Brokers step up in COVID-19 crisis as traders rate execution coverage
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.
Jefferies, Morgan Stanley, Goldman Sachs, JP Morgan, Citi and Bank of America were considered ‘standout dealers’ by US buy-side traders.
Following the removal of live interaction within teams, systems being stretched and the ensuing market turbulence, among multiple other factors, Hayley McDowell finds traders could be more error prone and risk vulnerable.
FX prime brokerage venture between Jefferies and Integral has completed its first trades after launching the TrueFX platform in November.
Longstanding financial chief at Jefferies and industry veteran Peg Broadbent died following complications with coronavirus.
The TrueFX clearing member network allows the buy-side to access liquidity from market makers without an intermediary.
BTIG launched its London-based fixed income credit division earlier this year as it expands services across Europe.
TrueFX from Jefferies and Integral aims to reduce costs for the buy-side by combining trading, technology and credit services into a single product.
Former long-standing chief executive of CLSA Jonathan Sloane has been named chairman of Asia at Jefferies.
Former Jefferies head of international equities to oversee regional expansion of analytics vendor.
oneZero adds Jefferies to network of brokers, prime brokers and hedge funds providing liquidity through its EcoSystem.