MiFID II unbundling and best execution reporting requirements will be scaled back under new recovery package from the European Commission.
New digital sandbox from the FCA and City of London Corporation will look to support firms that are key to the recovery from the coronavirus pandemic.
Matthew Larson, most recently CFO of the Americas business and global markets division at Barclays, joins Jefferies as chief financial officer.
The latest figures from Hedge Fund Research have revealed that new hedge fund launches declined to the lowest quarterly estimate since the fourth quarter in 2008.
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.
Austria, Belgium, France, Greece, Italy and Spain have decided not to renew bans on short selling after restrictions were put in place in March.
Free trading initiative from BTIG is aimed at charitable, state and union pension funds, as well as medical and educational endowments and emergency services benefit programs.
The US watchdog has extended a delay for broker-dealers reporting to the CAT after system officially went live earlier this month.
The global pandemic is likely to cause a spike in outsourcing and according to custodian banks the biggest trend so far has been towards their outsourced trading services.