Market News

KfW taps Boerse Stuttgart Digital for digital bond blockchain infrastructure

Boerse Stuttgart Digital, an infrastructure provider for cryptocurrencies and digital assets in Europe, now provides the technical infrastructure for KfW, for its new blockchain-based...

OpenYield opts for RBC Clearing & Custody

Bond marketplace OpenYield has joined the RBC Clearing & Custody platform, the first alternative trading system (ATS) to do so. OpenYield, launched in 2022, provides...

Stephen Hannaford swaps Alphadyne for Citadel

Citadel has appointed Stephen Hannaford as part of its fixed income and macro trading team. Hannaford has more than a decade of industry experience and...

Samantha Cooper named head of fixed income portfolio management at AllianceBernstein

Samantha Cooper has started a new position as head of the fixed income portfolio management group at AllianceBernstein. Cooper, who has been with the firm...

ICE begins exchange offer for outstanding unregistered 3.625% senior notes

Intercontinental Exchange (ICE) has begun the exchange offer for its outstanding unregistered 3.625% senior notes, due in 2028. They will be exchanged with equivalent...

Tradeweb data reveals shock of rate cut expectations on swaps market

Analysis of Tradeweb data has show the level of surprise at potential central bank rate cuts over the past week in the interest rate...

CFTC commissioner voices cost concerns around proposed technical data reporting standards

Along with a number of financial regulatory agencies, the Commodity Futures Trading Commission (CFTC) has approved a rule proposal to establish technical data reporting...

“Fundamentally flawed […] inadequate”; SIFMA slams SEC’s best execution proposal

In a recent post from the Securities Industry and Financial Markets Association (SIFMA), former chief economist and director of the Division of Economic and...

Patrick Wegner joins State Street’s CIO office

State Street has appointed Patrick Wegner as a senior portfolio manager and trader for North American rates in the office of the chief investment...

Dogfight in credit e-trading as platforms see double figure growth

Average daily volumes (ADV) for Tradeweb’s cash rates trading were US$455 billion for the month of July, the company reported, with overall government bond...