FCA, TraditionData, Saxo, and More: Executive Moves of the Week

FCA confirms pay for research model with joint payment option for fund managers

The UK’s financial conduct authority (FCA) has implemented new rules allowing fund managers to pay for research with a joint payment option. Previously, the FCA had introduced a joint payment option for Mifid firms (including those managing segregated investments) in 2023 – following recommendations from the UK ‘investment research review’ recommended several measures to improve the investment research market.Following this, proposed changes to …

FCA, TraditionData, Saxo, and More: Executive Moves of the Week

This week: London's financial regulator, the FCA, onboarded David Geale as Executive Director for Payments and Digital Finance, and the Managing Director of the Payment Systems Regulator, Former LSEG Director, joined Michael Suppa at TraditionData, while Saxo now has a new UK Head of Compliance.Elsewhere, Tickmill's Loukas Priovolos moved to Deriv, Cor Prime appointed Tim Bevan as CEO, eToro enlisted a new MD for Singapore and Asia, Rapyd onboar…