Euronext and Deutsche Borse drift closer in FI revenues
The gap between fixed income revenues at rival European exchanges Deutsche Borse and Euronext is narrowing, the divide between the two falling by 20%...
Cicada plans LatAm e-trading expansion with US$13.5mn funding round
Cicada has raised US$13.5 million in its Series A funding round, intending to expand its LatAm e-trading offering.
The company aims to offer electronic trading...
PT democratisation through better analytics and residual management
By all measures, Portfolio Trading (PT) as a protocol has reached maturity, accounting for 20% to 25% of all US electronic credit trading. We...
CME Group sees record Treasury open interest
Open interest (OI) in CME Group’s US Treasury futures and options has ballooned to a record high – reaching 36,328,151 contracts on 19 February.
The...
Bloomberg Terminal gains conversational AI interface
Bloomberg has introduced a conversational AI interface, ASKB, into the Bloomberg Terminal.
Shawn Edwards, chief technology officer, commented, “Early feedback from beta clients shows ASKB...
MarketAxess and DirectBooks offer full-lifecycle management
MarketAxess has partnered with DirectBooks, giving mutual clients access to primary issuance information and workflow tools.
The service is expected to go live in Q2.
The...
Guinness onboards Veysey
Craig Veysey has joined Guinness Global Investors as a global fixed income portfolio manager.
As of March 2025, Guinness reported US$10.8 billion in assets under...
Malik appointed at SMBC Group
SMBC Group has hired Kanika Malik as a repo trader in London.
SMBC Group reported US$2.4 billion in net business profits for its global markets...
Maddox swaps TSB for L&G Asset Management
James Maddox has joined L&G Asset Management as a fixed income trader in London.
L&G Asset Management holds a reported £1,117 trillion in assets under...
Harper joins Ares
Michael Harper has joined Ares Management as head of portfolio management for systematic credit. He is based in London.
Ares holds a reported US$623 billion...
