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Bank of England and FCA to launch joint Digital Securities Sandbox

The TRADE

The Bank of England (BoE) and the UK Financial Conduct Authority (FCA) are working together to operate a new Digital Securities Sandbox (DSS) – a regime that will allow firms to use developing technology in the issuance, trading and settlement of securities. The closing date for responses is 29 May 2024.

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People Moves Monday: Weekly round up

The TRADE

According to the internal memo seen by The TRADE, the bank is conducting a search for a permanent head of FX, with the expectation to fill the position in the coming weeks. Previously, he served as State Street’s global head of algorithmic trading, securities finance.

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The TRADE’s most read stories of 2024, part one: M&A, quant moves, and outsourced trading remits

The TRADE

Torstone is a global SaaS platform for post-trade securities and derivatives processing technology, originally built by and for a global investment bank. As part of the role, Raghavan will serve a broad mandate across both Citadel Asset Management and Citadel Securities.

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