Market News

Wells Fargo taps TransFICC’s One API, plans US team expansion

Wells Fargo is now using TransFICC’s One API services. One API normalises data, trading and post-trade APIs from various venues, bringing them into a single...

China considers alignment with global repo standards

The People’s Bank of China (PBOC) is planning to further open up its bond repo market for overseas institutional investors, potentially adopting the International...

Quantum leap: HSBC, IBM improve bond RFQ fill rate by 34%

HSBC and IBM have reported a 34% improvement in fill-rate modelling for bond request-for-quote (RFQ) using quantum-generated features and common data science algorithms. The bank–technology...

RBC Capital Markets boosts European leadership

RBC Capital Markets has expanded its European flow rates trading team, naming Ian Hale as head of European inflation trading and promoting Callum Maitland...

Breaking: Ediphy challenges FCA award of bond CTP to eTrading Software

The UK Financial Conduct Authority has received a legal challenge from Ediphy to its decision to award the contract for the UK bond consolidated...

Euronext’s European govie mini-futures go live

Euronext has launched its mini-futures for European government bonds. The products focus on the 10-year OAT, Bund, Bono and BTP. They also cover the first...

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...