Tag: program trading

Paul Warhurst to join team as Asian clients demand more from program trading unit.

Bank of America’s Global Markets division saw sales and trading income fall by a fifth in the fourth quarter of 2014, according to results today, excluding accounting adjustments.

Citi’s head of EMEA execution sales (electronic trading) has left the group after five and a half years, The TRADE understands.

Expanding program trading capabilities will top the list of priorities for execution and order management software provider Linedata next year, driven by buy-side demand, the firm’s head of trading technology has said.

US-based market making firm Knight Capital has announced that it will cut jobs and close its equities trading desk in Hong Kong due to the continuing deterioration of market conditions.

US-based broker Knight Capital Group has launched Knight Global, a new program trading service for institutional investors in the Americas, Europe and Asia.

US-based agency broker and trading technology provider ConvergEx has added predictive functionality to its algorithm for trading small orders.

Japanese investment bank Nomura has made several hires to its US-based global portfolio trading team, including two former Merrill Lynch directors.

Penserra Securities, a US-based institutional agency broker, has hired Jason Valdez to its global program trading team.

Fidessa, a provider of buy- and sell-side trading technology, has enhanced the program trading functionality of EMS Workstation, its broker-neutral, low-latency trading platform for equities and equity derivatives.