Exclusive: Carl James to leave Pictet Asset Management
Carl James, global head of fixed income trading at Pictet Asset Management is leaving the firm in April to take his first non-buy-side role...
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...
Exclusive: New xBK head, Dragan Skoko, discusses BNY Mellon’s new outsourced trading
BNY Mellon has launched a new outsourced trading offering for buy-side institutions globally, including asset managers and asset owners.
The offering by BNY Mellon...
Liquidnet and BondAuction collaborate on OMS connectivity
Market operator Liquidnet, and BondAuction, an auction platform for the primary debt capital markets, are partnering to provide their mutual clients access to BondAuction’s...
Primary market consolidation as NowCM acquires Nivaura’s IT and IP
NowCM Group CEO and Founder Robert Koller says the firm has entered into an asset purchase agreement to acquire all digital and IP assets...
SEC fines Bloomberg US$5 million for failure to disclose single quotes as BVAL source
Market operator and data provider, Bloomberg, has been fined US$5 million by US market regulator the Securities and Exchange Commission (SEC) for failing to...
Sherpa Edge Trading to close
Outsourced trading provider Sherpa Edge is to close. A statement posted by the firm said, “Efforts to roll-out buy-side trade execution have been challenging....
FNZ acquiring bond portfolio management tool YieldX
FNZ, the wealth management platform, has agreed to acquire YieldX, the US-based provider of fixed income portfolio management technology, optimisation services and direct indexing...
PGIM: Research indicates liquidity event is tail risk with greatest impact
In a survey of 400 senior investment decision-makers at institutional investors in Australia, China, Germany, Japan, the UK and the US with a combined...
Dealers warned about counterparty credit risk by ECB head
Using a blog post, Andrea Enria, chair of the Supervisory Board of the European Central Bank (ECB) has highlighted risks facing the sell-side around...