Among many other victims of the purges at Dow Jones Markets, a number of big names have been let go. Dennis Warner, right-hand man in Dow Jones Markets' risk group to Henry Becher, who himself was relieved of his duties two weeks ago, has gone. So too has Stuart Peretz who was responsible for sales of the Dow Jones Platform in the Americas. More details of Dow Jones Markets' staff cuts are expected to emerge this week.

David Larr is joining Reuters as director of strategic marketing for

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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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