Barclays’ reinvestment will see the launch of new SOR and algo platforms, with a recent SOR upgrade producing a 10% increase in hit rates.
Index tracking top investment banks found headcount was down in the third quarter this year, with equities suffering the biggest decline.
Equities sales and trading team in Asia at Deutsche Bank undergoes reshuffle following global equities strategy.
Chinese A-Shares go live on MSCI Emerging Markets Index after three years of rebuffs.
INTL FCStone is the first firm to establish a European equities desk since the implementation of MiFID II regime.
Overall headcount at Deutsche Bank will be slashed by more than 7,000 by the end of the year, with a 25% reduction in equities sales and trading.
Richard Bateson will oversee the development of new cash equities block trading platform launched with Plato Partnership.
Tradeweb and Plato Partnership to launch European cash equities block trading platform later this year.
Barclays names new global head of exotics and head of derivatives for equities in latest hire from Credit Suisse.