Market News

CME plans UST spread trading tool

CME Group is launching a tool connecting US Treasury futures and cash liquidity. Expected to go live in Q4, Treasury Link facilitates centralised spread trading...

Euroclear eyes issuer services growth

Euroclear is planning an issuer services expansion, entering into negotiations to acquire French corporate trust services provider Uptevia. The acquisition will allow Euroclear to offer...

LCH expands CGB collateral eligibility

LCH has expanded the range of offshore Chinese govies (CGBs) that it accepts as non-cash collateral, with Renminbi-denominated now eligible. Euro- and US dollar-denominated CGBs...

Tradeweb leads US credit e-trading in June

Tradeweb pulled ahead in electronic US credit trading last month, with average daily volumes (ADV) reaching US$10.5 billion. As a reminder, we also provide market-assessed...

MarketAxess to develop new issue ecosystem

MarketAxess, the operator of a fixed-income electronic trading platform, is developing an ecosystem to give clients access to primary markets and the ability to...

Broadridge sees slow DLR growth in June

Broadridge’s Distributed Ledger Repo (DLR) platform processed US$7.5 trillion in June, with average daily volumes of US$357 billion. Total volumes mark a 68% increase year-on-year,...

IMTC partners with ICE Bonds

Fixed income liquidity from ICE Bonds is now available on the IMTC platform. Mutual clients will be able to access BondPoint and TMC, ICE Bond’s...

Onbrane and Agora merge

Onbrane and Agora Digital Markets have merged to create a single platform for debt issuance and management under the Onbrane brand. Agora provides modelling and...

Tokenised Treasury transactions tested ahead of DTCC go-live

Franklin Templeton has exchanged a tokenised US Treasury for tokenised cash (USDCx) with Virtu Financial in real-time as the industry prepares for DTCC’s tokenised...