Trading
Big exchanges lead EU equity data race after challenger drops out
Data provider big xyt pulls out of consolidated tape bidding process
2 min read
Ex-Bank of America trader joins Sumo as head of systematic fixed income trading
Jugakalpa Das’ six-member pod will start trading for Sumo in July
1 min read
City minister vows ‘targeted support’ for AIM tax breaks
The London Stock Exchange has called for clarity around the future of tax incentives
3 min read
XTX boss Alex Gerko challenges £22.5m tax bill at UK’s Supreme Court
Billionaire mathematician is one of Britain’s biggest taxpayers
2 min read
Trading giant Jane Street boosts average UK staff pay to $1.3m
US-based firm hiked UK staff pay 61% last year
2 min read
LSEG hires former JPMorgan executive to run swap clearing
Nick Rustad joins the bourse owner to oversee its lucrative SwapClear business
2 min read
Qube Research hunts for crypto quants to work weekends
The hedge fund wants a London trader to tackle the crypto markets on Saturdays and Sundays
2 min read
Private equity firm swoops for Argentex ahead of emergency sale vote
Dutch investor makes last-minute proposal for embattled FX broker
3 min read
Pisces: How the London Stock Exchange plans to lure firms to a private market
Two fintechs worth a combined $3.5bn are among those interested in the government’s plans to enable the trading of private companies’ shares on exchanges
8 min read
SIX deal for Aquis a ‘vote of confidence’ in the UK
City grandees say Swiss takeover and UK reforms are set to boost the growth exchange
1 min read
Wise shifts primary listing to New York in hit to London market
Fintech firm will keep secondary listing in London
2 min read
Europe’s T+1 move could hit banks nearly three times harder than US
Implementation in Europe is ‘much more complex’ than in the US, according to a new report
TP ICAP buys data firm Neptune in credit push
Neptune Networks deal to help the City broker launch dealer-to-client business
Schroders chair Elizabeth Corley to join London Stock Exchange Group board
Appointment comes as LSEG shrinks its reliance on equities
London Stock Exchange Group shifts hiring to India amid global tech push
The bourse owner and data provider is insourcing 2,000 technology roles globally
UBS sells hedge fund unit to Cantor Fitzgerald
Deal set to transfer around $11bn of assets
2 min read
EU delays capital rules for banks’ trading arms for second time
Regulation will be pushed back one year to the start of 2027
2 min read
Cboe challenges EU ‘misconception’ in options push
The US group started rolling out equity options in Europe 18 months ago, and argues they aren’t as high-risk as some think
3 min read
Maven Securities operations chief exits
Richard Simpson departs high-frequency trader
2 min read
UBS quartet head to Clear Street after outsourced trading exit
US-based Clear Street hires executives whose jobs UBS put at risk
2 min read