NowCM and Liquidnet look to accelerate new issue workflow
The NowCM Group, a system and infrastructure provider for the primary debt markets, has worked with Liquidnet, the investment and block trading specialist, to...
In pictures: Government bond market liquidity costs spike
Both volume and bid-ask spreads have blown out in the UK government bond (Gilt) market, as seen in the latest TraX data from MarketAxess, which...
Jim Kwiatkowski named CEO of LTX, Toffey becomes chairman of the board
LTX, Broadridge Financial Solutions' bond, digital trading business, has promoted Jim Kwiatkowski to the role of CEO.
Jim Toffey, co-founder of LTX, will succeed Art...
ICMA proposes post-trade deferral regime for sovereign bonds
The international Capital Markets Association (ICMA) has proposed a deferral regime for post-trade sovereign bond data, to counter the ‘complicated’ approach currently allowed.
In...
Nick Garrow joins Trading Technologies as EVP multi-asset and buy side
Trading software, infrastructure and data solutions provider, Trading Technologies International, has hired London-based industry veteran Nick Garrow in the new position of EVP multi-asset...
State Street serves up ‘Cods and Chips’ in European bond market rigging case
State Street has helped to uncover chatrooms, including one called "Cods and Chips" that are alleged to have been used by sell-side traders to...
FDIC drive to issue US bank debt
Banks in the US have been asked by Government agencies to issue new debt to support their stability under a new proposal by the...
Tradeweb launches iNAV calculation service with BlackRock onboard
Multi-asset marketplace operator, Tradeweb, has launched a market data service to calculate real-time Indicative Net Asset Values (iNAVs) for exchange-traded funds (ETFs). BlackRock became...
New York Fed economists see US Treasury liquidity at crisis levels
Current US Treasury market liquidity is comparable with the 2007-09 global financial crisis and the March 2020 crisis, particularly for the two-year note, according...
Sidi Shatku poached by BofA
SMBC’s former head of Emerging Markets (EM) Credit Trading in Europe, Middle East and Africa (EMEA), Sidi Shatku, has joined BofA’s EM credit trading...
