Joint Working Group Distances Itself As IT Subject Group Goes it Alone

LONDON - The IT Subject Group has split from the MiFID Joint Working Group (JWG), spinning itself off as a separate think tank. The new for-profit entity, to be known as JWG-IT, will be led by MiFID pundit PJ Di Giammarino, who also led the IT Subject Group. He is the director of JWG-IT.

Meanwhile, the JWG issued a statement announcing that it was distancing itself from Di Giammarino's company. In April, the JWG said that "although participants from the IT Subject Group recently formed an

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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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