Ex-Barclays MD joins HSBC as head of equities sales trading for Americas
New appointment previously held similar roles for both EMEA and the Americas at Barclays and Goldman Sachs.
New appointment previously held similar roles for both EMEA and the Americas at Barclays and Goldman Sachs.
The transaction involved using HK$-denominated bonds as collateral from the largest digital bond issuance globally and is expected to help build liquidity for digital bonds.
The solution aims to empower clients through operational efficiency and a significant reduction in settlement costs.
ADX’s investment product knowledge and HSBC’s investment banking and blockchain capabilities will be leveraged to broaden the Middle East’s capital market use cases.
The past week saw appointments from Tourmaline Partners and BrokerTec, alongside departures from HSBC and RBC.
His departure comes as Edward J Achtner is appointed to lead HSBC's newly consolidated Office of Applied Artificial Intelligence (OAAI).
The parties in question have now been invited to make representations to the Competition and Markets Authority (CMA) before a final ruling is made.
New service is available via HSBC’s execution platform Evolve, third-party platforms or directly through an API.
New programme initially launches with a Northbound channel, offering Hong Kong and international investors access to Mainland China’s interbank interest rate swap markets.
Artificial intelligence and machine learning will play a role in the future of the trading desk, but experts put the brakes on a broad application, citing concerns around potential misuse, explainability to stakeholders and appropriate in-house expertise.