The TRADE sits down with Stifel's head of equity execution, UK and Europe, Raymond Powell, to unpack the current pan-European market outlook, differing approaches to dealing across the channel and the likelihood research rebundling.
The move follows ‘aggressive’ collaboration to go live in three months; builds upon an existing relationship between the two firms dating back to 2014.
The imposed penalty from the UK’s Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) is linked to an inputting error made by a trader on the firm’s Delta 1 desk back in May 2022.
Departing individual has been with the broker dealer for over eight years.
Alongside the appointment, Citi has selected a new chief executive for its broker dealer entity Citigroup Global Markets Inc (CGMI), The TRADE understands.
With data becoming unavoidably vital to the trading desk, Wesley Bray explores how traders are delving past traditional TCA and collaborating with data scientists on the desk to help gain a deeper understanding of market dynamics, in order to make better informed trading decisions.
Departing trader originally joined DWS Investments in 2008 as a senior equity trader having previously served at UBS Investment Bank for 12 years.
The integrated service will improve client experience, increase optionality, and execution choice as well as offering clients improved access to BNY Mellon’s global markets and execution enterprise, the firm said.
Tradefeedr’s industry advisory board was established earlier this year and is currently comprised of 15 buy-side, 10 sell-side, and six platform members.
The incoming traders join the bank from JP Morgan, BNP Paribas, Morgan Stanley and Deutsche Bank according to an internal memo seen by The TRADE.