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POSITION KEEPING

Flatley Defects to Deutsche Bank

Former managing director of electronic trading services at Banc of America Securities (BAS), Rob Flatley, has joined Deutsche Bank Securities as managing director and head of global electronic execution. Flatley will report to the head of global equity in North America, Robert Karofsky, and head of global prime services, John Hitchon. At BAS, Flatley was instrumental in the electronic trading services group's launch of a block-execution service in 2004. He also

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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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