Multi-dealer trading platform from Citi and Bank of America will initially support CLOs and syndicated loans as both banks look to address challenges in fixed income markets.
Sandeep Arora becomes chief investment officer and head of digital for the institutional clients group at Citi after over 30 years with the bank, according to an internal memo.
John Lowrey has left the US investment bank after over five years as global head of electronic markets to start up a consulting firm, The TRADE understands.
ICE Clear Credit launched its clearing services for CDS index options last year and expects to add options on iTraxx instruments to its offering in 2021.
Conor Davis will become head of investor sales and relationship management at Citi after nearly 14 years at the firm, according to an internal memo.
Christian Keller has become head of the markets and securities services division at Citi for Germany and Austria after more than 10 years with the bank.
New futures algo platform at Citi includes TWAP, VWAP, Close algos and smart order types, as well as the flagship Arrival implementation shortfall strategy.
John Macpherson becomes senior advisor at PremiaLab following senior derivatives roles at JP Morgan, Goldman Sachs, Nomura and Citi.
Banks laud new collateral and securities lending platform which is looking to transform the way assets are mobilised.
Lucy Baldwin joins Citi as global head of markets research after fifteen years with Credit Suisse, Bank of America Merill Lynch, and Goldman Sachs, according to an internal memo seen by The TRADE.