Market News

ICMA 2026: Signs of US decline could be Europe’s time to shine

Geopolitical turmoil is increasing global fragmentation but could be a driving force for European consolidation, according to speakers at ICMA’s 2026 AGM and Conference...

Cheung promoted at ICE

Penny Cheung has been promoted to head of interest rate derivatives at ICE. Based in London, she is responsible for multicurrency interest rate futures and...

ICMA 2026: How digitalisation can reduce market stress

At the ICMA conference on 28 May 2026, Samara Cohen, global head of market development at BlackRock, laid out an agenda to accelerate market...

Trumid launches cross-protocol execution automation

Trumid clients can now execute credit trades across multiple protocols through an automated solution. Trumid Full Self Trading (FST) monitors and engages with liquidity across...

FCA greenlights ETS CTP authorisation

Etrading Software’s ETS Connect UK business has finally been authorised by the Financial Conduct Authority (FCA) to provide the consolidated tape for UK bond...

Roughton joins Propellant

Propellant Digital has named Helena Roughton as a product manager, specialising in regulation. In the London-based role, Roughton is responsible for Propellant’s regulatory product roadmap...

CLS onboards BofA for CCS service

Bank of America has gone live on CLS’s cross-currency swaps (CCS) service as FX market turnover grows. According to the Bank of International Settlements, daily...

US rates volatility falls, volumes drop 20%

Average daily notional volumes (ADNV) were down 20% year-on-year (YoY) in US rates trading, falling to US$1.069 billion. Volatility dropped by 32% YoY to...

US credit trading volumes tumble from March peak

Average daily notional volumes (ADNV) dropped in US credit during April, while trade sizes crept up. Total ADNV was down 5% year-on-year (YoY) and 12%...