Tradeweb completes electronic swaption trade
Tradeweb has completed the first fully electronic request-for-market (RFM) swaption package trade on its Swap Execution Facility (TW SEF).
Since the inaugural trade was executed...
Banks buy into LSEG’s Post Trade Solutions
Banks using LSEG’s post-trade solutions have taken a 20% stake in the business, paying £170 million for the shares.
The transaction is expected to close...
Marex picks up Valcourt in FI expansion
Marex has acquired European market maker Valcourt in a bid to expand its fixed income business.
Following regulatory approval, the acquisition will close in H1...
Tradeweb launches Saudi ATS
Tradeweb has expanded its alternative trading system to cover Sukuk and Saudi Riyal (SAR)-denominated debt instrument execution.
The company was licensed by the Capital Market...
While rates trading hummed in Q3, “cockroaches” hide
Jamie Dimon, CEO at JP Morgan, warned that recent corporate blow-ups may presage wider credit issues: “When you see one cockroach, there are probably...
US credit issuance hit record highs in September
US credit issuance was at its highest level since May 2020 at the start of September, pushing average daily notional volumes up 4% year-on-year...
US rates volatility, e-trading decline in September
E-trading was down five percentage points year-on-year (YoY) and one percentage point month-on-month (MoM) in US rates over September, taking 54% of overall volumes.
Dealer-to-client...
Societe Generale hires Anu Iyanda
Societe Generale has appointed Anu Iyanda as an emerging markets credit trader in London.
Iyanda joins from HSBC, where he spent over three years trading...
Majdalani joins BNPP
Ray Majdalani has joined BNP Paribas as an emerging markets credit trader. He is based in London.
BNP Paribas reported €10 billion in net banking...
Bonds.com integrates RFQ into corporate bonds order book
Bonds.com has added a request for quote (RFQ) protocol to its corporate bond order book, using MultiLynq’s multi-dealer messaging and connectivity capabilities.
Operated by interdealer...
