Quest Partners LLC, a New York-based, quantitative trading firm, has dispensed with several legacy vendors for market data and infrastructure services, and is using solutions from vendor QuantHouse for core trading requirements. Quest is registered with the CFTC as a commodity trading advisor (CTA) and a commodity pool operator, officials say. It’s also a member… Read More >>
Cargill Fined $10M for Alleged Swaps Trading Violations
The CFTC reports that it has simultaneously filed and settled charges against Cargill, alleging that the Minnesota-based agricultural, commodity, and financial services giant sent swaps counterparties and a swaps data repository (SDR) “inaccurate marks” that obscured “up to ninety percent of Cargill’s mark-up.” The settlement order means that Cargill, Inc. will pay a $10 Million… Read More >>
RJO Hires from UBS for UK Post
Futures brokerage and clearing firm R.J. O’Brien & Associates (RJO), has appointed Paul Goodhew as senior vice president and head of global markets at its London-based R.J. O’Brien (UK) Ltd. affiliate, according to a company statement. Most recently, Goodhew worked as an executive director UBS. In his new role, Goodhew will focus on “expanding the… Read More >>
