UBS Pursuit of Brazil High-Frequency Trading Brings No. 1 Rank
UBS AG’s bet on high-frequency trading helped it overtake Swiss rival Credit Suisse Group AG in Brazil’s equity markets for the first time. High-speed trading is the only part of Brazil’s stock market that’s growing, as fees, trading volume and new-share offerings decline. Before UBS bought Sao Paulo-based Link Investimentos…
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