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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

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

The TRADE

FIS acquires post-trade platform Torstone Technology Coming in at number 10 in our 2024 most read countdown was a major merger and acquisition scoop announced at the start of the year. As revealed by The TRADE and sister publication Global Custodian in February, fintech giant acquired SaaS post-trade platform Torstone Technology.

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