UPDATED: UBS continues to swing axe
UBS, the investment banking giant has reportedly cut further jobs from its markets division, with many people internally fearing more jobs are to go,...
CME Group to launch Chicago UST CLOB
CME Group is launching a second BrokerTec central limit order book (CLOB) for cash US Treasuries in Q3. Client testing begins on 27 April.
The...
Allianz, BlackRock, T&D Holdings invest in Viridium
Allianz, BlackRock and T&D Holdings have invested in German life insurance consolidation firm Viridium.
The three firms join Generali Financial Holdings and Hannover Re in...
National Australia Bank completes migration to Tradeweb Australia with TransFICC’s One API
National Australia Bank (NAB) has successfully transitioned its trading operations for government bonds and Interest Rate Swaps (IRS) to Tradeweb Australia, utilising TransFICC's One...
Voice volumes not budging in US Treasuries
E-trading levels are remaining steady in the US Treasury market, hovering at 58% of notional volume in February.
Ratios have returned to pre-election levels, Coalition...
CME Group expands credit suite as hedge demand grows
CME Group has begun trading high yield duration-hedged credit futures, based on Bloomberg corporate bond indexes.
The futures include an intercommodity spread with US Treasury...
Charlie Foley joins Market Securities
Global broker Market Securities has appointed Charlie Foley as an emerging markets fixed income broker.
In the London-based role, Foley is responsible for providing intermediary...
Spain aligns with European settlement standards
Spanish stock market operator BME has amended its settlement model in preparation for T+1.
From 17 March, the Spanish central securities depository Iberclear is no...
ESMA dials up bond CTP selection
ESMA has told several Bond CTP providers hopefuls that they have been invited to participate in the second step of competitive procedure with negotiation.
The...
Franklin Templeton bolsters SMA services
Franklin Templeton has selected IMTC for separately managed accounts (SMA) management.
“Over the next few years, we anticipate significant growth in the SMA space and...
