Major banks fined over €1 billion for role in FX trading cartel
European Commission has fined Barclays, RBS, Citigroup, JP Morgan and MUFG a total of €1.07 million for involvement in FX trading cartel.
Tag: JP Morgan
Commerzbank leads $9 million investment in FICC analytics firm
Commerzbank and Octopus Ventures lead $9 million funding round in fixed income analytics provider Mosaic Smart Data.
JP Morgan clears first repo under new DTCC sponsor programme
Transaction follows recent regulatory approval to expand DTCC’s Fixed Income Clearing Corporation sponsored programme.
JP Morgan appoints head of global volatility within equities business
Rachid Alauoi replaces Fater Belbachir as head of global volatility within the global equities business at JP Morgan.
LCH adds five currencies to non-deliverable interest rate swaps
Bank of America Merrill Lynch, JP Morgan and Standard Chartered are among the first financial institutions to clear the new derivatives at LCH.
Former global head of trade surveillance at JP Morgan joins Fonetic
Thomas Dinneny has previously led trade surveillance for JP Morgan and Thomson Reuters.
JP Morgan launches FX algo execution service on Bloomberg App portal
Algo Central is the first institutional FX algo execution services application offered by a global bank on the Bloomberg App Portal.
Liquidity overtakes best execution as top concern for FX traders
JP Morgan’s third annual e-trading survey reveals that FX traders are most concerned about liquidity in the year ahead.
Buy side
Ed Wicks: The bigger picture
Three years after joining Legal & General Investment Management to run its equities trading, Ed Wicks now heads up the firm’s global trading operations, placing emphasis on the benefits of incremental improvement. Wicks speaks to John Brazier about the changes he has made during his time with the asset manager and what the future holds for the head of trading role.
Blythe Masters steps down as CEO of Digital Asset
After more than three and a half years, blockchain pioneer Blythe Masters to leave her role as CEO of Digital Asset.