Brokerage, dealing

Silver to join Crédit Suisse

Crédit Suisse reports that its equities business has announced a new hire today. The bank announced internally that Nick Silver will join as Managing Director and Head of Equities for Japan.  Based in Tokyo, he will be responsible for spearheading the growth of the overall Equities franchise, across...
US equity brokerage commissions drop for eighth consecutive year

Total US equity commission payments from institutional investors to brokers have fallen for eight consecutive years and are now down 45 percent from their peak. Those numbers from the Greenwich Associates 2018 US Equity Investors Study illustrate the difficult environment faced by US equity brokers....
Deutsche Börse Group acquires US FX ECN platform

Deutsche Börse has reached a definitive agreement to acquire GTX's ECN business from GAIN Capital Holdings Inc for US$100 million. Deutsche Börse Group's foreign exchange unit 360T thus expands its participation in the global foreign exchange (FX) market. Deutsche Börse says the transaction is in...
Fleury appointed SG CIB Head of Equities & Equity Derivatives

Societe Generale Corporate & Investment Banking (SG CIB) has appointed Alexandre Fleury as Paris-based Head of Equities & Equity Derivatives within Global Markets, with effect from June 1. Fleury will report to Frank Drouet, Head of Global Markets. He has over 20 years of experience in financial...

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