News

Popular Articles

Goldman lost $687m on two days during August turmoil

The need to keep generating trading profits means the US banking giant has to take greater risks Goldman Sachs experienced a total trading loss of...

Citadel Securities paid US$943m for retail US equity, options order flow in nine months

Large market makers are paying billions to access retail orders in stocks and options, a controversial practice banned in most countries outside the US.  Citadel...

MillTechFX partners with Investec to launch margin free FX hedging solution

MillTechFX the fintech affiliate of Millennium Global Investments, has partnered with Investec Bank to provide fund managers with a margin-free foreign exchange (FX) hedging...

Citi denies sexual harassment claim from former equities MD; exodus continues with EMEA equities sales head

Dirk Keijer has left Citi as part of a round of redundancies, in the same week that former equities MD Ardith Lindsey sues for...

Eurex denies getting swamped by “corrupted” messages as HFT dispute escalates

French HFT firm Mosaic claimed that market participants lost €75m after Eurex allowed rivals to flood its systems with corrupted ethernet messages ahead of...