MARKET NEWS
BNP Paribas loses Puget to BlueCrest
Francois Puget has joined fixed income macro trading firm BlueCrest Capital Management as a senior portfolio manager after almost 30 years with BNP Paribas.
Based...
CME markets down as data centre overheats
Markets are currently halted at CME Group due to an overheating data centre.
The Globex futures and options market, cash FX EBS market and direct...
US retail goes big on directly-held bonds
Retail investors are leaning back into bonds, according to a recent Coalition Greenwich report – and are increasingly owning them directly, rather than through...
Doriane Geyler Rojas joins Ostrum AM
Doriane Geyler Rojas has been appointed business manager and project lead within the "direction des gestions" at Ostrum Asset Management.
Ostrum AM says it manages...
“Carelessness, inattention, inadequate safeguards”: FCA hits back at Ediphy
The FCA has disputed Ediphy’s allegations that its consolidated tape provider e-auction process experienced a technical fault, and did not register its weighted average...
S&P Global acquires With Intelligence
S&P Global has acquired private markets data, insights and analytics firm With Intelligence in a US$1.8 billion deal.
The company announced in October that it...
FEATURES
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
Trade size growth undercuts European bond market ‘equitification’
Since 2023 European corporate bond markets have seen trades size grow, as trading platforms report increasing volumes
“If we break down electronic trading growth in European...
The pretenders, and kingmakers, to the bond throne
Dealers are backing several new trading platforms who are fighting major incumbents for market share.
In the bond market, the trading platform landscape has been...
Declaration of dependence
US president to oversee financial institution regulation amid deregulation drive.
Executive orders signed by US president, Donald Trump, have given him oversight of all US...
PROFILES
RESEARCH
Bond traders predict data science/AI use explosion in 2026
The DESK’s Corporate Bond Liquidity Access Survey, supported by LTX, finds trading desks are on the cusp of change.
Buy-side traders see 2026 as a turning...
Subscriber
Credit Spotlight
RISK & RETURN
FROM THE ARCHIVES
Surveillance is only as good as the data that fuels it
Passing the test on market abuse regulatory obligations will increasingly mean being “data fit”
By Anthony Belcher, Head of EMEA, ICE Data Services
When market...
US credit trade sizes shrink in August
Average daily trade sizes across all US credit fell 12% month-on-month (MoM) to US$363 thousand after strong July performances, but still grew by 3%...
Trumid names Jason Quinn as Global Head of Sales
Trumid names Jason Quinn as Global Head of Sales as company continues to expand its trading footprint and to lead firm's commercial direction, including product...
SEC requests comment on evolution of buy-side internal crossing rules
The US Securities and Exchange Commission’s Division of Investment Management Staff has published a statement to elicit feedback on ways to enhance its regulatory...
Exclusive: David Kalita new CEO at Quantitative Brokers
David Kalita,
CEO, Quantitative Brokers.
David Kalita has been named chief executive officer at Quantitative Brokers (QB),the provider of execution algorithms and data-driven analytics for...
Jim Leaviss leaves industry, Andrew Chorlton joins M&G Investments
Jim Leaviss, chief investment officer for M&G Investments’ fixed income division, is leaving the firm. He is replaced by Andrew Chorlton, currently head of...
Seth Johnson joins LedgerEdge in senior advisory role
Bond-trading platform, LedgerEdge, has appointed Seth Johnson to the firm as a senior advisor. Johnson will focus on commercial plan and growth, including business...
SEC pushes for transparency of municipal bond issuers
By Pia Hecher.
US market regulator the Securities and Exchange Commission (SEC) amended its Securities Exchange Act on 20 August 2018, to enhance disclosure of...
Ba leads multi-asset trading at Banque de Luxembourg
Abdoulaye Ba has been promoted to head of multi-asset trading at Banque de Luxembourg.
He replaces Quentin Gaget, who has held the role since 2023.
Banque...
People: Hunter leaves MarketAxess; Louchard at AXA IM
Nichola Hunter has left MarketAxess as head of its rates business. Hunter joined the firm in 2020 when it acquired government bond marketplace LiquidityEdge,...
Axe Trading appoint new CEO
Greville Lucking appointed CEO at AxeTrading
LONDON, 13 April 2022 – AxeTrading, the fixed income trading software company, announced today the appointment of Greville Lucking...
Adaptive: The Modernization Mandate – Who Calls the Shots on Trading Tech?
The Modernization Mandate: Who Calls the Shots on Trading Tech?
Capital markets are at a critical inflection point, with firms navigating a complex transition from...
