JonesTrading Institutional Services has named Andrew (Andy) Volz as Chief Operating Officer, to oversee the global operations of the firm, across all divisions. Volz reports to Alan Hill, JonesTrading’s CEO.Over the course of the last several years JonesTrading has expanded
As more investors become comfortable outsourcing functions to third-party providers, the importance of excellence in this space is coming into sharper focus. In a part of the industry where services can risk becoming commoditised, providers are keen to demonstrate the
Triad Securities, a full-service, agency-only brokerage firm, has partnered with BestEx Research Group to provide Triad’s clients with access BestEx’s newly-launched, next-generation algorithmic trading platform.Founded and led by industry veteran Hitesh Mittal, who previously served as head of AQR’s Global
Cowen has entered into an agreement to cooperate with Global Prime Partners (GPP) to transition GPP’s International Prime Brokerage business to Cowen. Cowen and GPP will work together to implement this transition efficiently and with a commitment to best serve GPP’s
Asia-Pacific region broker Straits Financial Services is now providing prime-of-prime (PoP) brokerage services to Spotex, a developer of modular, technology systems for foreign exchange brokers and institutional ECN operator. The agreement enables clients to access institutional FX liquidity via Straits Financial
Edge Technology Group, a privately-owned, fully-managed IT service provider for financial firms worldwide, has launched CloudSuite, a multi-cloud platform, purpose-built for the alternative investment community. “CloudSuite is an agile and holistic platform that brings together the best components of the
Velox Clearing (Velox), a new technology-forward clearing firm led by a team of clearing industry veterans with nearly 170 years of collective experience, has officially launched. Velox Clearing aims to provide a robust technology solution that is complemented by best-in-class customer
Financial services provider Siebert Financial Corp is to purchase Weeden Prime Services (Weeden Prime), a prime brokerage services provider. When the deal completes, Weeden Prime will become a wholly-owned subsidiary of Siebert. Founded in 2009, Weeden Prime is a
Boutique prime broker, Invast Global, has launched a Tokyo oneZero Hub in TY3. This development follows on from the unveiling of the Invast LD4 oneZero Hub only three weeks ago. The addition of the TY3 Hub means that clients around
BCS Global Markets (BCS GM), has appointed Andrew Richards as Prime Services Sales Director. Based in London, Richards will be supporting the firm’s expansion by strengthening and expanding the global investor base in the US, Europe, Emerging and frontier markets
