Equities
Industry opposes regulatory intervention for periodic auctions
The EU financial regulator has published responses to its call for evidence, revealing that the industry is firmly behind the use of periodic auctions.
LATEST NEWS
Virtu to maintain ITG broker-dealer entities as tie-up nears completion
Virtu has obtained certain regulatory approvals for ITG takeover with completion of the deal expected in the first quarter this year.
Dash Financial Technologies appoints financial chief
Scott Patrick brings 25 years’ experience to Dash and will lead the company’s financial planning and operations.
Sponsored message from Cboe Europe
The year of the block
David Howson, chief operating officer at Cboe Europe, on the revolution in block trading and how the firm stays in tune with customer needs.
Exchange-traded derivatives hit record in 2018
Data from the Futures Industry Association (FIA) showed that equity index futures and options were a main driver for the record activity.
Blockchain firm Symbiont raises $20 million from Nasdaq and Citi
Symbiont has previously worked with Vangaurd to simplify its index data sharing processes using blockchain technology.
HIGHLIGHTS
MEMX: The road ahead
Following news of major US players looking to establish a member-owned equities exchange, industry experts agree the move could prove to be positive for markets, but warn the road ahead for MEMX may be a difficult one.
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smartTrade Technologies: Basing crypto on the right technology platform
The choice of the trading platform technology on which to build your crypto business on is fundamental! John Stead, smartTrade’s head of PreSales, tells TRADE TV what the challenges are when it comes to selecting a cryptocurrency platform: www.smart-trade.net
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MORE NEWS
Aquis Exchange launches European business after gaining approval for MTF in France
The trading venue’s sales head will relocate to Paris to lead the MTF as CEO of newly-formed business, Aquis Exchange Europe.
LCH promotes Poilvet-Clediere to lead repo clearing business
LCH SA is targeting going live with a sponsored repo clearing scheme for the buy-side in 2019.
HKEX chooses Traiana for central clearing connectivity of FX deliverables
Market participants can access HKEX’s OTC Clear service for FX forward and swaps via Traiana’s CCP Connect.
State Street appoints former BNY Mellon veteran as global markets head
Long-serving BNY Mellon executive with three decades of asset management experience, Nadine Chakar, joins State Street for second spell.
TransFICC taps veteran Godfried De Vidts for regulatory advisor role
Godfried De Vidts is a recognised voice on European financial and political issues, having most recently served as director of European affairs at NEX Group.
LMAX Exchange targets growth in Asia with senior sales appointments
FX trading firm LMAX Exchange has made two appointments to its sales team in Asia Pacific as it targets growth in the region.
FTSE founder steps down as director of LSEG’s information services group
Mark Makepeace will take on a non-executive chairman role as Waqas Samad succeeds him as director of the information services unit, which includes FTSE Russell.
Jupiter CEO to step down, Formica named as successor
Maarten Slendebroek will step down as CEO in March with the former co-CEO of Janus Henderson, Andrew Formica, due to take on the role.
PGGM addresses liquidity concerns through Eurex’s repo clearing service
PGGM is the first pension fund manager to centrally clear repos at German exchange group Eurex.
Preparation already underway for next rounds of initial margin rules
With a new wave of initial margin rules on the horizon, BNY Mellon says clients are already more prepared.
State Street plans 1,500 job cuts and senior management scale back
New State Street chief executive, Ron O’Hanley, begins the year by announcing job cuts in earnings release.