Banks hail ‘golden age’ in FX amid evolving buy-side relationships
Panel of major banks at TradeTech FX agree the sell-side have changed the mentality around new product development, as the buy-side seeks increased automation and integration.
Panel of major banks at TradeTech FX agree the sell-side have changed the mentality around new product development, as the buy-side seeks increased automation and integration.
The deal is a major coup for Trading Technologies, which has invested heavily in expanding its offerings in recent years.
Tradefeedr, founded by former hedge fund managers, has launched its data analytics platform with Goldman Sachs, UBS and XTX Markets.
QuantHouse has expanded its API Ecosystem with market data from the Goldman Sachs SIGMA X MTF, including indicative auction quotes.
After 19 years, Goldman Sachs veteran Martin Chavez will retire at the end of the year.
Henry Howell has been with Goldman Sachs for 16 years, but has departed for a business development role at London-based hedge fund Eisler Capital.
Goldman Sachs European equity trading head says the bank will adopt AI models more broadly across its equities trading division following investment.
Morgan Stanley came first for commissions, while the combined Virtu/ITG algos are considered top by investment firms.
Same-day FX settlement service CLSNow has gone live with JP Morgan and Goldman Sachs among the first to use the platform.
Speakers from Goldman Sachs, Tradeweb and MarketAxess detailed how their organisations are using automation to enhance efficiencies and outcomes for the fixed income markets.