Citadel confirms Chang to join in September
Citadel has confirmed that Isaac Chang, the head of trading at AQR Capital Management since 2016, will join the Citadel hedge fund in September...
BoE’s limited window could punish the gilt-y
The Bank of England’s limited UK government bond (gilt) purchase operations have been confirmed to close on Friday, putting tight brackets around buy-side firms’...
Office of Financial Research: Treasury basis trades could pose systemic risk
A new paper from the Office of Financial Research (OFR) has cast doubt on the idea that basis trades increased the lack of liquidity...
Risk profiling electronic market makers after Jane Street, Jump re-rated
Last year, Jane Street and Jump Trading had their rating outlooks upgraded by ratings agencies, as they overcame potential hurdles facing their businesses. Electronic...
Fink: BlackRock’s private credit strategy ties Prequin and Aladdin
In BlackRock’s second quarter (Q2) earnings call, CEO and chairman, Larry Fink, has set out the firm’s vision of expansion into private credit markets.
He...
Trivedi joins Nuveen Credit Strategies Income Fund, expanding asset allocation
Nuveen Credit Strategies Income Fund has seen the firm’s head of structured credit, Himani Trivedi, appointed to the firm’s portfolio management team.
Trivedi is...
Odd-lot bond case alleges pressure on Bloomberg and collusion
In the US Southern District Court of New York, a class-action lawsuit has been brought against a group of banks, alleging that since 1...
ING’s AI is smarter at pricing bonds
By Flora McFarlane.
ING has launched Katana, a new artificially intelligent (AI) bond trading tool which uses predictive analytics to help price trades for clients....
Bloomberg wins over AB and Capital Group with BVAL
AllianceBernstein (AB) and Capital Group have both selected Bloomberg's evaluated pricing service (BVAL) to benchmark and corroborate end-of-day values for US fixed income portfolio...
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...
