Sector: Trading

Japan and the dark pool age

It’s something of a paradox: Japan is one of the most technologically advanced nations on Earth and yet its financial institutions have long turned their backs on technological advancements. Things though could be about to change, Japan could be about to enter the dark pool age. Writing in electronic trading journal FIXGlobal, the CEO of [...]

Mizuho hiring goes electronic

Japan trails behind Europe and the US when it comes to electronic trading, but Japanese banks may finally be about to get in on the act. And that could mean job creation. Mizuho has hired 16 former Lehman Brothers employees, including Lehman’s former head of electronic trading sales in Asia, to form a new electronic [...]

Bilingual openings at new exchange?

Recruiting has started for a joint venture in Tokyo between the Tokyo and London stock exchanges that will offer a funding option for smaller companies . A spokesman for the Tokyo Stock Exchange told us that the new market will need staff to monitor nominated advisors and transactions, as well as people to market the [...]

Equity slump hits hiring

Hiring freezes, shrinking bonuses and ailing equity markets? It’s a tough time to be in equity sales or trading in Tokyo. Massive falls in the benchmark Nikkei N225 (Reuters), coupled with global cost cutting, have taken their toll on banking sector hiring. Jeremy Sanderson, CEO at Icon Partners, says hiring levels in equity derivative sales, [...]

Lehman and Bear to draw blood in Asia?

Will the crisis at Bear Stearns, and Lehman’s plan to axe 5% of its global workforce, mean heads will roll in Asia? Lehman is making no formal comment on the plans but it’s understood that while cuts will be made across all businesses in all regions, the majority of the redundancies will bite in the [...]