Independently operated US equities sell-side dark pool, LeveL ATS, and buy-side block trading venue, Luminex Trading & Analytics, have completed their merger according to a story in The Trade news. The pair confirmed their intentions to merge in September last year, shortly after Nasdaq acquired a minority stake in LeveL ATS in August, joining existing investors Bank of America, Citi and Fidelity. The two venues will continue to operate as two separate alternative trading systems (ATS) under one broker dealer and LeveL ATS’ chief executive, Whit Conary, has been named chief...

Cboe Global Markets has made several changes to its senior management team, reflecting the company’s recent global expansion and plans for its next phase of growth, according to a story in The Trade news. The changes include the promotion of David Howson to the role of president of Cboe Global Markets, effective 12 May 2022. Howson, who currently serves as executive vice president at Cboe and president for Europe and Asia Pacific, will relocate from London to Chicago to assume his new role. He will replace Ed Tilly as president of Cboe Global Markets, with the latter serving in the position...

Bank of New York Mellon Corp. Chief Executive Todd Gibbons plans to retire, after a nearly three-year tenure in which he steered the custody bank through the upheaval of the coronavirus pandemic. According to a story in The Wall Street Journal, the company confirmed that it is naming Vice Chair Robin Vince to be its new CEO. Mr. Gibbons will step down on Aug. 31, with Mr. Vince serving as president and CEO-elect until then. Mr. Vince is also expected to replace Mr. Gibbons on the bank’s board.

Nomura Holdings, Inc. is about to revamp its Future Innovation Company into a newly established Digital Company, effective April 1, 2022, the firm announced. Future Innovation Company was established in April 2019 and focused on planning and developing digital services. According to a story in Finance Feeds news, the reorganization aims to strengthen collaboration in the digital domain across Nomura subsidiaries, including its international operations, and foster initiatives in the name of its new strategic mission, which includes further business development and global...

Broadridge Financial Solutions’ artificial intelligence-driven digital trading platform, LTX, has successfully integrated with the Charles River Investment Management Solution (Charles River IMS) according to a story in The Trade news. The complete integration allows users of Charles River’s order and execution management system (OEMS) to access aggregated liquidity more efficiently and leverage transparency and price discovery within their workflows via existing relationships with their dealers. The LTX e-trading platform uses data science and RFX, its own patented trading protocol, to...

The New York Stock Exchange, part of Intercontinental Exchange, Inc announced the launch of the NYSE Sustainability Advisory Council. The council will bring together select sustainability leaders within the NYSE community of more than 2,400 listed companies to identify and share global best practices addressing environmental, social and governance (ESG) issues. Elizabeth King, ICE’s Chief Regulatory Officer and President of ICE ESG, will chair the council.

On Monday March 7, 2022 at 4pm ET, FIF will host a webinar on Current Developments in Trading Technology. The webinar will include discussion of the following topics: converting voice communications to structured electronic data; 24-hour trading; trends in working from home and returning to the office; outsourced trading; risk data and analytics; inter-operability; and machine learning. Ivy Schmerken of FlexTrade, will moderate the panel. The panelists will be Matthew Brown of Blue Ocean ATS, Rajiv Kedia of FlexTrade and Mike Smith of IPC. Please register here to join us for this...

On Wednesday March 9, 2022 at 1 pm ET, Satish Kini and Robert Dura of the Debevoise law firm will provide an update on the recent OFAC sanctions against Russia, including recent Directives under Executive Order 14024. The invite for this presentation has been sent to the members of the FIF Compliance Working Group and the FIF Front Office and Back Office Committees. If you are interested in attending this presentation and do not have the invite in your calendar, please either update your profile or email us at This email address is being protected from spambots. You need JavaScript enabled...

On Thursday March 10, 2022 at 3pm ET, FIF will host a spotlight presentation on Chief Compliance Officer liability. Patrick Campbell of the Baker Hostetler law firm and Adam Felsenthal, General Counsel of Great Point Partners, will discuss a report by the Compliance Committee of the New York City Bar Association that details concerns about compliance officer liability and calls on regulators to provide limitations and guidance on when a compliance officer should be charged. They will also discuss the “no under influence over chief compliance officer” provision in the SEC’s recent rule...