Broker TP ICAP is set to launch a cryptoassets trading platform for institutional investors later this year.
Credit Suisse Group paused the launch of a credit fund run by star trader Hamza Lemssouguer as it dials back risk.
BNY Mellon clients with exposure to China's huge bond market can now use those holdings as collateral via Hong Kong's Bond Connect program.
Ines de Tremiolles was named global head of trading at BNP Paribas Asset Management.
The global research market has lost more than 7,500 years of experience in the U.S. and across Europe since January 2018.
More buy-side firms are looking at outsourced trading as COVID-19 shines a spotlight on costs, business continuity and remote working.
Nasdaq agreed to sell its U.S. fixed-income electronic trading platform to an affiliate of Tradeweb Markets.
Clearinghouses are weighing whether to shift trillions of dollars of derivatives away from the LIBOR weeks before the benchmark expires.
Citadel recruits Jay Rubenstein, Morgan Stanley's head of commodities trading, to join its team.
FTSE Russell will remove eight Chinese companies from its global and China A indexes in response to a White House order.
Caisse de Depot et Placement du Québec is now a lead investor in exchange operator IEX Group.
Interdealer broker TP ICAP is in advanced discussions to acquire share-trading platform operator Liquidnet in an up to $700 million deal.
U.S. stock exchanges and market makers are joining forces to fight a proposed tax on financial transactions being weighed in New Jersey.
Daniel Leon was named global head of trading, treasury management and global solutions at HSBC Global Asset Management.
Sophie Lugiez was appointed head of global trading at BNP Paribas Asset Management.
Shortening market trading hours may lead to improvements in diversity and well-being, but may damage London's status as a financial center.
A number of changes to European trading rules are necessary to ensure best execution and to enhance pre- and post-trade transparency.
A new national securities exchange, founded by financial firms and known as MEMX, gets a greenlight from the SEC.
Wall Street trading desks notched the best quarter in eight years as clients rushed to change or hedge positions amid the COVID-19 outbreak.
China is weighing merging its two biggest brokerage firms to create a company that can better compete with the global investment banks.
The world's largest sovereign wealth fund wants brokers and exchanges to continue to develop how they manage closing auctions.
Asset managers find "it's bad to be slow in a fast market," while they live the worst of both as Wall Street traders work from home.
Institutional investors are backing a proposal from IEX Group that aims to help level the playing field on executing stock orders.
Suggestions to remedy perceived problems caused by the Markets in Financial Instruments Directive II could mean more upheaval for managers.
The SEC approved a new pricing mechanism from Cboe that allows traders to bypass fees charged by other exchanges for closing auctions.