Roughton joins Propellant
Propellant Digital has named Helena Roughton as a product manager, specialising in regulation.
In the London-based role, Roughton is responsible for Propellant’s regulatory product roadmap...
CLS onboards BofA for CCS service
Bank of America has gone live on CLS’s cross-currency swaps (CCS) service as FX market turnover grows.
According to the Bank of International Settlements, daily...
US rates volatility falls, volumes drop 20%
Average daily notional volumes (ADNV) were down 20% year-on-year (YoY) in US rates trading, falling to US$1.069 billion. Volatility dropped by 32% YoY to...
US credit trading volumes tumble from March peak
Average daily notional volumes (ADNV) dropped in US credit during April, while trade sizes crept up.
Total ADNV was down 5% year-on-year (YoY) and 12%...
UK eyes extended settlement, pushes tokenisation
The UK is inching its way towards 24/7 settlement, with the Bank of England issuing a consultation paper about bringing the CHAPS payment and...
S&P Global veteran moves to Virtu
Michael Richter has joined Virtu Financial as an analyst on the business development team.
Trading solutions provider Virtu reported US$1.1 billion in total revenues over...
Gross joins Federated Hermes
Carlos Gross has joined Federated Hermes as head of European credit opportunities. He is based in London.
Federated Hermes holds US$902.6 billion in assets under...
Exante targets SMAs with portfolio management infrastructure
Prime broker Exante has launched a portfolio management system designed to help firms scale and meet demand for separately managed accounts.
Allocator has been developed...
US credit traders watch volumes, e-trading grow
Average daily notional volumes (ADNV) in US corporate bonds have been rising steadily since 2022, already hitting US$49.8 billion year-to-date. According to asset managers...
Sutherland promoted at Schroders
Neil Sutherland has been promoted to head of US fixed income trading at Schroders.
He is based in New York.
Schroders reported £823.7 billion in assets...
