Aquis and Cboe to form joint venture intent on exploring consolidated tape bid
The exchanges will co-own a new Netherlands-based company named SimpliCT which will seek to leverage the expertise of its founders to develop a “best-of-breed equity CT”.
Equities
US market increasingly ready to embrace alternative trading systems
Almost 40% of US electronic traders have "a lot" of interest in having "more innovative" trading venues to choose from, according to the latest Coalition Greenwich report.
Artemis Investment Management outsources equities and derivatives trading to Northern Trust
Northern Trust’s outsourced trading desk to support $33 billion asset manager for equity funds under management and all related derivatives.
BNY goes live with new trading desk in Dublin
The move is aimed at facilitating more efficient trading for EU-based clients across both fixed income and equity markets globally.
Appital expands European equity coverage through addition of Virtu Financial’s POSIT MTF
The move will provide buy-side firms with execution capabilities for more than 21,000 equities across 24 European countries.
Crédit Agricole CIB and Kepler Cheuvreux extend partnership to encompass MENA region
Kepler Cheuvreux has also been granted a license to operate as an authorised firm by the Dubai Financial Services Authority (DFSA) and opened an office in the Dubai International Financial Centre.
TD Securities names new head of European cash equities
Individual was most recently head of sales trading at Cowen and Company; previously worked at Deutsche Bank, and HSBC Securities.
TNS extends access to all US equity options exchanges
The addition of the recently launched MIAX Sapphire Options Exchange builds on the firm’s commitment to comprehensive coverage of the US listed options marketplace.
Stifel taps Hargreaves Lansdown for new equity trader
New appointment spent the last seven years at Hargreaves Lansdown in a range of dealing and consultancy-related roles.
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.