Correction: Ira Herenstein has not left Primark but is working at Mycalendar.com in a consulting role to the chairman in addition to his marketing role at Primark.

Joanna Ray has just joined Salomon Smith Barney in London in charge of market data. She joins from Nomura, where she also worked in a market data role. Ray did not return phone calls by press time. According to sources, Rae will work with the global market data group in New York. She is reportedly filling the spot held by John Bopp

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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.

Why recent failures are a catalyst for DLT’s success

Deutsche Bank’s Mathew Kathayanat and Jie Yi Lee argue that DLT's high-profile failures don't mean the technology is dead. Now that the hype has died down, the path is cleared for more measured decisions about DLT’s applications.

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