Coalition: Banks’ FICC trading victory in 2020 through remote working and market volatility
Remote working did not hold back sell-side firms in 2020 according to data from analyst firm Coalition. Full year investment banking revenues increased by...
E-trading platforms show mixed results in October’s market share battle
Electronic trading fixed income platforms saw a slight drop off in volume relative to October, but strong activity against the same period last year.
Bond...
BestEx Research launches no-code algo trading tool
BestEx Research Group, a provider of algorithmic execution and measurement solutions for equities, futures, and FX trading, has added a no-code algorithmic trading tool,...
Eurex expands FX Futures offering to emerging markets currencies
Eurex will start trading new FX Futures contracts covering Brazilian Real (BRL), Mexican Pesos (MXN) and South African Rand (ZAR) on 10 October 2022....
Big names out at BGC
Interdealer broker BGC Partners has made a wave of job cuts, as announced in April, which combined with recent departures has removed several heads...
FCA says HFT firms exacerbate and profit from flash crashes
A paper published by the UK’s Financial Conduct Authority has said that high-frequency trading (HFT) firms and agency traders exacerbate flash crashes in the...
How e-trading connectivity has been fragmented by sanctions
Sanctions on the Russian regime, on associated firms and on individuals have restricted legal access to some instruments and counterparties, yet portfolio managers may...
Reading between the lines of JP Morgan’s e-Trading Survey 2023
JP Morgan’s e-Trading Survey has tracked a substantial shift in capital markets priorities as worsening liquidity, central bank activity and economic fragility overtake COVID,...
Broadway Technology’s fixed income spin-off raises questions about competitive landscape
The UK’s Competition and Markets Authority (CMA) has agreed the takeover of Broadway Technology by ION Trading Technologies, allowing ION to expand its grip...
Oscar Kressner joins Millennium
Oscar Kressner has joined alternative asset manager Millennium Management Global Investment, as a portfolio manager covering global macro investing. Millennium, which has US$56 billion...
