New Firm Combines Market Making, Money Management And Technology; Builds Model To Emulate Specialist

THIS WEEK'S LEAD STORIES

Two former executives of Instinet Corp. and two former executives of Batterymarch Financial Management are forming a broker/dealer and investment advisory firm that will enhance portfolio returns through computerized trading.

William A. Lupien, former chairman and chief executive of Instinet, and Murray Finebaum, former president and chief operating officer, have teamed up with Evan Schulman, former senior vice president of Batterymarch, and John McCormack, former vice president of Batterymarch.

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Nasdaq reshuffles tech divisions post-Adenza

Adenza is now fully integrated into the exchange operator’s ecosystem, bringing opportunities for new business and a fresh perspective on how fintech fits into its strategy.

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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