Saturday, February 29, 2020

ICAP Launches European Equities Special Situations Desk

The new team will work alongside the US special situations desk that has been headed by Humeyra Nicolas since 2008.

Paxos Settlement Now Settling Trades For Credit Suisse and Instinet 

First Time that Blockchain-Enabled Settlement is Used in Live Environment for U.S. Listed Securities.

OpenDoor Appoints Former Fidelity CIO as Chief Technology Officer

20-year Fidelity veteran Wong to work with CEO Susan Estes to drive next phase of platform growth

Morgan Stanley to Acquire E*TRADE

Combined platforms will have $3.1Tn client assets, 8.2MM retail client relationships and accounts, and 4.6MM stock plan participants

’Second Revolution’ In Electronic Bond Trading

Financial services are in the earliest days of the AI era.

Northern Trust Provides Solutions for Illinois Muni Retirement Fund

Illinois' second largest retirement fund outsources trading and middle office.

FX Algos Gain Adoption on the Buy Side as Best Ex and TCA Fuel Change

Buy-side trading desks are adopting algorithms to source liquidity and lower trading costs in FX trading.

Citi Top Global Fixed Income Dealer: Greenwich Associates

Milestone marks 5th consecutive year that Citi has topped the survey.

The Rising Value of Data in Financial Markets

Data in financial markets has never been more valuable.

ON THE MOVE: BTIG Hires for Euro Outsourced Desk

The weekly recap of hires, job moves and promotions around Wall Street.