The new membership network has already attracted buy-side firms and aims to address environmental challenges specific to trading firms through accountability to the wider industry and investors.
About 2.76% of total US recorded volume during 8 July 2019 to 23 December 2019 was deleted prematurely due to an analyst’s error.
The Taiwanese bank has gone live as a client clearing FX derivatives using the ForexClear service at LCH with UBS acting as the clearing broker.
The global markets team at UBS has rolled out the Lynk research platform to institutional investor clients following a recent funding round.
Axel Lehmann has been nominated to lead the risk committee at Credit Suisse after departing UBS earlier this year.
Traders using the ION LatentZero OMS can now access the UBS Bond Port anonymous credit liquidity pool under new partnership.
Distributed ledger repo platform from Broadridge has executed more than $35 billion in average daily volume in the first few weeks since its launch.
Execution Hub at UBS will combine FlexTrade’s open technology stack together with its own proprietary automation technology to route orders to the best liquidity provider.
UBS has made two senior trading hires from Morgan Stanley Investment Management as it expands the outsourced trading team in the US.
Despite its involvement, NatWest was not fined as it revealed the cartel, while Bank of America, Natixis and Portigon also evaded penalties.