Cary Eggleston joins Canaccord Genuity Group
Canaccord Genuity Group has appointed Cary Eggleston as head of CEEMEA fixed income sales and trading.
In the London-based role, Eggleston is responsible for the...
Bank of England to embrace repo for liquidity management
Moving away from crisis-driven monetary actions, the Bank of England plans to manage liquidity through repurchase agreement (repo) practices rather than by purchasing large...
Purva Patel swaps Nuveen for First Eagle
Independent, privately owned investment management firm First Eagle Investments has appointed Purva Patel as managing director and senior investment specialist of the high yield...
ASEAN exchanges push for sustainability progress
Executives at ASEAN exchanges have agreed on four proof-of-concepts to follow over the next three years, continuing their sustainability initiatives.
The objectives, determined at the...
Voice trading remains prevalent in Treasury trading
Citadel Securities is conducting a third of its Treasury risk by voice, according to a representative. Kevin McPartland, head of research, market structure and...
Markets run on mobile as Microsoft viral patch decimates systems
“Nothing’s working,” said one trader. “Everyone’s on their mobile device. Some banks are up, Bloomberg is up, but I can’t trade as I can’t...
China sets its sights on opening up for foreign trade
Following its third plenum, the 20th Central Committee of the Communist Party of China has adopted the ‘Resolution of the Central Committee of the...
The ‘venue’ question raised by ESMA’s new order execution consultation
The European Securities and Markets Authority (ESMA) is consulting on the development of technical standards (RTS) specifying the criteria for establishing and assessing the...
Banks’ Q2 fixed income revenues see modest increases over year
Banks’ second quarter 2024 fixed income revenues have seen modest to substantial increases, with Goldman Sachs an outlier, witnessing substantial drops in FICC intermediation...
IARB welcomes FCA consultation on broadening access to UK bonds
The Investor Access to Regulated Bonds working group (IARB) has met with the UK’s Financial Conduct Authority (FCA), as the regulator mulls broadening access...