Ardevora Asset Management will shut its internal trading desk as of April next year with head of trading, Neil Bond, expected to leave around the same time.
Tag: Northern Trust
Custodians are aiming to evolve their outsourcing business model and leverage new technology to accommodate front-office solutions.
The US CFTC also fined NatWest Markets, PNC Bank and Northern Trust for reporting and risk management regulation failures.
CTIM will use Northern Trust’s Integrated Trading Solutions for trade execution, matching and settlement services.
Northern Trust will leverage machine learning to project demand for equities in the securities lending market and grow revenues.
The firm is using new technologies to provide a suite of investment analytics tools for its global institutional clients.
The new global options trading desk will sit within Northern Trust's institutional brokerage business.
Marisa Kurk will oversee operations of the global foreign exchange business at Northern Trust.
Guy Gibson named as global head of institutional brokerage and Anna Ranaldi appointed as global chief operating officer for institutional brokerage business.
Ernesto Arteta, formerly a senior trader at Northern Trust, has been promoted to lead FX sales in the Americas.