Citadel and Wells Fargo completed the inaugural transaction on Tradeweb’s swap execution facility (TW SEF), with post-trade processing delivered through OSTTRA’s MarkitWire platform.
The past week saw appointments across sales trading, ETFs and equity trading.
The move will enable Wells Fargo access to ForexClear’s margin, liquidity and netting opportunities.
The past week saw appointments across business development, execution services, equities, electronic trading, credit trading and securities sales trading.
Incoming hire previously spent 13 years at Credit Suisse; also held positions at Commerzbank AG and Dresdner Kleinwort.
SEC and CFTC hand out penalties to BNP Paribas, BMO Capital Markets and Wells Fargo among others.
With the close of this round the total funding for FIA Tech is at almost $70 million.
The past week saw appointments from Citi, StoneX Group and Wells Fargo.
The bank became the latest to report a challenging Q4, with net income down 50% compared to Q4 2021 – but banking and markets revenues were up over the same period, suggesting a silver lining.
The past week saw appointments from Credit Suisse and BTIG, along with departures from LSEG, Winterflood Securities and Mizuho.