Bloomberg’s Conte Makes the Switch to Pivot

Daniel Conte, former president and managing director of Bloomberg Tradebook Europe, has joined Jersey City-based liquidity management and collaboration software vendor Pivot as managing director and head of sales.

Reporting to CEO John Eley, Conte will be charged with growing the geographical footprint of the vendor and its products, including expanding into European markets during 2011.

Conte spent five years at Bloomberg, which included the role of global head of foreign exchange (FX)

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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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