MarketAxess reports record revenue in 2021
Bond market operator MarketAxess saw total revenues for 2021 increase 1.4% to a record US$699 million, compared to US$689.1 million for 2020. Operating income...
Amber Wright to lead new R.J. O’Brien initiatives on fixed income and multi-asset electronic...
Futures brokerage and clearing firm R.J. O’Brien has appointed Amber Wright to executive director, global head of fixed income rates and e-trading sales, with...
Origin launches Instant-ISIN 2.0 for Eurobond issuance
Origin, a debt capital markets fintech, has launched Instant-ISIN 2.0 for both allocation and activation of ISINs for Eurobond issuance, ‘XS’ ISINs, while also...
Société Générale, HSBC and MUFG join DirectBooks; US$1.6 trillion processed in 2021
Société Générale, HSBC, and Mitsubishi UFJ Financial Group (MUFG), have joined the DirectBooks platform bringing the total to 19 global underwriters live on DirectBooks.
In...
Citi asserts control over any data tied to bilateral client trades
The European credit trading team at Citi has, according to several large asset managers, told buy-side clients the bank owns any data relating to...
Michelle Neal poached by New York Fed from LedgerEdge
The Federal Reserve Bank of New York has been named Michelle Neal as head of its Markets Group. In this role, she will also...
Market data ‘Bill of rights’ opens discussion on transparency, accessibility and ownership
A week after the UK’s Financial Conduct Authority announced a consultation into buy-side access to data and benchmarks, bond pricing specialist BondCliQ and data...
AxeTrading founders step back from management
AxeTrading has announced that the founders of the firm, together with other members of the Board, have agreed that in order to address “the...
Coalition Greenwich: Asian bond markets see electronic trading adoption accelerate
New analysis by research firm Coalition Greenwich has found that, while much of the e-trading growth in Asia to date has come via relatively...
bfinance finds insurers’ move away from fixed income is accelerating
Analysis by investment research firm, bfinance, has found that the proportion of insurers decreasing their fixed income holdings has been accelerated by the pandemic,...