Matos, a seasoned international banker with over 30 years of experience, will also join the boards of ANZ Group Holdings Limited and Australia and New Zealand Banking Group Limited as an Executive Director. Matos was most recently CEO of Wealth and Personal Banking at HSBC, overseeing operations in 35 markets, supporting approximately 40 million customers. …
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The service, which is said to be the first of its kind, is expected to boost algorithmic trading by providing buy-side firms, including asset managers and hedge funds, with real-time liquidity mapping and data-driven decision-making tools. “Algo traders will now have a quantitative, data-driven service to power critical trading decisions,” said George Rosenberger, Head of…
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The move aims to streamline operations, reduce complexity, and enhance efficiency for ODDO BHF’s fund assets. Euroclear, which provides post trade services, said in its press release that by utilising FundsPlace, ODDO BHF will benefit from centralised distribution processes and automated trailer fee collection, optimising revenue while mitigating operational risks. Euroclear’s platform supports over 3,000…
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The changes are said to be aimed at enhancing operational efficiency and boosting shareholder value, with the final implementations set for 23 December 2024. The first merger involves Tortoise Midstream Energy Fund (NTG) and Tortoise Energy Infrastructure Corp. (TYG). TYG will emerge as the surviving entity, maintaining its original strategy and becoming Tortoise's flagship closed-end…
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The regulator said the penalty comes after an investigation into deficiencies in CITIC's transaction monitoring systems between November 2015 and July 2018. The HKMA found that CITIC's automated transaction monitoring system had failed to generate alerts for suspicious transactions due to errors in detection and core model rules. Additionally, they state that CITIC also failed…
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The US independent futures brokerage and clearing firm said Robbins will oversee the firm’s worldwide compliance initiatives, reflecting RJO's continued international growth. Based in New York, Robbins, who has over 25 years of compliance experience in financial services, will report to Melissa Zierk, Managing Director and General Counsel at RJO. He will lead a global…
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The report reveals notable growth in several key sectors. The currency pairs category saw a 9.32% increase compared to Q2 2024, signalling strong trader interest in forex markets. The energy category also experienced growth, up 1.07%, driven by steady demand for commodities such as oil and gas. The standout performer was the indices category, which…
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The regulator said in a filing that the New York-based firm, specialising in underwriting, has also been censured and required to implement a supervisory system to address these shortcomings. The fine stems from LifeSci Capital's role as lead underwriter in the initial public offering of LifeSci Acquisition II Corp., a special purpose acquisition company (SPAC),…
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The company said the cloud-based platform features a flexible technology stack, enabling the firm to enhance its research and data offerings while providing enterprise-level access to its clients. This is said to be just the first in a series of product rollouts by Gimme Credit as it enters "an era of vast growth and technological…
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The company, which aims to modernise the brokerage ecosystem, has also been granted Category 1 Ring-dealing membership by the London Metal Exchange (LME), marking a significant milestone in its global expansion strategy. Clear Street’s ambition is to grow beyond North America into the UK, Europe, and other international markets. According to Ed Tilly, President and…
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