State Street names new head of markets UK
Appointment follows a return to the firm after a spell at BestX, where the executive led strategy and growth across the business.
Appointment follows a return to the firm after a spell at BestX, where the executive led strategy and growth across the business.
The service allows buy-side access to centrally cleared reverse repo transactions.
The past week has seen senior appointments across equities trading and FX, as well as hires across institutional sales, spanning cash equities and ETFs.
Implementation marks an expansion of the strategic relationship between the two firms established in 2004.
The past week has seen a variety of moves spanning the sell-side, outsourced trading and sales trading.
The hires, based in Frankfurt and London, join from firms including UBS and Western Asset Management.
Though European active ETF assets remain lower than its US counterparts, areas such as fixed income are seeing increased investor interest.
New role for Charles River chief executive who had held the role for almost six years and played a key role in State Street’s Alpha strategy.
The live offering has already had 15 asset managers and banks executing agreements on the network, with more set to follow.
Individual has previously worked at CF Global Trading, HSBC, the European Bank for Reconstruction and Development (EBRD), Merrill Lynch and Credit Suisse.