MarketAxess and Tradeweb beat TRACE in December slowdown
US electronic credit activity cooled into year-end. On FINRA’s TRACE tape, combined US investment-grade (IG) and high-yield (HY) average daily volume (ADV) was US$42.6 billion in December, down 20.2%...
Ediphy expands API offering
Ediphy has launched a series of new trading and analytics APIs on its developer portal.
The three APIs cover execution management, liquidity checking and transaction...
Lloyds explores tokenised deposits, gilts
Lloyds Banking Group has purchased a tokenised gilt on the Canton Network, marking the first transaction of this kind in the UK and the...
S&P sells off business arms to STG
Private equity firm STG has completed its acquisition of S&P Global’s Enterprise Data Management (EDM) business and its portfolio management, order management and compliance...
Bertacchini swaps Santander for CaixaBank
Luca Bertacchini has joined CaixaBank as vice president of fixed income sales. He is based in Madrid.
CaixaBank reported €8 billion in net interest income...
Eurex, Cboe end 2025 with record credit futures OI despite December volume pullback
In December, CME’s US dollar credit futures traded US$400 million in average daily volume ( ADV) with US$541 million in open interest (OI), Cboe’s iBoxx iShares suite printed US$148 million ADV and...
MUFG consolidates European banking operations
Mitsubishi UFJ Financial Group (MUFG) is merging its European operations, creating a universal banking platform.
MUFG Securities (Europe) will become part of MUFG Bank (Europe),...
Etrading Software submits CTP authorisation
Etrading Software is one step closer to running the UK’s bond consolidated tape, submitting its authorisation application to the Financial Conduct Authority.
The High Court’s...
Mark Whirdy joins Mediolanum International
Mediolanum International Funds is an Irish asset management, offering 65 funds which it reports hold €70.8 billion in assets under management as of December 2024.
He joins from Robeco.where he spent more than...
Vizioz swaps Sculptor for Elmwood
Philippe Vizioz has joined Elmwood Asset Management as a European credit trader.
Elmwood holds US$23 billion in assets under management, specialising in alternatives across global...
