Market News

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...

Propellant adds TRACE data to global FI data platform

Propellant Digital is adding TRACE data to its global fixed income data platform, increasing its coverage of US and European bond and derivative data. Vincent...