SMBC Group to provide US$2.5bn credit facilities to Jefferies
Sumitomo Mitsui Banking Corporation (SMBC) Group is providing Jefferies with approximately US$2.5 billion in new credit facilities as the firms develop their global strategic...
Bellamy joins TrinityBridge
James Bellamy has joined TrinityBridge as a multi-asset dealer. He is based in London.
TrinityBridge, formerly known as Close Brothers Asset Management, held £20.4 billion...
Bowles joins Vanguard in European expansion
Nick Bowles has joined Vanguard as an active high-yield trader as the firm seeks to build out its actively managed European high-yield and leveraged...
BGC Group offers US dollar swap e-trading
BGC Group has launched a fully electronic trading platform for US dollar swaps. Briana Grazioso, director of e-sales at the firm, will lead the...
UK bond tape tender confirmation pushed to midnight tonight
Confirmation of the UK’s bond consolidated tape provider has been delayed until midnight tonight, its second extension, indicating open questions around the award still...
TradeTech FX: Multi-asset trading success conditional on buy-side objectives
The value of multi-asset trading desks to an investment manager is conditional on the goals of the buy-side firm aligning with the firm.
At TradeTech...
S&P to end TCA offering
S&P Global is shuttering its transaction cost analysis (TCA) operations, according to sources familiar with the matter.
Michael Richter, EMEA executive director of TCA at...
Soft volatility hinders US rates e-trading
Volatility was down 27% year-on-year (YoY) and down 6% month-on-month (MoM), with the MOVE index recording 80.43. This is the index’s lowest level since...
US credit trade sizes shrink in August
Average daily trade sizes across all US credit fell 12% month-on-month (MoM) to US$363 thousand after strong July performances, but still grew by 3%...
CFTC clears path for US customers to access JSCC yen IRS
The Japan Securities Clearing Corporation (JSCC) is now allowed to clear for US customers while remaining an exempt derivatives clearing organisation (DCO) subject to...
