The firms include Goldman Sachs, JP Morgan, TD Securities, Morgan Stanley and Bank of America; integration is set to provide increased choice and liquidity provision for buy-side clients across fixed income markets.
Investment bank completes its first intraday FX swaps on the Finteum platform, as rising participation pushes weekly volumes past $1 billion.
While market volatility can present opportunities to the equities industry, panellists at the Equities Leaders Summit in Miami indicated that market participants should err on the side of caution when it comes to liquidity access methods such as private rooms during these times.
Individual has also previously worked at ITG, Societe Generale and Amplion Asset Management.
The change will become effective on 1 November 2025, The TRADE understands.
Eight financial institutions have already joined the model, including Goldman Sachs, JP Morgan, Jane Street and Morgan Stanley.
Individuals join from RBC and Jefferies and have 35 years of experience between them.
Individual previously worked across various roles at Goldman Sachs and is set to help drive the growth of the Sui blockchain in his new position.
Individual has worked in emerging markets for five years and has previously served at Goldman Sachs and Bank of America Merrill Lynch.
Individual joins following a 20-year tenure at the firm and succeeds the current interim chief executive, effective immediately.