Market News

ESMA lacks data to test bond market concerns

By Pia Hecher. Regulators have acknowledged that bond market data is so sparse, even post-MiFID II, that they are unable to test execution quality concerns....

Quorum 15 launches digital membership with Greenwich Associates

By Shobha Prabhu-Naik. Quorum 15, a global financial markets think tank, has entered a new partnership venture with analyst firm Greenwich Associates, to support digital...

WBR survey: Buy-side pushed towards price-making and ETF use

By Pia Hecher. Following the introduction of the new Markets in Financial Instruments Directive (MiFID II), which has formalised best execution reporting, two-thirds of heads...

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Landazabal to lead trading at GAM

Juan Landazabal is to join Swiss asset manager, Global Asset Management (GAM), as global head of trading, according to an email seen by The...

Tradeweb implements block trading in Chinese bonds on Bond Connect

By Pia Hecher. Bond trading operator platform Tradeweb Markets has launched block trading functionality in Chinese yuan (CNY) bonds on Bond Connect, the mutual market...

China Bond Connect launches real-time DvP and block trading

By Pia Hecher. Mutual market access scheme Bond Connect, the platform linking investors from Mainland China and overseas, implemented real-time delivery-versus-payment (RDvP) and introduced a...

Nasdaq reports seven-year error in closing auction

Story updated 16.00 BST 30/8/18 In a Trader Alert published at 08.30 ET, on 30 August 2018, updating a previous notice published on Friday 24...

SEC pushes for transparency of municipal bond issuers

By Pia Hecher. US market regulator the Securities and Exchange Commission (SEC) amended its Securities Exchange Act on 20 August 2018, to enhance disclosure of...

NEX Markets CEO questions Thomson Reuters price claim

By Pia Hecher. Seth Johnson, chief executive officer of NEX Markets, operator of US Treasury marketplace BrokerTec, talks about the firm’s data distribution strategy, including...