MUFG Securities America becomes US primary dealer
The New York Fed has authorised MUFG Securities America (MUSA) as a primary dealer, allowing it to take part in the reserve bank’s open...
‘Disbelief’ is becoming market response to US policy announcements
The failure to support policy and public announcements by the current US administration has hurt investors enough that they no longer react to public...
BNY bolsters digital cash offering
Certain deposits at BNY will now be tokenised as the bank pushes ahead with its digital asset initiative.
The service will initially be available for...
Gary Harper joins Societe Generale
Gary Harper has been appointed managing director and head of emerging markets credit trading at Societe Generale Corporate and Investment Banking, based in London.
He...
MarketAxess and Tradeweb beat TRACE in December slowdown
US electronic credit activity cooled into year-end. On FINRA’s TRACE tape, combined US investment-grade (IG) and high-yield (HY) average daily volume (ADV) was US$42.6 billion in December, down 20.2%...
Ediphy expands API offering
Ediphy has launched a series of new trading and analytics APIs on its developer portal.
The three APIs cover execution management, liquidity checking and transaction...
Lloyds explores tokenised deposits, gilts
Lloyds Banking Group has purchased a tokenised gilt on the Canton Network, marking the first transaction of this kind in the UK and the...
S&P sells off business arms to STG
Private equity firm STG has completed its acquisition of S&P Global’s Enterprise Data Management (EDM) business and its portfolio management, order management and compliance...
Bertacchini swaps Santander for CaixaBank
Luca Bertacchini has joined CaixaBank as vice president of fixed income sales. He is based in Madrid.
CaixaBank reported €8 billion in net interest income...
Eurex, Cboe end 2025 with record credit futures OI despite December volume pullback
In December, CME’s US dollar credit futures traded US$400 million in average daily volume ( ADV) with US$541 million in open interest (OI), Cboe’s iBoxx iShares suite printed US$148 million ADV and...
