Morgan Stanley hit with $249m block trade fraud fine

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Investment banking giant Morgan Stanley has agreed to pay more than US$249 million to settle block trading fraud charges and for information barrier failures. The...
Lara Jacobs, Liquidnet

Former intern now head of international client trading EMEA at Liquidnet

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The new hire has been with the firm for her entire five-year career, working as an equity trader for the past two years before...
Evan Canwell, T.Rowe Price

How equity market structure will change in 2024

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Best Execution asked Laetitia Visconti, director for market structure & execution services at Barclays Investment Bank and Evan Canwell, equity trader and market structure...

Waverton traders move to Northern Trust in outsourcing deal

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Northern Trust’s Integrated Trading Solutions (ITS) outsourced trading desk is supporting Waverton Investment Management, an independent investment manager providing services for private and professional...

Equity underwriting on European exchanges up 15% in 2023

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Equity underwriting on European exchanges, (EU member countries, UK and Switzerland) for the first three quarters of 2023 rose 15% year-to-date (YtD) on the...

Peel Hunt joins OptimX Markets as a block provider

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Peel Hunt will be joining OptimX Markets' liquidity management platform as a block provider, and scheduled to be launched in the first quarter of...
Conn Adam

big xyt and Baillie Gifford launch new solution to address dilution levy complexities

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The liquidity analysis tool has been developed to help the buy-side handle upcoming new dilution levy guidance - designed to act as a circuit-breaker...

London Stock Exchange hit by another market outage, small-cap trading briefly suspended

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The London Stock Exchange (LSE) saw small-cap trading halt twice this morning within a three-hour period, leaving only the FTSE 100, FTSE 250 and...

Somerset Capital Management, outsources trading function, central dealer departs

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Somerset Capital Management, the fund manager co-founded by Jacob Rees-Mogg and Dominic Johnson, has outsourced its trading function to a third-party provider, BEST EXECUTION...

European equity trading is shifting to alternative mechanisms amid liquidity concerns

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Liquidity worries are driving traders towards alternative execution choices, according to a new survey from SIX Swiss Exchange, with traders shifting activity away from...