The Financial Conduct Authority (FCA) has banned John Christopher Hughes from performing any function in relation to any regulated activity in the financial services industry for failings related to US$2.3 billion unauthorised trading losses by another trader Kweku Mawuli Adoboli.
UBS is pleased to announce the launch of SwapsDirect, the firm's high-capacity algorithmic trading platform for U.S. equity swaps.
Bloomberg Indexes, the independent, global index provider, today announced it has completed the acquisition of Australia's leading bond index family from UBS.
Lab49 is pleased to announce its involvement as a partner in the development of the UBS Neo platform.
Tyfone, a cyber and mobile secure ID and secure transaction solutions provider, today announces the appointment of Nizar Jamal as the company's chief technology officer.
UBS Investment Bank acting as an introducing broker, completed the first trade today involving an end customer entering an order via the UBS Neo Execution Services platform, which was automatically routed to trueEx and executed against the anonymous central limit order book (CLOB).
UBS Fund Services, a global fund administrator, today announced that it has signed agreements with SunGard and HazelTree to offer UBS Frontier Platform - a leading edge front and middle office solution.
Swiss bank UBS is to outsource large parts of its fixed income technology infrastructure to Murex and ION, according to Reuters.
On the day it was fined EUR725 million by the EU for rate rigging, Deutsche Bank has confirmed that it has banned traders from using chat rooms, which have proved a fruitful hunting ground for regulators sniffing out market manipulation.
UBS has become the latest bank to ban traders from using multi-dealer and social chat rooms, which are being trawled by regulators for evidence of market manipulation.
© Finextra Research 2015