People Moves Monday: Your weekly round up
The past week saw an appointment from FairXchange, along with departures from Jefferies, OSTC and Liquidnet.
The past week saw an appointment from FairXchange, along with departures from Jefferies, OSTC and Liquidnet.
Former head of US outsourced trading previously served at Fidelity Capital Markets, Kensico Capital Management and Tourmaline before joining Jefferies.
Jefferies’ head of electronic and program trading for EMEA, Ben Springett, tells The TRADE that increasingly large firms are unintentionally competing with themselves.
New agreement looks to help Jefferies improve development, operational efficiencies and reduce costs by migrating IT infrastructure to the cloud.
The bank is scaling back its FX prime brokerage business as the pair confirm their departure on social media.
New head of equity execution services for continental Europe has previously served across JP Morgan, UniCredit, Nomura Securities and Morgan Stanley in equity sales roles.
Among the appointments is a new vice chairman for UK investment banking and a new head of EMEA financial institutions group (FIG) debt capital markets.
Ben Springett, European head of electronic and program trading at Jefferies, tells The TRADE about new algo strategies the bank has rolled out and the impact the market volatility in 2020 has had on the ELP SI landscape.
Through the collaboration, Jefferies will use the attributed trading protocol from Trumid to provide liquidity to its institutional clients.
The expanded agreement with Tier 1 will increase the number of licenses at Jefferies by 50%, bolstering its client-first approach to relationship management tools.