“There is no liquidity”: Bond traders report market conditions never seen before
Buy-side bond traders are facing a considerable challenge in matching their investor’s demand for fixed income assets as equity markets plummet. Volumes are up,...
ICMA: Fully-automatic credit trading has grown; block liquidity has reduced
The International Capital Markets Association has found 44% of buy-side trading desks have increased their use of rules-based, fully automated electronic execution compared with...
FIX EMEA Trading Conference – Postponed
Novel coronavirus – update for the EMEA Trading Conference 2020
Update as of Monday 9th March
Good evening
It is with extreme regret that the Board and...
Market data costs in spotlight under new FCA review
The UK’s Financial Conduct Authority (FCA) has issued a call for input (CFI) to better understand how data and advanced analytics are being accessed...
Seth Merrin stands down
Seth Merrin is to stand down as chief executive of Liquidnet, the US broker he founded almost 20 years ago. He will remain as...
Pirum launches CSDR fails cost reporting
Trade reconciliation specialist, Pirum Systems, has launched a new fails report for the Central Securities Depository Regulation (CSDR), which will require a mandatory buy-in,...
Bond issuance platform eppf signs deal with DZ Bank
European bond issuance platform, european primary placement facility (eppf), has signed a new cooperation agreement with DZ Bank. eppf’s bond issuance platform will now...
Fixed income up as investment bank revenues and headcount drop
Fixed income, currencies and commodities (FICC) revenues were up 3% year-on-year for investment banks in 2019, halting a two-year slide, according to the latest...
Trumid partners with Barclays
Bond market operator, Trumid Financial, has established a strategic partnership with Barclays. Barclays will join Trumid’s Trading Advisory Committee to collaborate on trading and...
Market reports: Algomi to be acquired
Market reports are that pre-trade data provider Algomi will be bought by interdealer broker BGC. Stu Taylor, formerly the CEO of Algomi, joined BGC...
