Nagel will also leave the Executive Board of KfW Group and join the Bank for International Settlements in Basel on 1 November. Andreas Gottschling is expected to join the Supervisory Board of Deutsche Börse in Nagel’s place in the beginning of July. Gottschling has been a member of the Zurich-based Credit Suisse Group’s board of…
Read more
Global Fintech provider Broadridge Financial Solutions, Inc. (NYSE:BR), announced that LTX, its new AI-driven corporate bonds trading platform, has executed its first trades. In the creation of LTX, Broadridge partnered with Jim Toffey, founder of Tradeweb Markets. The platform combines artificial intelligence (AI) with a new digital execution protocol that allows broker-dealers to improve market liquidity,…
Read more
UK inflation sinks to four-year low London markets closed before the American Covid-19 case news drove US-listed shares into the red; the FTSE 100 gained 0.2% on Wednesday, with the FTSE 250 up 0.7%. In economic news, the UK inflation rate slowed to 0.5% in May, its lowest level since mid 2016. One major drag…
Read more
EUROPEAN SHARES European share markets opened mostly lower on Thursday, following a similar trend overnight in Asia, as investors’ appetite for risk loses momentum. This decreasing interest towards riskier assets came after there were rises in infections in more and more locations, sparking fresh concerns about the economic recovery. Even if the recent reassuring macro…
Read more
Jim Toffey, CEO of LiquidX and Vijay Mayadas, President, Global Fixed Income and Analytics at Broadridge, lead LTX with the support of a team of fixed income sales and trading professionals, technologists and data scientists. LTX platform combines AI to locate and connect natural counterparties with a new digital protocol, RFX. It allows dealers to…
Read more
Infinox’s clients can access MetaTrader 5 from both desktop and mobile devices. Anthony Stubbs, IX Capital Group Limited CEO, commented: INFINOX prides itself on providing a premium client service and a range of trading tools across multiple assets. The addition of the MetaTrader 5 platform to our product offering continues our commitment to provide our…
Read more
What to watch National Grid: Compared to the wider market of London-listed stocks, it has been smooth sailing for National Grid in 2020 so far. The firm’s share price is close to breakeven for the year, and has essentially been flat for months. National Grid reports its latest set of quarterly earnings on Thursday. Currently,…
Read more
Prior to joining Liquidnet, Telang spent 16 years at Goldman Sachs, where he oversaw the modernization of its equity algorithmic trading systems, stimulating significant increase in volumes and its institutional client base. He has been head of Equities Electronic Trading Engineering for the Americas for the last five years, leading the development and global rollout…
Read more
Mazrouei continued: Are we going to have a second wave or not? I hope not. I hope we’re not going to limit travel and we will go back to at least a consumption level that is reasonable. Now we are back to the consumption level of 2013, believe it or not. Mazrouei did not define…
Read more
Book continued: By bundling all asset classes, our customers will also benefit from further synergies on our trading and clearing platforms. Together, we will focus even more on finding innovative answers to the structural changes in the markets. Paul Hilgers said: I am really looking forward to my new role at Deutsche Börse, which I…
Read more