Stifel mulls UK sales trading exits as cash equities job cuts bite
The move follows the acquisition of Bryan Garnier in January 2025, and forms part of a strategy change to focus on the firm’s European advisory-led business.
News
Algo advances create overlap between US equities’ single-stock and program trading
Sophisticated algorithms and the rise of electronic execution are seeing buy-siders place greater focus on options between high-touch and low-touch execution, according to Coalition Greenwich’s latest study.
ION leverages AI in bid to optimise pre-trade risk management for clients
The new solution integrates CME SPAN 2 and aims to address calculation and speed challenges associated with the model.
Cboe promotes Tiefenbrun to new global head of cash equities role
Another promotion for former BAML, Turquoise, LSEG and Instinet equities expert who continues to ascend at Cboe.
LSEG expands AWS existing relationship with cloud collaboration
The move will migrate LSEG’s internal systems to the cloud and expand the ongoing relationship between the two companies.
SIX launches new data offering for global fixed income markets
The new offering is set to eliminate challenges of inconsistencies and errors facing clients using fixed income data.
Phillip Nova and Integral expand partnership to enhance NDF and FX offering
The expansion follows an increase in market demand for NDFs in the APAC region and builds on the two companies’ existing partnership.
Ex-Citi managing director Matthew Cousens joins Clear Street
Incoming individual brings extensive industry experience, having previously held senior roles at Citi, Barclays and Credit Suisse.
AccessFintech goes live with settlement netting for global fixed income markets
JP Morgan and Citi support the rollout of a netting solution for the €15 trillion EMEA repo market.
CME Group to launch XRP futures
The product is set to go live on 19 May 2025 and follows the company’s recent launch of its Solana futures.