LSEG head of workflows departs for MarketAxess
Incoming individual has previously worked at: BGC Partners, ICAP, Deutsche Bank, Dresdner Kleinwort Wasserstein and Société Générale.
Incoming individual has previously worked at: BGC Partners, ICAP, Deutsche Bank, Dresdner Kleinwort Wasserstein and Société Générale.
Panellists at TradeTech Europe discussed the evolution of AI in the automation space and highlighted its benefits in areas such as historical data usage and algo wheel development.
The service forms part of the exchange’s Post Trade Solutions, and is part of the drive to expand LSEG’s post-trade capabilities.
Another promotion for former BAML, Turquoise, LSEG and Instinet equities expert who continues to ascend at Cboe.
The move will migrate LSEG’s internal systems to the cloud and expand the ongoing relationship between the two companies.
Launch is scheduled for H2 2025, and the offering is expected to provide increased control over block orders.
Move follows the departure of Satvinder Singh in February, who had served as Group head of data and analytics for 18 months.
The division saw the largest growth year-on-year - up 18.2% - reaching £1.83 billion in 2024.
The past week saw a C-suite switch up and appointments across equities, sales trading and post-trade.
The move with LSEG’s Yield Book business is set to enable SimCorp to complement its Axioma Risk models and portfolio construction capabilities.