TR Names Sales & Trading Execs

Thomson Reuters last week named Shanker Ramamurthy president of its Sales & Trading division, replacing Mark Redwood, who left the vendor last year to become chairman of Sporting Index Group.

Ramamurthy, previously general manager of IBM’s Global Banking and Financial Markets business, will be responsible for growing the division and for overseeing the services it provides to trading floors, including its Eikon desktop platform. The vendor also hired Bill Harts as head of strategy for the

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CME: CFTC OKs clearing move to Google Cloud

The CFTC has given the Chicago-based exchange approval to run its clearing and settlement infrastructure on the Google Cloud Platform, while the exchange and vendor have extended their partnership to last until at least 2037.

Once a blockchain cheerleader, Axoni changes its playbook

The fintech, whose origins can be traced back to the genesis of capital markets’ complicated flirtation with DLT, has largely ditched the tech as the foundation of its data synchronization offering, opting for more familiar territory.

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