People Moves Monday: BNY, Cboe and Tourmaline
This past week saw several significant moves across the sell-side, outsourced trading, and trading venues.
This past week saw several significant moves across the sell-side, outsourced trading, and trading venues.
New global equities head and COO in the US, and a new lead for Europe as industry stalwart departs the business.
The new offering will allow the options to be traded at nearly 24 hours a day, five days a week, to enhance US equity market exposure for global investors.
The decision reflects the firm’s “global strategic shift”; Cboe will work alongside regulators and customers to ensure a smooth transition of the businesses.
The contracts are scheduled to go live in Q1 2026 and follows strong adoption of FLEX options in the US since the products were launched in the region in 1993.
The contracts will be offered on Cboe Futures Exchange (CFE), with launch scheduled for 10 November 2025.
Currently, the committee is made up of 11 members, including representatives from BlackRock, Deutsche Börse, Norges Bank, BNP Paribas, Bloomberg, and others.
The past week saw moves across distressed trading, equities, fixed income, and more…
The move will see the expansion of the current global head of derivatives and chief operating officer roles to drive growth for Cboe’s data vantage business.
The past week saw appointments across electronic execution, cash equities, chief executive positions and trading strategy.