says it is looking to increase adoption of the technology in FX.
Virtu Financial will target the buy-side with an outsourced trading desk and will bring the ITG Triton EMS to FX markets.
Morgan Stanley came first for commissions, while the combined Virtu/ITG algos are considered top by investment firms.
Daniel Tenengauzer joins BNY Mellon after more than three years with New York-based hedge fund Tse Capital Management.
Seema Arora joins Instinet after 10 years with Kepler Cheuvreux and has previously worked at JP Morgan.
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
Credit Suisse has added new technology and reshuffled senior leadership to the algorithmic trading division as it looks to regain market share.