Market News

Europe’s OTC CTP competition begins

The European Securities and Markets Authority (ESMA) has launched the selection process for the OTC derivatives consolidated tape provider (CTP). Requests to participate must be...

MarketAxess EM volumes top US$1tn YTD

MarketAxess has reported more than US$1 trillion in emerging markets (EM) trading volumes year-to-date. Average daily volumes reached approximately US$5 billion between January and November,...

DTCC to tokenise US Treasury securities in H1 2026

Depository Trust & Clearing Corporation (DTCC)-custodied securities will be tokenised on the Canton Network next year. The Securities and Exchange Commission (SEC) issued a no-action...

Bond market axes struggle in electronified markets, ICMA finds

ICMA and the FIX Trading Community have issued a white paper examining issues with market axes in an increasingly electronic bond market, warning that...

Kepler Cheuvreux boosts credit sales team

Kepler Cheuvreux has appointed Maria Giulia Catania and Tommaso Manzone to its credit sales team, based in London. The duo will focus on EMEA clients,...

Nunn joins syndicated loan data provider Versana

George Nunn has been named chief operating officer at syndicated loan market data provider Versana. He replaces Bruce Manson, founding COO of the company, and...

US credit volumes jump YoY

US corporate bond trading is expecting to reach record levels in 2025, according to a recent Coalition Greenwich report. In November, average daily trade sizes...

US rates e-trading stabilises

Electronic trading in US rates dropped by five percentage points year-on-year (YoY) but rose by two percentage points month-on-month (MoM), representing 57% of total...