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HERD

eSpeed Loses Bookbinder

Stephen Bookbinder

has left his position as senior managing director and head of sales at trading system vendor eSpeed after joining it in 2004 from Bloomberg. According to a company statement, he left "following a mutual decision." Bookbinder moved to eSpeed last year after spending 14 years as director of sales for Bloomberg Tradebook (IMD, July 26, 2004). eSpeed COO Paul Saltzman is overseeing sales in the interim.

Barra's Backshall Joins CMA

Tim Backshall

last month

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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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