Barclays Share Discussion Threads

[hasin] 13/12/2019 07:51

The best of the clowns won or least of the worst liars.

[johnwise] 13/12/2019 06:39

Corbyn Nation wrecking Communists have been crushed. Perfect, love it Tory for another 5 years. Looking forward to continuing with more food banks, longer waiting time at A&R, zero hour work contracts,pothole roads and uncontrolled immigration ..

[joe say] 13/12/2019 04:11

He's goneYeeeeeee hah

[joe say] 13/12/2019 03:45

Swinson goneLying deceitful undemocratic ex MP

[joe say] 13/12/2019 03:38

Soubrey goneFantastic

[portside1] 13/12/2019 02:38

Gina millar hope she now shuts her big stupid mouth she is just a evil rat a two legged rat

[joe say] 13/12/2019 02:22

Hope notBest asset we've gotRegardsBoris

[portside1] 13/12/2019 02:20

Corbyn to resign in the morning

[diku] 12/12/2019 22:58

180p tomorrow?..

[fjgooner] 12/12/2019 22:31

Bye bye to the Commie scumbags - don't waste your time ever coming back in this country. You're not wanted.

Now our beloved country can return to being a decent investable, democracy with certainty on security and playing a safe innings on the world stage.

It's great that we're now entering a completely Corbyn-neutral future.

Happy days.

[johnwise] 12/12/2019 16:56

HAPPY HANUKKAH: President Trump Celebrates at the White House

VIDEO

[portside1] 12/12/2019 15:59

It appears the money men no the result it's a boris win by a long way

[jordaggy] 12/12/2019 15:09

If Corby gets in...they'll soon be dumping big time!

[portside1] 12/12/2019 14:35

But the big boys are buying

[portside1] 12/12/2019 14:20

Holders panicking and selling

[johnwise] 12/12/2019 11:46

“Wolves of Wall Street I” by famed British photographer David Yarrow sold at Art Miami for $200,000 this week.

[bernie37] 12/12/2019 11:16

Bloomberg) -- Electronic market maker GTS agreed to buy Barclays Plc’s automated U.S. options trading division.

About 40 Barclays employees will join GTS as part of the deal, according to a statement Wednesday. They include Kirill Gelman, who will continue to run a business that quotes prices for more than 735,000 securities and handles about 2% of exchange-listed U.S. equity options volume.

Banks such as Barclays used to play a bigger role making markets on exchanges, but they’ve been muscled out by high-frequency trading firms including GTS, Citadel Securities and Virtu Financial Inc., whose focus on speed and efficiency gives them an edge. GTS, with help from a previous takeover of a Barclays division, is one of the largest traders on the New York Stock Exchange.

“We looked at virtually every options business that had material size and a solid reputation, and decided this was the New York Yankees of options,” Ari Rubenstein, co-founder and chief executive officer of GTS, said in an interview. “The principals of this team have operated impeccably together for over a decade. It’s one of the few price-making businesses left at a bank that’s impressive.”

Barclays generated 1.48 billion pounds ($1.95 billion) of revenue from equities trading in the first nine months of 2019, down 11% from a year earlier. The firm didn’t break out how much revenue comes from the Automated Volatility Trading unit.

“Barclays did a really good job continuing to invest in this business,” Rubenstein said.

A Barclays spokeswoman declined to comment. Bloomberg News reported in August that Barclays and GTS were negotiating a deal.

The transaction adds equity options to the roster of assets GTS trades, a list that already included stocks, exchange-traded funds, Treasuries, futures and currencies.

The New York-based firm bought Cantor Fitzgerald LP’s ETF unit earlier this year, bringing aboard industry legend Reggie Browne. In 2016 it picked up a Barclays division that now oversees NYSE floor trading for major companies including Exxon Mobil Corp., Alibaba Group Holding Ltd. and AT&T Inc.

[jordaggy] 12/12/2019 11:11

Must be in the billions? could be a special divi on the way?

[diku] 12/12/2019 08:38

So no figures?...sold at a profit/loss?...


Global Trading Systems (GTS), the largest designated market maker on the New York Stock Exchange, has closed the deal to acquire Barclays’ equities automated options trading unit’s assets. Financial terms of the deal were not disclosed.

[johnwise] 12/12/2019 07:29

Barclays Sells Equity Options Market Making Business to GTS to refocus its strategy and develop its core business lines.

Global Trading Systems (GTS), the largest designated market maker on the New York Stock Exchange, has closed the deal to acquire Barclays’ equities automated options trading unit’s assets. Financial terms of the deal were not disclosed.

[portside1] 11/12/2019 20:22

Tomorrow is the most defining day I British politicsTo save the U.K. from being destroy by the Labour Party That is fact .If the conservatives do not win with a majority .It will be time to sell up and move out of the U.K.Labour or lib policies would with out doubt destroyThe U.K. big time ,But that has been corbyns idea all is vile Iife

[portside1] 11/12/2019 19:08

I can give you first class info Spain France and Germany are in trouble big time Millions to lose their jobs ,