People moves: Federal Reserve Bank of New York, DataBP, LME, Azentio, and more

A look at some of the key people moves from this week, including Michelle Neal (pictured), who joins the Federal Reserve Bank of New York as head of the markets group.


New York Fed names Neal as head of the markets group

The Federal Reserve Bank of New York has named Michelle Neal as head of the markets group. In this role, she will also be a member of the bank’s executive committee. Neal will join the New York Fed in March. She is currently CEO of US operations at LedgerEdge, a distributed ledger technology (DLT)-powered corporate bonds trading platform.

The markets group’s key activities include implementing market operations consistent with Federal Open

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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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