Market News

KNG names Omar Ghalloudi head of emerging market trading

KNG Securities has appointed former Credit Suisse illiquid bond specialist Omar Ghalloudi as head of emerging market (EM) trading. Corporate and distressed bond ‘expert’ Ghalloudi...

AFME welcomes ESMA ‘call for evidence’ on shortening settlement cycles

In response to a ‘call for evidence’ on shortening settlement cycles in the European Union (EU), published by the European Securities and Markets Authority...

Dan Toomey poached by Millennium

Dan Toomey has been named senior trader at Millennium, moving from his previous roll as a portfolio manager at Verition Fund Management, a position...

Bank of England to back the buy side in market turmoil

The Bank of England (BoE) will develop a new lending tool for non-bank financial institutions, starting with UK insurance companies and pension funds, which...

FILS in Barcelona: Breaking up the monoculture

Diversity is not always visible, but its impact is. This was the key takeaway from the panel discussing ‘Launching new Diversity, equity and inclusion...

FILS in Barcelona: ‘Spectre at the feast’ as recession looming despite falling inflation

At FILS 2023, Amir Fergani head of fixed income France & EMEA at Generali Insurance Asset Management, Philippe Waechter, chief economist at Ostrum Asset...

FILS in Barcelona: Generative AI is not going to take our jobs – yet

In a discussion on the potential future impact of AI on financial markets, particularly fixed income, Venky Vemparala of FlexTrade and Plamen Mitkov of...

FILS in Barcelona: What blockchain can do for bond markets

What progress is being made in the world of blockchain, and how is DLT technology transforming the world of digital bonds, crypto trading, and...

FILS in Barcelona: What a T+1 world will look like for fixed income

At FILS 2023, Stephanie Fraser of Baillie Gifford and Katia Felina, head of post-trade product at Bloomberg, discussed the future in both Europe and...