Kessler, Biltoo, Wachovia

HERD

Kessler Joins Veronis Suhler Stevenson

Veronis Suhler Stevenson

, a New York-based media merchant bank, has hired Michael Kessler as managing director, overseeing its business information services. Kessler previously helped direct CIBC World Markets’ business services and enterprise software units. The appointment is part of an effort to expand the business information services unit.

Biltoo Leaves CreditTrade

Krishna Biltoo

has left CreditTrade, officials at the broker and data vendor confirmed last

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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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