Brokerage, dealing

Citadel recruits Mecane

Global market-maker Citadel Securities has recruited Joe Mecane as Head of Execution services. He will lead the firm's equity, options, and exchange-traded funds businesses, bringing his electronic trading experience and market structure expertise to bear on behalf of clients. He joins from...
ICRV adds Eris as electronification grows in fixed income

The ICRV brokerage team of ICAP now offers electronic and voice-brokered Eris Swap Futures. ICRV is a market broker focused on relative value (RV) extending its trading algorithms and expertise to a global client base. Eris is now on its growing list of liquid markets. ICRV can execute custom...
NEX clarifies PBT (statutory)

NEX Group has now responded to our request for clarification of the profits before tax (statutory) item in the summary of its just-published accounts, posted here earlier today. The explanation is broadly as follows. "The statutory PBT from continuing operations are up from 27 million to 120...

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