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Coinbase’s digital finance trading head returns to State Street as automation, analytics and platform services lead

The TRADE

Delikaris rejoins the firm from Coinbase, where he most recently served as head of digital finance trading. Previously, he served as State Street’s global head of algorithmic trading, securities finance. Welcome back to State Street, Nick!”

Finance 105
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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.

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People Moves Monday: Weekly round up

The TRADE

Citi appointed Leo Arduini as interim head of FX, effectively immediately, according to an internal memo seen by 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.

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Expansion of US equity options consolidated tape go live delayed

The TRADE

Speaking to The TRADE, David Taylor, chief executive of trading infrastructure provider, Exegy, explained: “That’s an enormous amount of data. In terms of how prepared the market is for such a move, Taylor told The TRADE: “I think most firms are prepared or preparing as well as they can.

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The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain?

The TRADE

Among the SEC’s reforms is the proposal to amend certain rules under Reg NMS to adopt variable minimum pricing increments – or tick sizes – for the quoting and trading of NMS stocks. Looking at tick size too, if you don’t get that right, you can reduce and fragment liquidity and make it more costly to trade.”

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Understanding the Difference Between Hedge Funds and Private Equity

MergersCorp M&A International

These funds typically invest in publicly traded securities and derivatives, allowing for a wide range of investment tactics that can include long and short positions, derivatives trading, and leveraging. Hedge funds also focus on maximizing returns in any market condition, whether bullish or bearish.

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SPAC Trend Gives Rise to Securities Enforcement and Litigation Risks

Cooley M&A

A SPAC is a publicly traded shell company with no underlying operating business that seeks to merge with a target operating company. This combination is commonly referred to as the initial business combination or the de-SPAC transaction. What is a SPAC. Special purpose acquisition companies (SPACs) are on the rise.