Market News

FCA demands action on dealer liquidity risk management ‘not fit for environment’

The UK’s Financial Conduct Authority (FCA) has warned wholesale brokers of heightened liquidity risk in a letter to chief executives in the sector from...

S&P Global warns of great debt ‘reset’ as economics break down

The level of global debt is reaching crisis point, according to analysis from S&P Global Ratings, with debt issuance leading to lower levels of...

Citi’s global head of rates and currencies for corporates expands role

New York-based Flavio Figueiredo has been named global head of corporate sales & solutions for Citi, in an expansion of his prior role as...

Glue42 to connect trading interface for Broadridge

Broadridge Financial Solutions will use Glue42, a software provider that delivers integrated desktop experiences to financial institutions globally, to help deliver a seamless trading...

Concannon to take the reins at MarketAxess

Market operator, MarketAxess, will see current CEO and chairman Rick McVey become executive chairman from 3 April 2023 as Chris Concannon, currently president and...

Schleifer: “Explosive growth” for desktop interoperability as Finsemble goes solo

Cosaic is spinning off its desktop interoperability platform, Finsemble, following the sale of its Chart IQ to S&P Global, as a new company. The...

Tradeteq expands into private debt issuance

Tradeteq, the technology provider for securitisation-as-a-service and bank asset distribution, is expanding into private debt and real assets in an effort to help banks,...

Tradeweb and MarketAxess see credit volumes increase over 25% in December

Market operators MarketAxess and Tradeweb have released their December trading levels, with both seeing a monthly increase of 25% in credit trading average daily...

Veiner and Vara named co-heads of global trading at BlackRock

BlackRock has promoted Dan Veiner and Jatin Vara to co-heads of global trading, replacing Supurna VedBrat, who will leave the firm. “The actions we announced...