092506

HERD

Schwartz Moves to BarCap

Douglas Schwartz

has left UBS to join Barclays Capital in the newly-created role of client services manager in the bank’s e-commerce group. Schwartz’s group is responsible for several internal products used in the sales, interdealer broker, leveraged finance and research groups. He reports to James Deighton, head of the Client Service Group USA. At UBS, Schwartz was project manager in the ITI – Market Data Services group, responsible for project management and engineering

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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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