Market News

ADDX launches blockchain-based debt issuance marketplace

Private market exchange ADDX has launched a blockchain-based multi-issuer debt issuance solution for firms to issue digitised commercial paper and bonds. The digitised bonds from...

James Athey swaps abrdn for Marlborough

Integrated investment management and fund solutions group Marlborough has appointed James Athey as co-manager of the IFSL Marlborough Global Bond and IFSL Marlborough Bond...

Fixed income leads the way for revenue growth at Euronext

Euronext saw record income and revenue in Q1 2024, up 8% YoY to €401.9 million. In the exchange’s results call, CEO and managing board chairman...

Salim Ramji named new Vanguard CEO

Vanguard has appointed Salim Ramji as the firm’s new CEO, effective 8 July. Ramji, who will also become a member of the board, succeeds Tim...

Jing Sima returns to BCA Research

Macro investment research provider BCA Research has appointed Jing Sima as China strategist. Sima has close to 20 years of industry experience, and returns to...

Eurex, Clearstream, VERMEG to broaden access to pan-European liquidity pool

Eurex has partnered with Clearstream and VERMEG, provider of the Eurosystem Collateral Management System (ECMS), to expand the use of collateral of its leading...

DTCC affirmation rates up for April – but investment managers lag

DTCC affirmed 83.5% of transactions by the DTC cutoff time – 9:00 PM ET on trade date – in April 2024, it has reported. This...

Barclays Bank adopts CLS’s CCS service

Barclays Bank has gone live on CLS’s cross currency swaps (CCS) service. The CCS service, an extension of the CLSSettlement payment-versus-payment settlement solution, mitigates settlement...

Robeco builds out emerging market debt team

International asset manager Robeco has hired an Emerging Market Debt (EMD) team, consisting of portfolio managers Diliana Deltcheva, Richard Briggs and Nicholas Sauer. The trio...