MARKET NEWS
“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$1.8 billion deal.
The company announced in October that it...
Eurex offers PLN swap clearing market
Eurex is developing a Polish Zloty (PLN) interest rate swap clearing market in light of EMIR 3.0 requirements.
The increased netting opportunities this provides will...
MacIndoe leaves Millennium Advisors
Fixed income trader Michael MacIndoe has left Millennium Advisors after seven years with the company.
MacIndoe has been in the industry for 15 years, with...
Pellous steps up at Aviva Investors
Fabrice Pellous has been promoted to head of global high yield at Aviva Investors.
Based in London, he reports to head of the capital opportunities...
Markets mourn Cassandra Seier
Markets are mourning Cassandra Seier, who passed away this weekend.
Throughout her almost 30-year career, Seier held numerous senior roles and she spent more than...
FEATURES
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ 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
Bondtape provides CT taxonomy to clarify definitions
Draft tender documents for the bond consolidated tape (CT) are expected by the end of the month, but there are still inconsistencies around market...
BNY goes live with Dublin EU trading desk
BNY has established a trading desk in Dublin, supporting EU-based clients across global fixed income and equity markets. Bianca Gould, head of EMEA equities...
Mark Eardley returns to Commerzbank in algo trading
Commerzbank has hired Mark Eardley as an algorithmic trading specialist in London.
He rejoins the bank after eight years at UBS, where he was director...
The big issue
Corporate bond issuance has boomed at the start of 2024, at a point when rates are peaking. They may not be that high in...
Refinitiv: Machine learning in finance hindered by data
By Pia Hecher.
Refinitiv, the financial markets data and infrastructure provider, found that 90% of financial firms it surveyed deploy machine learning (ML) and 75%...
Opening the black box: SOLVE’s new AI claims to predict ‘next-trade’ bond prices
SOLVE, provider of pre-trade quotes data across fixed income markets, has rolled out an artificial intelligence platform (AI) that is designed to predict the...
Bank of England warns of risks in fast fixed income markets
By TheDESK
Chris Salmon, executive director for markets at the Bank of England has warned that risk management techniques need to develop to handle the...
Exhaustion with US Treasury issuance a matter of time
The US is issuing two, five and seven year Treasury bonds this week, the second of which will be issued today. The five-year bond...
Corporate bonds : How big is credit? : Joel Clark
STANDING ROOM ONLY FOR CREDIT PLATFORMS.
As corporate bond trading platforms do battle, the size of the prize is not clear. Joel Clark reports.
How much...
ABN AMRO Investment Solutions using BNP Paribas for outsourced dealing
BNP Paribas’s Securities Services business has been selected to provide ABN AMRO Investment Solutions with a range of dealing and middle office outsourcing services....
Retail investors add £125m to UK T-Bill market
Opening UK Treasury Bills to retail investors has introduced £125 million of investor capital into the market, according to PrimaryBid.
The capital markets technology platform...
Symphony partners with Digital Asset to tackle syndicated loans
Market communication and infrastructure provider Symphony is partnering with Digital Asset, a distributed ledger and infrastructure specialist, to create straight through processing (STP) workflows...
