US credit trading volumes tumble from March peak
Average daily notional volumes (ADNV) dropped in US credit during April, while trade sizes crept up.
Total ADNV was down 5% year-on-year (YoY) and 12%...
UK eyes extended settlement, pushes tokenisation
The UK is inching its way towards 24/7 settlement, with the Bank of England issuing a consultation paper about bringing the CHAPS payment and...
S&P Global veteran moves to Virtu
Michael Richter has joined Virtu Financial as an analyst on the business development team.
Trading solutions provider Virtu reported US$1.1 billion in total revenues over...
Gross joins Federated Hermes
Carlos Gross has joined Federated Hermes as head of European credit opportunities. He is based in London.
Federated Hermes holds US$902.6 billion in assets under...
Exante targets SMAs with portfolio management infrastructure
Prime broker Exante has launched a portfolio management system designed to help firms scale and meet demand for separately managed accounts.
Allocator has been developed...
US credit traders watch volumes, e-trading grow
Average daily notional volumes (ADNV) in US corporate bonds have been rising steadily since 2022, already hitting US$49.8 billion year-to-date. According to asset managers...
Sutherland promoted at Schroders
Neil Sutherland has been promoted to head of US fixed income trading at Schroders.
He is based in New York.
Schroders reported £823.7 billion in assets...
Walls, Sekora take senior FCA roles
Simon Walls’s role as executive director of markets at the FCA has been made permanent, after holding the position on a temporary basis since...
Trumid triumphs in tricky April credit e-trading market
US electronic credit trading volumes fell off a cliff in April for Tradeweb and MarketAxess, with average daily volumes (ADV) falling by 14.5% and...
Parmar promoted at CIBC
Shivani Parmar has been promoted to a repo trading role within CIBC Capital Markets’s global credit financing team.
She is based in London.
In Q1 2026,...
