Research: ETFs worsen fixed income liquidity in a crisis
An academic paper has argued that fixed income exchange traded funds (ETFs) “improve bond liquidity in general, but worsen it in periods of large...
UK’s FCA consults on liquidity stress testing for asset managers
The UK’s Financial Conduct Authority (FCA), has launched a consultation regarding liquidity stress testing for asset managers, as part of its review into strengthening...
Siemens’ digital bond issuance bypasses syndicate banks
Siemens has become one of the first companies in Germany to issue a digital bond, in accordance with Germany’s Electronic Securities Act (Gesetz über...
TMPG reviews US Treasury default practices
In the Treasury Market Practices Group meeting on 14 February, the agenda included a review of the December 2021 white paper, ‘Operational Plans for...
Moody’s: Speculative-grade credit default rate to rise in 2023
Moody’s Investor Services expects the global speculative-grade corporate default rate to rise in 2023 as slowing economic growth, higher input costs and rising interest...
NowCM and Marketnode collaborate on digital APAC primary debt markets
NowCM Group and Marketnode have entered into an agreement to collaborate on the digitalisation of Asia-Pacific primary debt markets through a joint offering via...
Jaya Dutt named Citi’s head of markets for CEEMEA
Jaya Dutt has been appointed head of markets for Central Eastern Europe, Middle East and Africa (CEEMEA) by Citi.
Dutt joined Citi in 2003 and...
FINBOURNE Technology named tech provider for Bloomberg, MarketAxess and Tradeweb consolidated tape
FINBOURNE Technology recently participated in a tender process, against a number of industry peers, including Ediphy - however not Propellant.digital as previously identified -...
Oppenheimer & Co adds three MDs to IG sales team
Oppenheimer & Co has hired Perren Thomas, Dennis Megley and Mike Henneberry onto its investment grade (IG) desk. Each will serve as managing directors...
Tradeweb launches iNAV calculation service with BlackRock onboard
Multi-asset marketplace operator, Tradeweb, has launched a market data service to calculate real-time Indicative Net Asset Values (iNAVs) for exchange-traded funds (ETFs). BlackRock became...
