The times are changing.
Yet another indication of that came last week with GTS, an electronic market maker, purchasing the designated market maker (DMM) trading business of London-based bank Barclays.
Barclays' exit from the DMM space is yet another indication of the electronification of the markets. As Ari Rubenstein, co-founder and CEO of GTS, explains to WatersTechnology, it's the obvious next step for an industry that continues to transition to a phase more focused on big data and technology
James and Anthony talk about the looming Sibos event in Toronto and take a look at some recent M&A activity and blockchain developments in the capital markets.Subscribe to Weekly Wrap emails