London Banks Take Tube Strike in Stride

London Underground maintenance workers staged a multi-day service disruption over the collapse of their employer maintenance firm, Metronet. The industrial walkout began at 6 p.m. local time on Monday, Sept. 3 and affected the Bakerloo, Central, Circle, District, East London, Hammersmith & City, Metropolitan, Piccadilly, Victoria and Waterloo & City tube lines. Only the Jubilee and Northern lines, which are maintained by maintenance company Tube Lines, remained unaffected.

After nine hours of

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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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