Jane Street and Citadel Securities Race Deeper Into Bond Markets
After conquering stocks, electronic market makers are finally gaining ground in fixed income.
After conquering stocks, electronic market makers are finally gaining ground in fixed income.
As Wall Street braces for the new era of faster settlement times across securities, Citigroup Inc.’s global custody business is leaving nothing to chance after taking measures to avoid failed trades ahead of the end-May deadline.
BlackRock Inc., the world’s largest money manager, cut fewer than 10 jobs in its municipal bond department under the new leadership of Patrick Haskell, according to a person familiar with the matter.
The world’s largest cryptocurrency investment vehicle saw a net inflow of investor money for the first time since US exchange-traded funds holding the digital asset were allowed in January.
It’s too easy to lose money with the tools, majority of survey respondents said.
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