Research commissions and best execution are seeing increased scrutiny from regulators, and The TRADE, in association with Markit, would like to invite its readers to complete a short survey on the way they manage commissions and examine their trading performance.
Emergent financial technology group Algomi has started the year in the full glare of the media spotlight.
Espírito Santo Investment Bank’s head of corporate access has quit the bank to join the strategic corporate access team at Jefferies.
Bank of America’s Global Markets division saw sales and trading income fall by a fifth in the fourth quarter of 2014, according to results today, excluding accounting adjustments.
JP Morgan saw revenue from its fixed income markets operation plummet by 23% in the fourth quarter of 2014, compared to Q4 2013 because of lower income from credit and securitised products and the sale of two business units.
Mid-tier and specialist brokers have a critical long-term role serving the institutional buy-side, but only if they can adapt to the post-crisis era.
Citi’s head of EMEA execution sales (electronic trading) has left the group after five and a half years, The TRADE understands.
UBS Securities is to use Orc Group’s electronic execution technology to enhance its direct market access offering in Australia and Chicago.
Institutional block trading specialist Liquidnet will start outsourcing back-office services in its Asia Pacific business to BNP Paribas Securities Services this month to increase its efficiency.
BGC Partners has acquired the UK assets and subsidiaries of interdealer broker rival RP Martin, which specialises in European interest rate and foreign exchange trading.