LSE Completes Turquoise Acquisition

Prior to his appointment, Lester had held the CIO position with the LSE since 2001 (DWT, June 11, 2001). He has been succeeded by Antoine Shagoury (DWT, Feb. 18). Lester will continue to hold the title of director of information services with LSE Group.

Turquoise will continue to trade under its present name, say LSE officials. "[Turquoise] will benefit from synergies with the LSE infrastructure and its migration to the Millen­niumIT trading technology," says an LSE spokesperson. The exchange

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SEC squares off with broker-dealers over data analytics usage

The Gensler administration has ruffled feathers in the broker-dealer community with a new proposal seeking to limit their use of predictive data analytics. But at the heart of this deal is something far more seismic: one of the first attempts by the SEC to regulate AI.

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