Former risk head at Credit Suisse and Deutsche Bank joins LSEG as risk chief
Balbir Bakhshi joins the London Stock Exchange Group as chief risk officer after more than 25 years’ industry experience at Credit Suisse and more recently Deutsche Bank.
Balbir Bakhshi joins the London Stock Exchange Group as chief risk officer after more than 25 years’ industry experience at Credit Suisse and more recently Deutsche Bank.
Julia Hoggett joins the London Stock Exchange as the new chief executive after nearly seven years at the Financial Conduct Authority.
LSEG confirmed Turquoise Europe would go live on 30 November unless relevant equivalence decisions between the EU and UK are agreed upon.
More than 99.9% of shareholder votes cast at the Euronext general meeting were in favour of its proposed takeover of LSEG’s Borsa Italiana.
Investors traded €1.42 billion via Turquoise Plato Block Discovery up from the previous daily record of €1.23 billion in March.
The sale of LSEG’s Borsa Italiana business is dependent on approval from the European Commission on the exchange group's Refinitiv acquisition.
The new connectivity allows market participants to electronically trade bonds from the TORA OEMS on the MTS BondsPro platform.
LSEG said that the tool launched with 12 Turquoise members entering new orders in 76 different symbols of 11 different country markets on its first day.
The loans will be provided to 16 EU member states under the SURE programme to help finance increased national expenditure relating to work schemes and other short-term measures.
The exchange's contingency plan will come only into play if equivalence decisions to allow cross-border services between the UK and the EU are not agreed upon.