Day: 19 October 2020

And Finally…

There was an interesting development from the Royal Bank of Canada last week when it announced that it had launched a new AI-based trading platform for its equities business, and I, for one, am very interested to see how – if at all – the trading style offers something different. I do believe that when […]

Perkins, Wilson, to Lead Citi Clearing and PB Unit

Sources familiar with the matter tell Profit & Loss that Chris Perkins, head of Citi’s FX prime brokerage and OTC clearing business, and Sabrina Wilson, head of futures, OTC clearing and prime brokerage division in Europe, have been named co-heads of the bank’s futures, OTC clearing and prime brokerage business under the banner FCX. Perkins […]

FSB Publishes Libor Transition Roadmap

The Financial Stability Board (FSB) has published a global transition roadmap for Libor that sets out a timetable of actions for financial and non-financial sector firms to take in order to ensure a smooth transition by end-2021. In July the FSB reaffirmed that financial and non-financial sector firms across all jurisdictions should continue their efforts to make wider […]

Profit & Loss is no longer publishing

Thank you for 21 great years of support