Automation becomes life or death struggle for bond trading desks
The survival of traditional buyside bond trading desks is becoming an increasingly contentious issue, as automation takes over routine execution and portfolio managers gain...
FILS Europe: FCA defends 80% CTP deferrals as helping market makers under stress
New transparency regimes in the EU and UK have been, according to regulators, a great success. At FILS Europe, regulators and market makers looked...
FILS Europe: Bond CTPs fight against ‘free riders’ and ‘pollution’
After a bombshell poll result at FILS Europe on Tuesday, consolidated tape providers (CTPs) have hit back at the idea that the tapes are...
FILS Europe: Long live chat communications
Despite the industry focus on automating every aspect of the trading process, some panelists at FILS Europe jumped to the defence of chat communications.
The...
FILS Europe: Buy-side rallies against axe flood
After complaints that trading venues are flooded with axes, the buy-side are taking it into their own hands to weed out poor performers.
“We don’t...
FILS Europe: “RFQs will be obsolete”, traders predict
For many, request for quote (RFQ) is a default electronic trading protocol. But panellists at FILS Europe suggested that the strategy needs to evolve...
FILS Europe: Vanguard automates 70% of trades, others urge caution
Automation and AI have been conference buzzwords for years, but the real use cases are now coming to light – and many are urging...
Tradeweb’s crown stays solid in US credit e-trading battle
Electronic US credit trading volumes are growing, and Tradeweb is seeing off the competition.
A true picture of the US credit trading landscape is hard...
NatWest quits primary dealership
Traditional sell-side bond trading desks are coming under increasing pressure from alternative liquidity providers and automated trading platforms. The latest casualty: NatWest.
NatWest Markets recently...
Bloomberg challenges Tradeweb for JGB electronic trading market share
Bloomberg has expanded its electronic trading capabilities in Japanese government bonds (JGBs), creeping into a market currently dominated by Tradeweb with market-on-close (MOC) capabilities.
Electronic...
