Greco, founder of Direct Match, appointed MD at GTS… and he’s hiring
Jim Greco has been named managing director at market maker GTS, and has already launched a recruitment drive for coders to join his team.
Greco...
Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
FlexTrade integrates IHS Markit pre-trade TCA data into EMS
FlexTrade, the multi-asset execution and order management system provider, and IHS Markit, the analytics and solutions provider to buy- and sell-side firms, are integrating...
Tradeweb’s annual client letter – in full
The annual letter to clients from Tradeweb’s CEO and chair, Lee Olesky, and president and CEO-elect, Billy Hult, has been published, noting the tough...
HSBC integrates with Bloomberg AIM to support post-trade efficiency
HSBC and Bloomberg have integrated Bloomberg AIM, the ubiquitous firm’s investment and order management system (OMS), with HSBC’s middle office technology and operational expertise...
US Treasuries: You can’t handle the truth
Editorial by Dan Barnes.
Nobody wants responsibility for the US Treasuries market. We checked.
In 2014 The DESK approached every US financial regulator and authority to...
FILS 2021: Dealers outline strategy for direct connectivity
Buy-side traders are seeing their sell-side counterparts offering direct streamed prices as an alternative source for data and direct trading, which dealers see as...
LGIM saves US clients’ trading costs but pays US$500k fine for crossing trades
Legal and General Investment Management Americas (LGIMA) has accepted a fine of US$500,000 for failing to comply with Securities and Exchange Commission (SEC) rules...
Are issuers predicting a 6% Fed Funds rate?
Bond issuance has continued to beat expectations in February 2023. Last month saw 774 investment grade bonds issued globally, for a notional value of...
Overbond releases AI-driven margin optimisation tool
Overbond has released an artificial intelligence (AI) powered margin optimisation add-on that integrates with its existing suite of AI-driven fixed income analytics. Sell-side traders...
