Market News

Jefferies boosts outsourced trading offering with TS Imagine

Jefferies has tapped TS Imagine’s order and execution management services for its fixed income outsourced trading offering. TS Imagine will provide order and execution management...

Volumes up, volatility down in US rates

Average daily notional volumes (ADNV) rose by more than a fifth (22%) in US rates last month, reaching US$1.2 trillion. At the same time, CME...

Volumes boom, e-trading stalls in US credit

Activity in US credit accelerated in January, with average daily notional volumes (ADNV) up 22% year-on-year (YoY) to US$61 billion. At the same time, average...

Bloomberg launches SOFR swap futures benchmarks as open interest booms

Bloomberg has launched 11 benchmarks for Eris SOFR Swap futures. The Eris SOFR Swap Futures Tracker Indices measure SOFR swap exposure through exchange-listed holding and...

Double digit revenue growth at US exchanges; services beat trading

US exchanges saw increased revenues across the board in Q4 2025, with the largest players making the bulk of their profits from non-transactional services...

Bracco swaps Wells Fargo for Santander

Chris Bracco has joined Santander as head of institutional FX sales for the Americas. He is based in New York. Santander reported €8.5 billion in...

ICE sees growing UK and EU IR derivatives activity

The Intercontinental Exchange (ICE) has announced 42.3 million in open interest across its interest rate derivatives markets. This markets a 45% year-on-year (YoY) increase, and...

Etrading Software announces CT consultative committee

Etrading Software has announced the members of its consultative committee, which will provide recommendations and external advice on the UK bond tape’s recommendations. Of the...