E-trading bond platforms outperform banks’ Q3 in fixed income trading
Market operator Tradeweb has seen a strong Q3 revenue against the same quarter in 2020, while electronic bond-trading MarketAxess has seen a slight decrease...
Invesco joins Glimpse Markets as new membership continues to grow
Asset management giant Invesco has become the latest firm to join Glimpse Markets, the data sharing service for investment managers, banks, brokers and market...
Lack of detail sinks odd-lot bond case against major banks
The United States District Court, Southern District of New York, has dismissed a court case brought against Bank of America, Barclays, Citigroup, Credit...
Sidi Shatku poached by BofA
SMBC’s former head of Emerging Markets (EM) Credit Trading in Europe, Middle East and Africa (EMEA), Sidi Shatku, has joined BofA’s EM credit trading...
SETL open sources its code with new PORTL solution
SETL, the blockchain company, is open sourcing its core framework, PORTL, which it intends to speed up adoption of blockchain and distributed ledger technology...
Bloomberg/PRMIA report finds liquidity barrier to RFR derivatives use
A new report by the Professional Risk Managers' International Association (PRMIA) and Bloomberg has found that while the majority (79%) of the firms with...
CME reports record SOFR futures volume and open interest
Market operator and infrastructure provider, CME Group, has reported that a record 396,421 SOFR futures contracts were traded on 18 October 2021, surpassing the...
Credit Suisse and VTB fined millions by UK, US and Swiss authorities over Mozambican...
Credit Suisse Group AG has agreed to pay nearly US$475 million to Swiss, UK and US authorities, including nearly $100 million to the US...
TMPG meets to discuss key challenges in the Treasury market structure
The Treasury Market Practices Group (TMPG), an industry roundtable coordinated by the US Federal Reserve (The Fed) met on Tuesday 19 October to discuss...
CME Group: Expectation of rates rises for BoE in December 2021 and Fed in...
The CME Group’s central bank observations tools BoEWatch and FedWatch show that market expectations indicate increasing probability of a Bank of England rate rise...
