FICC taps Saphyre ahead of clearing mandate
The Depository Trust & Clearing Corporation’s (DTCC) Fixed Income Clearing Corporation (FICC) has partnered with AI infrastructure provider Saphyre to enhance its onboarding procedures...
O’Donoghue swaps T Rowe Price for Franklin Templeton
Chris O’Donoghue has joined Franklin Templeton as a senior trader in London.
Franklin Templeton holds US$1.68 trillion in assets under management, as of December 2025.
O’Donoghue...
Peoples joins Jefferies in outsourced trading push
Brandon Peoples has been named global head of outsourced trading at Jefferies. He is based in New York.
Dean Gray, head of international outsourced trading...
Reyes joins RBC CM
Noel Reyes has been named managing director and global head of multi-asset agency solutions (MAAS) product at RBC Capital Markets, effective May.
Based in New...
Adams swaps JP Morgan for Wells Fargo
Charles Adams has joined Wells Fargo as a senior lead for European rates securities trading after almost 15 years at JP Morgan.
Based in London,...
Tokenisation booms in repo markets
Repo is becoming one of the main use cases for tokenisation in the fixed income market, with privacy-enabled open blockchain provider Canton Network currently...
Euronext and Deutsche Borse drift closer in FI revenues
The gap between fixed income revenues at rival European exchanges Deutsche Borse and Euronext is narrowing, the divide between the two falling by 20%...
Cicada plans LatAm e-trading expansion with US$13.5mn funding round
Cicada has raised US$13.5 million in its Series A funding round, intending to expand its LatAm e-trading offering.
The company aims to offer electronic trading...
PT democratisation through better analytics and residual management
By all measures, Portfolio Trading (PT) as a protocol has reached maturity, accounting for 20% to 25% of all US electronic credit trading. We...
CME Group sees record Treasury open interest
Open interest (OI) in CME Group’s US Treasury futures and options has ballooned to a record high – reaching 36,328,151 contracts on 19 February.
The...
