Market News

Proprietary trading firms seek fixed income investment expansion in year ahead

Proprietary trading firms, buoyed by an optimistic outlook for the year ahead, are investing in trading new asset classes, particularly fixed income, with government...

Charlie Collins named head of European credit at Trumid

Fixed income market veteran, Charlie Collins, has been named head of European credit at Trumid. Collins was most recently a managing director at Tradeweb,...

Bank of England launches SWES test for bond markets

The Bank of England (BoE) has published the latest phase of the System-wide Exploratory Scenario (SWES) with bank and non-bank participants provided a hypothetical...

Impact of ICBC hack on trading US Treasuries

Buy-side traders reported limited impacted from the ransomware hack on Industrial and Commercial Bank of China that occurred on Wednesday in US trading hours,...

Former TD Securities head of US Treasury trading indicted for alleged spoofing

A federal grand jury in the US has returned an indictment charging Jeyakumar ‘Jack’ Nadarajah, formerly TD Securities’ head of US Treasury trading, with...

Exclusive: Stacey Parsons joins PrimaryBid

Capital markets technology firm, PrimaryBid, has appointed Stacey Parsons as managing director and head of fixed income. Parsons’ appointment is expected to accelerate PrimaryBid’s...

Ioana Scripcaru poached by Citadel Securities

Ioana Scripcaru has been named head of sterling trading at Citadel Securities. The sell-side veteran built nearly a decade of experience in the rates...

E-trading fixed income volumes rose in October with risk assets facing headwinds

Electronic trading platforms saw net growth in the fixed income space for October, although risk assets faced headwinds. Tradeweb saw its total trading volume for...

SEC enacts security-based swap execution facilities registration rule

The US Securities and Exchange Commission (SEC) has created a regime for the registration and regulation of security-based swap execution facilities (SBSEFs). The new regulatory...