CME’s credit futures volumes quadruple YoY
Q3 2025 average daily volume (ADV) on CME’s dollar denominated credit futures reached US$292.3m, up 390% from Q3 2024, with average open interest (OI)...
Franklin Templeton closes Apera Asset Management acquisition
Franklin Templeton has completed its latest expansion bid, closing the acquisition of Apera Asset Management.
Pan-European private credit company Apera holds more than €5 billion...
Irvine swaps Aberdeen for BNPP AM
Jamie Irvine has joined BNP Paribas Asset Management as a portfolio manager on the global aggregate and absolute return team.
Based in London, he reports...
Verition hires Christian Rasmussen
Christian Rasmussen has joined Verition fund management as head of fixed income finance.
Verition is a multi-strategy, multi-manager hedge fund founded in 2008. They say...
Quantum computing ‘breakthrough’ has “more red flags than a People’s Liberation Army parade”
The claim by HSBC that noise in an IBM quantum computer helped deliver a 34% improvement in algorithmic trading performance has been disputed by...
Landry leads German and Austrian markets at Citi
Sophie Landry has been named head of markets for Germany and Austria at Citi.
Based in Frankfurt, she reports to European head of markets Fabio...
Wells Fargo taps TransFICC’s One API, plans US team expansion
Wells Fargo is now using TransFICC’s One API services.
One API normalises data, trading and post-trade APIs from various venues, bringing them into a single...
China considers alignment with global repo standards
The People’s Bank of China (PBOC) is planning to further open up its bond repo market for overseas institutional investors, potentially adopting the International...
Quantum leap: HSBC, IBM improve bond RFQ fill rate by 34%
HSBC and IBM have reported a 34% improvement in fill-rate modelling for bond request-for-quote (RFQ) using quantum-generated features and common data science algorithms.
The bank–technology...
RBC Capital Markets boosts European leadership
RBC Capital Markets has expanded its European flow rates trading team, naming Ian Hale as head of European inflation trading and promoting Callum Maitland...
