Trading outsourcer Tourmaline hires three senior executives
l to r: Goodman, Mazzuca, & Sindell.
Greenwich Associates: 54% expect increased spend on consolidated data feeds
The onset of the COVID-19 crisis is highlighting the importance of market data infrastructure for both buy-side and sell-side firms, with pricing data feeds in many ...
Coalition: Sell-side FICC productivity levels rocketed in Q1
Sell-side FICC productivity levels rocket in Q1
Tradeweb reports high volumes continuing into April
Lee Olesky, CEO, Tradeweb
Greenwich Associates: Fixed income desks see highest buy-side tech spend
Technology spend on buy-side trading desks rose 4% in 2019 from the previous year, to reach US$2.2 million on average, with fixed-income trading desks leading spend with ...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), ...
Traders call time on outsized European market open hours
Buy- and sell-side traders have called for Europe to review its equity market open periods, which at eight and half hours is over 30% longer than market open in the US ...
Concannon joins MarketAxess from CBOE; New US exchange to fight incumbents
Bond venue operator and data provider MarketAxess has named Chris Concannon, as president and chief operating officer, effective as of January 22, 2019.
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 equity ...
Dark trading limits to apply from March after reporting failures
*Update* The European Securities and Markets Authority (ESMA) will only apply the double volume cap (DVC) mechanism for trading European equities from March 2018, and ...
LSEG restructures IT services
The London Stock Exchange Group (LSEG) has restructured its technology businesses under a single brand, LSEG Technology. The change took place over the summer period, ...
Hermes Investment Management chooses IHS Markit for TCA
By Flora McFarlane.
Schroders' former head traders return to senior roles
Rob McGrath (l) & Nick Robinson (r)
Portware claims ice cracking on EMS/OMS division
By Flora McFarlane.
Ancoa refuses to comment on rumoured CTO departure
Ancoa has said it will not comment on a unconfirmed report that founder and chief technology officer, Andrew Louth, is to leave the surveillance software provider. CEO ...
