People Moves Monday: SSGA, Citi, Clear Street and more…
The past week saw appointments across the C-suite, equities, program trading, and multi-strategy.
The past week saw appointments across the C-suite, equities, program trading, and multi-strategy.
Reduction in clearing margin a key challenge for custodians, while European firms report most significant impact of T+1.
Incoming individual has previously worked at Citadel and BlackRock.
Individual has most recently spent the last eight years with Citi and also previously served at Royal Bank of Scotland, Deutsche Bank, Bloomberg and State Street.
With clear distinctions in volumes across the UK and EU when compared to the US, Wesley Bray explores the evolving use of ETFs, reasons behind regional disparities, what can be learned from the US and how innovation can help bolster trading volumes.
The past week saw major departures and appointments across the C-suite, equity sales trading and strategy.
Individual has been a permanent member of staff at Citi for eight and a half years after conducting two internships at the bank in its markets division in 2013 and 2014.
The TRADE sits down with Chris Gooch, head of ETF/index sales and business development, EMEA at Citi, to discuss the evolution of ETFs, disparities in volumes in the US versus the UK and EU, and lessons that can be learnt from across the pond.
Experts agree the big tests for T+1 after a promising start are public holidays, market volatility and index rebalances, with a big one arriving today.
The drama around cut-offs at CLS and custodians prior to the T+1 implementation had many believing the FX market would alter drastically, but so far, it’s business as usual over the first three weeks of the shortened settlement cycle as the first big public holiday – and major test – approaches.