Without admitting or denying the regulator’s findings, PIMCO has agreed to a cease-and-desist order and a censure; will pay a combined penalty of $9 million.
Bloomberg, OSL Digital Securities and Paxos are among the institutions responding to increased interest in digital assets.
Ahead of TradeTech, head of global equity trading at PIMCO, Eden Simmer, tells The TRADE that a hybrid trading desk composed of traders with remote and physical office presence can offer a number of advantages.
Pimco will use OpenGamma’s technology in a bid to reduce margin financing costs for derivatives trading.
US fixed income investment firm Pimco will use Algomi ALFA to source and aggregate bond liquidity.
SEC finds Pimco misled investors about long-term impact of fund strategy.
Virginie Maisonneuve will join Eastspring Investments in January next year.
Global head of equity trading position will not be replaced following Melissa Tuttle’s departure.