Outsourced trading consolidates further with State Street’s new acquisition
State Street Corporation has entered into a definitive agreement to acquire CF Global Trading, a global firm specialising in outsourced trading on an agency...
Overbond launches trade size-sensitive AI bond liquidity and pricing analytics
Overbond, the API-based credit trading automation and execution service, has launched artificial intelligence-driven liquidity and price confidence analytics, that are designed to auto-adapt to...
Krungsri Asset Management adopts Charles River’s strategic cloud solution
Krungsri Asset Management, the Thai asset management firm has transitioned its front office operation to Charles River’s cloud-based platform.
Krungsri Asset uses the Charles...
Did UBS/CS deal terms just revalue the entire AT1 bond market?
Buy-side trading desks say they are looking at the risk of contagion across financials, following the takeover of troubled Credit Suisse by UBS, for...
Dealers had ‘exceptional’ 2022 for fixed income; JP Morgan tops Q1 DCM winners
Research by front-office technology provider, valantic FSA, and analyst firm, Acuiti, has found that 52% of dealers had an ‘exceptional’ year for fixed income...
The week in summary: Credit Suisse; fixed income liquidity; ‘Who died?’
This week has been very challenging for buy-side trading desks as broker-dealers struggle to price bonds, and uncertainty gripped markets.
“I was off Monday, came...
Exclusive: FENICS Invitations closes
Multiple market sources have confirmed that Fenics Invitations has closed.
The execution service, run by interdealer broker BGC Partners, was intended to provide an all-day...
Tim Cook joins Tradeweb
Tim Cook has been named director for emerging markets at market operator Tradeweb.
Cook was the head of business development at LedgerEdge until the...
Bloomberg to buy Broadway Technology in boost to rates trading
Bloomberg has entered into an agreement to acquire Broadway Technology, a fixed-income execution management system (EMS) provider. This acquisition will help Bloomberg to...
E-trading platforms see booming credit volumes
Trading platforms have reported a bumper month in February for credit trading. Multi-asset market operator Tradeweb has reported total trading volume for February 2023...
