La startup française Sorare, l’une des mieux valorisés en France à 4,6 milliards d’euros, se trouve dans le viseur du régulateur qui estime que son activité se confond sous certains aspects avec des paris sportifs. Sorare a jusqu’à l’automne pour […]
Author: Daniel
What constitutes a back-up trading venue in a nuclear attack?
It’s a mad question to ask, but in the world of business continuity, people are paid to ask it: If nuclear weapons are used, how could businesses continue to function? For investment banks, hedge funds and electronic trading firms specifically, […]
Dupliquant le modèle israélien, la France inaugure le Campus cyber à la Défense
La France est en train de regrouper les meilleurs experts en cybersécurité du pays dans le quartier d’affaires de La Défense, à Paris, réunissant des startups et des grandes entreprises pour s’attaquer au fléau du piratage informatique, a déclaré mardi […]
Les opérateurs de marchés misent sur la prudence après la Fed
Les principales Bourses européennes évoluent en baisse en début de séance jeudi au lendemain des annonces de la Réserve fédérale qui alimentent les inquiétudes sur le rythme du resserrement monétaire à venir aux États-Unis. Certains analystes prévoient 4 hausses des […]
Quantum computing specialist hiring globally after trading breakthrough
It’s not just Goldman Sachs and JPMorgan that are making breakthroughs in quantum computing. After Goldman Sachs recently revealed the success of some of its Monte Carlo simulations using quantum techniques developed by start-up QC Ware, Cambridge Quantum Computing (CQC), said today […]
The pay at Jane Street last year was enormous
If you’re a quant trader or a financial services technologist nowadays, you will probably have heard of Jane Street. You may also want to work there. Many try. Few succeed: the company says only a “small percentage” of applicants are accepted for […]
Goldman traders are leaving for hedge funds before bonuses are paid
Goldman Sachs has developed a new execution algorithm. In an announcement last week, the firm said it launched a new algo called ‘AXIS’ on its Atlas high speed trading platform, and that the early results were “very promising.” This may be so, […]
Trading floors locked down as air purifiers shipped-in
It’s not just social distancing or working in back-up offices miles away from London and Wall Street that might slow the spread of the virus in banking. Banks are also implementing strict isolation procedures for trading floors. And some in the industry are putting […]
Should you resign after two years in your finance job?
There’s one thing we all have in common as financial services professionals here in the United States. We have the highest professional voluntary job turnover out of our economic competitors. According to HealthStatus, two of the top 5 stressors we […]
Meet Bank of America’s new managing directors in Asia
Bank of America has elevated 74 people in its global markets unit to managing director, but few of them are based in Asia. There are some exceptions, however, and the vast majority of these newly promoted Asian MDs work in Bank of […]