Bank of America Merrill Lynch (BofA Merrill) has launched an algorithmic trading strategy, Instinct. Instinct provides a suite of global algorithmic trading tools used by institutional equity clients and features five urgency levels to achieve a broad set of trading objectives.
The strategy, currently available in the US, Europe, Middle East and Africa (EMEA) and Asia, supports trading in diverse market conditions across varying market caps, employs a suite of real-time signals and uses a quantitative model that calculates order tradability and parameters.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.