Trading
FCA asks two trading firms to improve algorithmic controls after review
Regulator steps up scrutiny of high-speed traders as sector grows
2 min read
FCA faces backlash after choosing lowest bidder for bond data contract
Industry raises concerns over UK bond consolidated tape as unsuccessful bidder mounts legal challenge
6 min read
Citigroup looks to add staff to Middle East ‘trading hub’
‘There’s probably a bit more of a need for talent out there,’ Citi’s Emea markets head tells Financial News
2 min read
Citadel Securities’ average UK pay hits $1.3m as trading firms battle for talent
US market-maker joins rivals in boosting awards at London office
2 min read
Hudson River Trading hikes UK staff pay as volatility boosts revenue
The US trading firm paid staff more than £1m each on average at one of its UK entities
2 min read
Why the London Stock Exchange needs to go it alone
Spinning the London Stock Exchange out of its data-obsessed parent would give the City a champion with only one mission: UK growth
4 min read
Citigroup taps Morgan Stanley for head of European futures execution
Jason Woods joins Citi after 17 years at Morgan Stanley
2 min read
Trading firm Mako to wind down unit hit by FCA fine
The London-headquartered business was fined £1.7m by the City regulator in February over cum-ex trades
2 min read
London Stock Exchange strikes AI deal with Databricks
The bourse owner is adding AI agents to its financial information offering as it pushes deeper into analytics
2 min read
LSEG drops London Stock Exchange imagery from group website
The move comes as market participants question the LSE’s place within the FTSE 100 data and analytics juggernaut
3 min read
LSEG finance chief bets £900,000 on exchange owner’s struggling shares
Shares in the bourse owner and data provider are down 28% so far this year, but CFO Michel-Alain Proch is upping his stake
2 min read
London Stock Exchange Group shares are down 25%. What next for its data strategy?
It’s the second worst performing stock in the FTSE 100 over the last six months. Are investors losing faith in LSEG’s new direction?
Electronic market maker Optiver boosts average UK pay to £600,000
The Dutch trading firm’s UK business grew its income by 34% last year
Trading firm Tower Research cuts UK pay after revenue slump
The US firm’s UK arm has booked a 67% drop in net trading income
Euronext to enter blue-chip index as share price rallies
Pan-European bourse owner’s stock price is up 28% so far this year
1 min read
Dutch trading firm Webb ceases UK business after years of losses
Webb Traders booked nearly £1m in UK losses before it stopped trading
2 min read
DRW taps banks and hedge funds for two dozen London traders
The US market-maker’s hires include former Nomura executive Asa Attwell
2 min read
An $8bn-a-day dark stock market is coming to Europe
OneChronos wants to disrupt the age-old system for buying and selling stocks
4 min read
FCA warns of insider trading risk at corporate brokers
City watchdog takes aim at smaller brokers for ‘unacceptable’ breaches of personal dealing policies
2 min read