US corporate bond market continues upward trajectory
Average daily notional volumes (ADNV) were up 9% year-on-year (YoY) in US credit markets, reaching US$47 billion. Year-to-date, ADNV is up 21%.
In 2024, the...
ISDA has named Jeroen Krens as board chair
The International Swaps and Derivatives Association (ISDA) has appointed Jeroen Krens as its new board chair, effective 1st of January 2025. He succeeds Eric...
WiseAlpha broadens bond access for retail
Retail investors can now access all UK corporate and government bonds through corporate bond investment platform WiseAlpha.
The company first issued fractional bonds in 2016,...
Michelle Neal leaves New York Fed for private sector
Michelle Neal is leaving the Federal Reserve Bank of New York, effective March 2025, for payment systems developer Fnality.
Neal has been an executive vice...
MarketAxess launches direct access to UBS Bond Port
Users of MarketAxess’ private banking and wealth management service Axess IQ can now route orders directly to UBS Bond Port.
“UBS has been a liquidity...
Lord Abbett picks IMTC for portfolio, order management
Global asset manager Lord Abbett has appointed IMTC as portfolio and order management system provider.
IMTC will provide an end-to-end investment platform for the US$214...
Competition in credit futures heating up with ICE/MarketAxess/MSCI launch
Intercontinental Exchange's (ICE) has launched four new corporate bond index futures, designed to answer institutional investors' appetite for credit futures.
The product launch comes after...
New York Life Investments boosts European private markets business
Asset manager New York Life Investments, with its European affiliate Candriam, is expanding its private markets business through a partnership with European investment firm...
TCW targets alternative credit services growth
Asset manager TCW Group is expanding its alternative credit solutions.
The expansion is facilitated by Nippon Life Insurance Company, which is committing US$3.25 billion in...
E-trading capabilities a growing muni market priority
Muni traders view electronic trading expertise as the most important skill set to add to the desk in 2025, according to a recent report...