Herd in Review


January
: SIX Telekurs began the year by appointing Thomas Gross, former head of securities operations at Credit Suisse, as its new chief executive, replacing Jorg Buser, who had served as acting CEO since the departure of Marc Carletti last year. Interactive Data promoted Cort Williams to president of sales for institutional business and Roger Sargeant to managing director for institutional business outside North America. Complex event processing software vendor StreamBase Systems promoted co

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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