Morgan Stanley names new EMEA electronic FX sales head
Individual has most recently spent the last eight years with Citi and also previously served at Royal Bank of Scotland, Deutsche Bank, Bloomberg and State Street.
Sell-Side
Bernstein opens new Dubai office as part of MENA expansion
William Ashworth, Bernstein's co-head of Asia cash trading, and Yasmine Rassem, Bernstein's director of equity sales, have been selected to build out the franchise.
Outsourced trading: Easy to do, difficult to get right
As outsourced trading gains traction, Claudia Preece delves into what factors make for success in the space, pinpointing some of the main elements influencing the future landscape. As ever-larger players continue to make real moves, costs rise, and expectations placed on providers increase, only those with truly effective offerings will reap success as consolidation continues.
Northern Trust tapped by True Potential for outsourced trading solutions
Northern Trust will provide services across equities, fixed income and exchange traded derivatives, with coverage from multiple trading locations.
Vanguard’s Robert Miller departs for Kepler Cheuvreux
The role will see Miller join the execution leadership team, focused on market structure and liquidity solutions.
Mizuho becomes latest member to join LCH SwapAgent
Addition of Mizuho Bank increases dealer entity count at SwapAgent to 47, spanning 15 countries.
Baader Bank becomes latest trading member to join Spectrum Markets
Move will allow Spectrum to access a larger network of retail brokers across Germany, while offering retail investors within the country new features such as extended trading hours.
Citi names new EMEA head of electronic equity sales trading
Individual has been a permanent member of staff at Citi for eight and a half years after conducting two internships at the bank in its markets division in 2013 and 2014.
BNP Paribas expands CobaltFX relationship to streamline bank credit allocation
Expanded partnership will help BNP Paribas address “regulatory concerns and set a new standard for precision […] in market operations”.
Kepler’s Byron Griffin to join ODDO BHF
Griffin’s departure from Kepler Cheuvreux was announced last month.