Seth Merrin joins Neuravest as executive chairman after departing Liquidnet following its acquisition by interdealer broker TP ICAP.
The deal will see TP ICAP combine its high-touch derivatives and cash equities with low-touch block cash equities platform at Liquidnet.
In response to Liquidnet Canada raising its fees five-fold, Virtu Financial has reduced its POSIT Alert Canada commissions, The TRADE understands.
John Emmert joins Liquidnet as head of the Americas trading desk after spending 10 years with Deutsche Bank as director of its global program sales and trading group.
Market share in European STO stocks for UK-based venues fell from 16% to 2.5% when looking at addressable and non-addressable liquidity, report from Liquidnet reveals.
Gaze into The TRADE's crystal ball for insights from buy-side market participants, exchange operators and trading venues on their predictions for the year ahead.
The integration with Liquidnet IA Trader will provide TORA OEMS users access to advanced data analytics tools and trading algorithms.
Steven Nichols has been promoted to head of NLP and unstructured data at Liquidnet, as three new data scientists also join the trading network.
TP ICAP is hoping to achieve cost savings of £35 million by the end of next year, which could lead to possible job cuts across the broking business.
The deal for Liquidnet will boost TP ICAP’s electronic trading capabilities and buy-side client base upon closure early next year.