Tag: brokerage

Specialisation, not consolidation, is the more likely outcome of the evolutions currently taking place among both buy- and sell-side firms, attendees of TradeTech were told this morning.

A former ConvergEx trader has pleaded guilty to one count of conspiracy to falsify the books and records of a broker-dealer.

Olivetree Group, owner of agency broker Olivetree Financial, is demerging its technology and data analytics business from OTAS Technologies, it has announced.

Chris Jackson will take responsibility for setting strategy of Liquidnet’s European trading desk and algorithmic services group, the institutional block trading network has confirmed.

Futures brokerage RJ O’Brien has acquired European derivatives clearing agent The Kyte Group from GFI Group, which decided the firm was not part of its “long-term strategic plan”.

Former head of EMEA execution sales at Citi, Chris Jackson, has joined Liquidnet, The TRADE understands.

The International Organization of Securities Commissions and the Financial Stability Board have laid out its methodology for identifying non-bank non-insurer global systemically important financial institutions.

The Bank of England should increase its focus on how to create more liquid markets to improve their resilience, according to interdealer broker ICAP.

Buy-side commission budgets have begun to stabilise, but brokers cannot rest on their laurels and expect to maintain their market share, according to research from Woodbine Associates.

European national regulators must do more to ensure best execution is adequately supervised and practiced among regulated firm, a report from the European Securities and Markets Authority has said.