Barclays swats away volatility with Q1 FICC trading results
There are two rivalries in European banks’ fixed income trading revenues. Barclays and BNP Paribas are the heavyweights, sitting in the €1-2 billion bracket,...
S&P Global automates muni allocations
S&P Global Market Intelligence has launched an automated municipal bond allocation tool.
Integrated into the firm’s muni issuance solution, Municipal Bookbuild, the Municipal Bond Allotment...
Trumid brings automation to credit voice trading
Trumid has bolstered its services with Smart Voice, an LLM-driven tool that auto-populates credit trade tickets based on unstructured conversations.
“Despite all the growth in...
Saudi Arabia joins JP Morgan, Bloomberg indices
Saudi Arabia’s SAR-denominated sovereign sukuk is set to become part of JP Morgan’s emerging markets government bond (GBI-EM) global diversified index and Bloomberg’s EM...
TransFICC automates credit quote and trade negotiation
TransFICC has released a credit trading and quote negotiation automation tool for dealers pricing on dealer-to-client venues.
Credit Agent routes dealers’ enquiries to stream prices,...
Coalition Greenwich: Fixed income driving futures revenue growth for dealers
Global futures volumes are up 71% between 2019 and 2025 with fixed income being the engine for that growth. A new Crisil Coalition Greenwich...
Barclays argues lower capital costs on gilts supports UK borrowing
Barclays has published a report making the case for lowering capital costs to hold UK government debt, in order to lower the costs fo...
HQLAX gains funding, plans Canton Network migration
Broadridge and Digital Asset have made minority investments in digital collateral mobility solutions provider HQLAX.
The investments follow increased interest in digital asset solutions across...
US trading revenue gains come with a risk warning
S&P Global analysts have warned that global banks’ financing of market makers is increasing profits but also ratcheting up risk – while US banks’...
Japan eyes on-chain JGB collateral
Mizuho, Nomura, the Japan Securities Clearing Corporation and Digital Asset have partnered to explore digital collateral management for Japanese government bonds (JGBs).
A proof-of-concept (PoC)...
