FCA rules out wholesale market data action despite higher price drivers
The UK’s Financial Conduct Authority (FCA) has published the findings of its wholesale data market study – ruling out any “significant intervention” on the...
UK regulator warns of crackdown on market misconduct
The new Financial Conduct Authority (FCA) "bad cop, bad cop" duo of enforcement and market oversight have drawn up the battle lines when it...
Juan Landazabal takes on investments COO role at GAM Investments
After almost two years as global head of the investment platform, Landazabal has been promoted to the position of investments COO - a role...
Waverton traders move to Northern Trust in outsourcing deal
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...
Proprietary trading firms seek fixed income investment expansion in year ahead
Proprietary trading firms, buoyed by an optimistic outlook for the year ahead, are investing in trading new asset classes, particularly fixed income, with government...
EMCA 2023 WINNER: Best Sell-side Fixed Income Trading Desk – Jefferies
Jefferies stands out for commitment to clients and hands-on approach
Buy-side traders have chosen Jefferies as the “Best Sell-side Fixed Income Trading Desk” in this...
Goldman net revenues for Q3 2023 driven by ‘strong performances’ in fixed income and...
Goldman Sachs saw its net revenues for Q3 2023 remain largely the same as Q2 2023 – US$11.82 billion – thanks in part to...
Morgan Stanley sees securities business drop 2.5% in Q3 2023 despite ‘solid’ equity results
Morgan Stanley has seen its institutional securities arm in Q3 2023 drop 2.5% despite “solid results” in its equity and fixed income businesses. The...
Could Japan’s bond policy shift signal the end of its equities bull run?
Japanese stocks have been hitting record highs in recent months, with the Topix and the Nikkei 225 both reaching levels last seen in 1987....
Margin call: Are you ready for the upcoming SIMM re-parameterisation?
The SIMM methodology, one of the two primary algorithms used by firms subject to UMR, is usually updated annually at the end of each...