Muni market booms, e-trading crawls

Muni market booms, e-trading crawls

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Despite rising trading activity in the US municipal bond market, electronic trading remains a small component of the market, up just 0.6 percentage points...
Ex-MTS exec joins Propellant Digital

Ex-MTS exec joins Propellant Digital

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Propellant Digital has named Caroline Wohleber as a senior within the Continental Europe sales team. In the Paris-based role, Wohleber is responsible for client acquisition...
FCA to submit bond tape legal defence this week

FCA to submit bond tape legal defence this week

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The Financial Conduct Authority (FCA) has asked the High Court to lift its suspension on the bond consolidated tape contract award, and intends to submit its defence to Ediphy’s legal challenge by the end...
Bloomberg boosts Australian bond pricing

Bloomberg boosts Australian bond pricing

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Bloomberg has expanded its Australian bond pricing services as the market continues to grow. Australia is the third largest global securitised products market outside of...
Ahmed leaves Goldman for Balyasny

Ahmed leaves Goldman for Balyasny

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Wajih Ahmed has swapped Goldman Sachs for Balyasny Asset Management, joining the firm as a macro portfolio manager after more than a decade with...
LGAM bolsters London team

LGAM bolsters London team

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Legal & General Asset Management has made two appointments in its London office, with Ryan Lee named head of liquidity distribution and Euan Martin...
Massaad Scott leaves Nomura as new London prop desk closes, again

Massaad Scott leaves Nomura as new London prop desk closes, again

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Sources have confirmed to The Desk that Pamela Massaad Scott has left Nomura following the closure of the bank’s proprietary trading desk in London,...
Scottish ‘vanity’ issuance project puts investors at risk from independence 

Scottish ‘vanity’ issuance project puts investors at risk from independence 

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The Scottish Government has confirmed plans to enter the bond market and issue £1.5bn of debt in 2026-2027.   Ben Ashby, chief investment officer at...
October credit futures’ activity cools after September busy roll month

October credit futures’ activity cools after September busy roll month

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In October trading volumes of credit futures at Eurex, Cboe global markets and CME cooled after the September roll month, but open interest continued...
Scotland rated AA/Aa3 ahead of debut ‘kilt’ bonds

Scotland rated AA/Aa3 ahead of debut ‘kilt’ bonds

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Scotland has received its first standalone credit ratings from Moody’s and S&P Global, with both agencies placing the Scottish Government on the same high...

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