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.
Incoming COO brings a wide range of experience to FairXchange, having previously served at Google Cloud and Microsoft, as well as investment banks such as Credit Suisse and Morgan Stanley.
The cooperation looks to reduce operational risks faced by brokers alongside improving efficiencies to equity capital markets.
The global exchange traded fund (ETF) market has seen extraordinary growth since its inception almost 30 years ago, with the range of ETF products growing increasingly diverse and complex. In Europe, a high rate of settlement failures and general inefficiency in the market has meant there has been a drive to bring more ETF trades through central clearing, providing greater risk mitigation and operational efficiency. But is enough being done to facilitate that switch? Chris Lemmon reports.
The exchange has commenced a £750 million share buyback after seeing growth across its data and analytics, capital markets and post-trade businesses.
The selection follows the news of TORA’s planned acquisition by London Stock Exchange Group (LSEG).
The past week saw appointments from LSEG, BTIG, LedgerEdge, Millennium and the FCA, as well as a departure from Royal London AM.
The new hire comes from a private equity background and has a wealth of data and technology experience.
The TRADE highlights the top five most read stories across Europe in H1 2022, including news from DTCC, Euroclear and Clearstream, LSEG, Virtu and BNP Paribas.
Following the completion of the deal, which is expected in H1 this year, MayStreet will join Refinitiv in LSEG’s expanding data and analytics division.