Market News

LoopFX goes live

FX liquidity network LoopFX has gone live after three years of development. A total of 15 asset managers and banks have executed agreements with the...

JP Morgan taps Tradeweb for automated EGB basis trade

JP Morgan has selected Tradeweb for the execution of its first fully-automated European government bond (EGB) basis request-for-quote (RFQ) transaction. Tradeweb’s platform allows for in-competition...

BlackRock and Standard Chartered make first India trade on MarketAxess

BlackRock and Standard Chartered have executed the first trade on MarketAxess’s Indian government bond (IGB) electronic trading solution. MarketAxess became the first firm to offer...

Cifu steps back at Virtu

Co-founder Douglas Cifu has retired from Virtu Financial, with chief technology officer Aaron Simons taking on the CEO position. Cifu will remain an advisor to...

Listed derivatives automation platform InTick gets £2m boost

Listed derivatives blocking network InTick has secured £2 million in funding from angel investors, following its launch during the ICE Gilt and Eurex fixed...

Citi Markets bets on Asia growth

Citi Markets expects to increase headcounts in its Asia rates and prime businesses over the next year as market activity booms, it says. The company...

JPM and PGGM use Eurex Clearing’s DLT train for collateral mobilisation

Eurex Clearing has launched a DLT-enabled collateral mobilisation service in collaboration with HQLAX and Clearstream, aiming to simplify the collateral management process. Using DLT collateral...

Octaura partners with CreditSights for enhanced data provisions

Clients of syndicated loans electronic trading, data and analytics firm Octaura will soon be able to access LevFin Insights (FLI) data and news through...

Veiner switches to head of markets at BlackRock

Dan Veiner has been promoted to head of markets at BlackRock Global Markets and Index investments (BGM). The business combines BlackRock’s market-facing functions with the...