Compiled by Samara Zwanger

NEWS RETRIEVAL

GARBAN-ICAP TRADES TRADING ROOMS

Garban-Intercapital has completed its trading floor consolidation. When the two firms merged 16 months ago, it ended up with six floors of office space spread across four different buildings in lower Manhattan. Now it has three trading floors in two buildings.

"Over the past year, one of the top priorities for our organization has been consolidating the work force into a more manageable office space," says Ron Purpora, chief executive officer of North American

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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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