Jeffries Names John Bajus as Head of International Electronic Trading Services

Published on   Sep 14, 2010
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Jefferies has announced the appointment of John Bajus as Head of International Electronic Trading Services within the firm's Equities Group. In this new role, Mr. Bajus will be based in London and responsible for expanding Jefferies' international equities electronic trading products, including portfolio trading, algorithmic trading and direct market access.

"We are excited to have John join our rapidly expanding team as he is one of the most experienced professionals in the institutional electronic trading world, with a proven track record of building global businesses," said Daniel Charney, Global Head of Electronic Trading Services at Jefferies. "Having spent over a decade in international sales and trading, John brings the necessary leadership and talent to help expand Jefferies' business globally. This hiring represents another example of our firm's commitment to becoming a global leader in electronic solutions for institutional clients."

Jason Griffith, Global Head of Equities at Jefferies, commented, "We are pleased to welcome John to Jefferies and are confident that his extensive experience and established relationships will make a meaningful and immediate contribution to our global equities platform."

Andrew Shortland, Head of European Equities at Jefferies, added, "I am delighted that John will be leading this important area for Jefferies outside the US as we expand our full product offering to institutional clients."

Mr. Bajus joins Jefferies from UBS, where he was a Managing Director and Co-Head of Program and Cash Sales Trading for the Americas.

The Cost Of Liquidity In The FX Market

Oct 27, 2014
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On July 3, 2013, the courts pronounced caveat emptor with respect to execution performance in the FX market. U.S. District Judge Denise Cote threw out a lawsuit, which accused JPMorgan Chase & Co. of breaching a fiduciary duty to custodial clients by charging “hidden and excessive mark-ups” on currency trades. Judge Lewis Kaplan dismissed a lawsuit directed at officials of Bank of New York Mellon, for ignoring “red flags” or knowing that trades were being processed at the worst or near-worst prices of the day.

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