Tag: GTS

GTS

BNP Signs Treasuries Deal with GTS

BNP Paribas and non-bank market making firm GTS, have announced a strategic collaboration, which they say, marks “a new era for banks and electronic market makers”.
Under terms of the strategic collaboration, BNP Paribas will seek to improve the client experience by providing improved pricing in the secondary market for US Treasuries by the addition of GTS liquidity into its pricing framework. A dedicated team from both firms will leverage a mutually developed technology platform that seeks to provide BNP Paribas with access to greater liquidity.

Pillitteri Joins HC Tech

Giovanni Pillitteri has joined HC Technologies in New York. He was most recently managing director and global head of FX trading at Global Trading Systems (GTS).

Pillitteri joined GTS in February 2016 to help the non-bank market making firm gain a foothold in FX. Prior to GTS, Pillitteri spent his career on the banking side. Most recently, he spent four years with Morgan Stanley, last as managing director and global head of FX and interest rates e-trading.

Before that, he was with Citi for nearly five years, last as a managing director, co-head of FX automatic trading, based in New York.

Non-Bank LPs Prove Their Worth During Brexit Volatility

Following the results of the UK referendum decision to leave the European Union last week the common consensus amongst FX market participants has been that the biggest surprise – apart from the result itself – was how well the FX market handled the resultant volatility. “Two months ago if you’d told me that we’d have […]

Non-Bank LPs Prove Their Worth During Brexit Volatility

Following the results of the UK referendum decision to leave the European Union last week the common consensus amongst FX market participants has been that the biggest surprise – apart from the result itself – was how well the FX market handled the resultant volatility. “Two months ago if you’d told me that we’d have […]