The new kid on the block – a closer look at ‘Bernstein’
Quant trading and algos key focuses for the much-anticipated joint venture between Societe Generale and AllianceBernstein going forward, The TRADE understands.
Quant trading and algos key focuses for the much-anticipated joint venture between Societe Generale and AllianceBernstein going forward, The TRADE understands.
Initially launched to support securities markets in EMEA, DTCC aims to expand access of the new functionally to other markets in the future.
Named Bernstein, the joint venture will offer investment insights into North America, European and Asia Pacific equity markets, alongside liquidity access and global trading technology.
SGSS moves to retire the PAREL brand and deliver clearing, settlement and custody through an integrated model.
Move comes as part of the firms’ commitment to adapt to technological developments to benefit their client base.
SEC and CFTC hand out penalties to BNP Paribas, BMO Capital Markets and Wells Fargo among others.
Incoming CEO will replace Marco Polito, who left at the end of April by mutual agreement to pursue new professional projects.
Barclays, BlackRock, Crédit Agricole CIB, Société Générale and UniCredit move follows a similar announcement from European exchanges in February.
New offering will help support sustainable transformation by improving transparency related to cleared portfolios and counterparties.
New head brings more than 20 years’ experience working in the global financial industry to BMLL, joining from big xyt where she served as head of sales, Americas.