Series C funding round led by Wells Fargo and including existing investors brings OpenFin funding to $40 million to date.
European Commission has fined Barclays, RBS, Citigroup, JP Morgan and MUFG a total of €1.07 million for involvement in FX trading cartel.
Ken Brown, formerly head of global finance for EMEA at Nomura, joined Barclays today as chairman of equity capital markets for Europe and the Middle East.
Barclays has increased its efforts over the past year to reinvest in its electronic trading business with new services and features.
Tim Throsby leaves Barclays investment bank role less than two years after joining from JP Morgan.
SIX Swiss Exchange has added Barclays Bank Ireland as its first new trading member in 2019.
Speakers at TradeTech FX USA told delegates that traders would be empowered if ‘in-flight’ TCA could flag when trades aren’t going as planned.
The Japan Securities Clearing Corporation granted Barclays clearing authorisation in November as it looks to expand its clearing business and presence in Asia.
Barclays’ reinvestment will see the launch of new SOR and algo platforms, with a recent SOR upgrade producing a 10% increase in hit rates.
With 20 years’ experience in the industry, Alex Shterenberg has also worked at UBS and at JP Morgan where he was global head of FX execution services.