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Algo advances create overlap between US equities’ single-stock and program trading

The TRADE

This overlapping distinction has been attributed to the rise of electronic execution for program trades and the increasingly sophisticated algorithms for single-stock trading, which represent a greater shift towards e-trading. Between workflow innovation and good old-fashion inflation, the definition of program trading itself is now in flux.

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Redburn Atlantic execution teams undergo redraft with four additions and three departures

The TRADE

Among the additions is Reto Meroni who has joined Redburn Atlantic’s Zurich office to build out its execution presence with Swiss accounts. In the US, Finn Maloney has joined Redburn Atlantic’s US execution team to help with the ongoing build out of its US electronic offering.

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Buy the dip on these credit card giants as stablecoin weakness is overblown, says Wells Fargo

CNBC: Investing

MA V mountain 2025-06-17 MA vs. V, in past week Fandetti points out that stablecoins are reminiscent of account-to-account payments, a method through which funds are transferred between two bank accounts — bypassing intermediaries such as payment processors. However, the method isn't widely used, he noted.

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Clear Street taps Bank of America for new head of clearing

The TRADE

Read more – Clear Street names new head of prime brokerage Previously in his career, he has also held senior roles at Morgan Stanley and Goldman Sachs, working across areas including electronic trading, broker dealer clearing business, product development and account management. Tufano’s appointment follows the launch of Clear Street’ clearing (..)

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Agentic AI Musings

Beyond M&A

For example, this was the entire UX (User Experience) to ask for the blog to be written: Hiring an agent was a novel concept, taking the Fiver and UpWork model to a different realm where the worker is electronic and doesnt pitch for the work (yet). Like ChatGPT, you need to register an account, and youre ready.

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People Moves Monday: Peel Hunt, Redburn Atlantic, RBC Capital Markets, Citi, and more…

The TRADE

Peel Hunt Redburn Atlantic’s head of electronic trading has left the firm to join UK investment bank Peel Hunt, as revealed by The TRADE. He replaces Nishad Vallonthaiel as head of electronic trading. He replaces Nishad Vallonthaiel as head of electronic trading. A spokesperson for Peel Hunt confirmed the move.

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Elliott has built a stake in Global Payments. How the activist can help the company lift its share price

CNBC: Investing

It provides flexible commercial payments, accounts payable and electronic payment alternative solutions that support B2B payment processes for businesses and governments. Through its Issuer Solutions segment, it provides financial institutions and retailers technologies to manage their card portfolios.