MARKET NEWS
Bloomberg facilitates European government bonds electronic list trade
Bloomberg has executed the first electronic list trade in European government bonds though its multilateral trading facility (MTF), with its evaluated pricing service (BVAL)...
Markus Sauerland joins NowCM as COO, co-CEO
Market infrastructure and issuance provider NowCM has appointed Markus Sauerland as its new chief operating officer and co-CEO, alongside current CEO Robert Koller, effective...
Direct streaming builds support at TradeTech
The evolution of bond trading, through the smart application of technology and increasingly sophisticated market making is promising to deliver better execution, said Lynn...
Bosworth Monck joins Aeon Investments advisory board
Credit-focused investment manager Aeon Investments has appointed Bosworth Monck to its advisory board.
Monck has more than three decades of industry experience, most recently spending...
Neil Palan joins Sarasin & Partners
Neil Palan has joined Sarasin & Partners, an investment manager with £18.8 billion in assets under management, as a multi-asset trader.
Palan spent 16...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
FEATURES
Jupiter AM: Training to trade against heavyweight rivals in fixed income
Jupiter Asset Management has trained its trading team on data and analytics in order to beat its rivals to the punch when finding liquidity...
Buy side hails positive development of STP for bond issuance
Risk warning lights flashing on buy-side trading desks could be assuaged thanks to industry collaboration on primary markets.
It seems incongruous that the 50-year old...
Balancing short and long term liquidity provision
Best execution on a trade-by-trade basis is too simplistic a measure of liquidity provision; The DESK looks at best practice for longer term liquidity...
The Tenth Annual Trading Intentions Survey
Key parts of bond market electronification are still up for contention, with stiff competition across pre-trade, primary and secondary market services.
In 2024 The DESK...
Lars Salmon: On internal strength
Fidelity International has homegrown internal expertise and tech, to support a fixed income trading team that can weather all markets.
Lars Salmon is head of...
Systematic, hydromatic; can credit get as fast as greased lightning?
Some investment firms have claimed they can fully systematise credit trading by 2025, The DESK investigates.
Investment managers and banks are rapidly adopting systematic approaches...
PROFILES
RESEARCH
The Tenth Annual Trading Intentions Survey
Key parts of bond market electronification are still up for contention, with stiff competition across pre-trade, primary and secondary market services.
In 2024 The DESK...
PAST PROFILES
FROM THE ARCHIVES
DTCC proposes equity settlement cycle be shortened to T+1 within two years
The Depository Trust & Clearing Corporation (DTCC), the US post-trade utility has released a two-year industry roadmap for shortening the settlement cycle for US...
Coalition: Banks’ FICC trading victory in 2020 through remote working and market volatility
Remote working did not hold back sell-side firms in 2020 according to data from analyst firm Coalition. Full year investment banking revenues increased by...
Algomi taps bonds held in custody to release liquidity
BNY Mellon and HSBC are each partnering with pre-trade bond data specialist Algomi, to expand corporate bond trading opportunities for their custody clients and...
Goldman Sachs hit 12-year record for Global Markets in 2021
Goldman Sachs has seen its Global Markets division generate net revenues of US$22.08 billion, the highest annual net revenues in 12 years, which the...
Getting better liquidity through efficient trading
Several new and evolving trends are providing access to pricing and liquidity for buy-side firms, as Olivier Cajfinger, managing director and head of global...
FILS USA 2022: How material will desktop Interoperability be for traders?
The rollout of FDC3 as a standard to support desktop interoperability between different applications has generated considerable interest in the trading community.
Dwayne Middleton, global...
PIMCO to use Algomi ALFA for liquidity sourcing
PIMCO, one of the world’s largest fixed income investment managers by assets under management will begin using Algomi ALFA, the pre-trade data aggregator for...
Primary concern : FIXing issuance
Efforts are underway to automate debt offerings and give the buy side greater control. Lynn Strongin Dodds reports.
Initial public and debt offerings can be...
LSEG: Helping traders construct a single view of the market
Trading desks can customise their technology thanks to greater data democratisation and desktop interoperability, making trade analysis more effective than ever. This will allow...
AFME: Buy- and sell-side debate value of new bond trading protocols
At the inaugural AFME Bond Trading, Innovation and Evolution Forum, panellists discussed the future opportunities of the international bond markets. As the discussion drew...
Credit : Information overload : Dan Barnes
Dealer axes: Can’t see the wood for the trees
A proliferation of axes and inventories are making dealer data hard to consume by trading desks....
Exoé signs Sherpa Edge Trading as linked agent in Northern Europe
Sherpa Edge Trading is entering into a linked agent agreement with outsourced trading provider Exoé. This partnership will bring Exoé’s buy-side outsourced multi-asset trading...
