Brokerage

Knight Capital Group said it will consolidate its full service and electronic institutional equities sales teams, as it reported a drop in profit but gains in equities trading volumes. Knight is in process of merging with fellow market maker GETCO.

Celebrity sales traders raise money for global charities.

The cutbacks reflect a concern by its management that the San Francisco-based provider of options data, analytics and trading software had waded too deeply into the brokerage business.

As part of the agreement, Cowen has hired GPP’s prime brokerage team, including sales, operations, client service, onboarding and trading.

Find out which executives from Capstone and Instinet are moving on. Also see which veteran joined a Long Island, N.Y., market making desk and which international trader went to Divine.

Broker dealer advisors are motivated by the perceived economic advantages of the RIA model.

Nathalie Texier-Guillot is head of U.S. equity derivatives structured sales at Citigroup Global Markets. The executive recently sat down with Traders Magazine to discuss the state of play in over-the-counter equities derivatives. This is the second of a two-part series.

The acquisition will bolster crypto offerings for traders.

Institutional traders are opening their collective wallets wider and spending more on their order and execution management systems to keep pace with the changes in equity market structure, according to a report from Greenwich Associates.

New trading ecosystem will tackle corporate bond market liquidity and data challenges.