Market News

LTX gains five heavyweight dealers

Five major banks have joined Broadridge-backed corporate bond e-trading platform LTX. Goldman Sachs, JP Morgan, TD Securities, Morgan Stanley, and Bank of America are now...

CME expands repo benchmarks to US

CME Group has expanded its RepoFunds Rates benchmark collection, measuring overnight funding costs in the US repo market. Using data from centrally cleared overnight US...

TS Imagine taps OpenYield for bond trading

OpenYield has connected its all-to-all fixed income alternative trading system (ATS) to TS Imagine’s multi-asset execution management system, TradeSmart. This will grant TradeSmart users access...

MarketAxess offers retail access to institutional liquidity

MarketAxess is opening up its institutional liquidity and pricing to retail clients through a partnership with AI investment management platform Moment. Large wealth manager and...

BME FI turnover spikes, SIX Group drops

Despite BME’s fixed income trading turnover was up almost twofold year-on-year (YoY) in April, SIX Group saw a 7.3% month-on-month (MoM) decline in fixed...

Bissett-Johnson promoted at Deutsche Bank

Oliver Bissett-Johnson has been named head of EMEA ASL fixed income trading at Deutsche Bank. He is based in London. Deutsche Bank reported €2.9 billion...

Muni e-trading hits surprise Q1 record

E-trading in municipal bonds was up 2 percentage points year-on-year (YoY) in Q1 2025, representing 20.6% of the market – beating the previous record...

Broadridge’s DLR grows at slower pace in April

Broadridge’s distributed ledger repo (DLR) saw average daily volumes reach US$368 billion, up 268% year-on-year (YoY) and almost 4% month-on-month (MoM). A total US$7.7 trillion...

Vounakis leaves Mizuho

Mizuho’s head of credit trading, Aristo Vounakis, has left the firm. For the nine months ended 31 December 2025, Mizuho reported US$4.1 billion in trading...