Tradefeedr, founded by former hedge fund managers, has launched its data analytics platform with Goldman Sachs, UBS and XTX Markets.
Ulrich Koerner will be replaced as president of asset management at UBS by former Citigroup veteran Suni Harford, who joined UBS Asset Management in 2017.
Morgan Stanley came first for commissions, while the combined Virtu/ITG algos are considered top by investment firms.
The co-head of Citi’s Americas prime finance business has left after two years with the US bank.
Investment firms affected by major FX rigging scandal at Barclays, Citi, RBS, JP Morgan and UBS are seeking compensation in the UK.
Swiss competition authority has fined Barclays, Citigroup, JP Morgan, RBS & MUFG a combined CHF 90 million for its role in rigging the FX spot market.
State Street, BNY Mellon and MUFG among those backing the tokenisation project aimed at transforming clearing and settlement.
Despite buy-side citing use of transaction cost analysis (TCA) as a larger focus post-MiFID II, Citi's market structure head for EMEA says the bank is actually seeing the converse in action.
The FCA hands UBS largest MiFID transaction reporting fine to date after more than 130 million reports were found to be inaccurate.
Citi joins UBS in setting up its eFX trading hub in Singapore with support from the Monetary Authority in Singapore.