Trading

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

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

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

2 min read

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

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

JPMorgan trader’s firing over ‘spoofing’ was ‘procedurally unfair’, tribunal rules

The Wall Street bank failed to disclose important documents, according to an employment judge

2 min read