Market News

Cartel cases in SSA market continue as Rabobank fined €26.6m

The European Commission has fined Rabobank €26.6 million for participating in a cartel trading Euro-denominated bonds The Commission alleges that between 2006 and 2016 Rabobank...

Lone Star State drives over $44bn in new US munis at November elections

Voters across the US greenlit more than US$44 billion in new muni bonds at November’s elections, with 55% of all mooted bond measures approved...

Will Pagano departure lead Citi to reset EM credit trading approach?

The departure of Marc Pagano, Citi’s managing director for emerging markets credit trading, has raised mixed feelings amongst buy-side traders. Although one in a...

US Treasury Market Conference: The full account

Michelle Neal, head of the markets group, kicked off the 2023 US Treasury Market Conference last week, which saw the New York Fed host...

ASIFMA names Peter Stein its new CEO

The Asia Securities Industry & Financial Markets Association (ASIFMA) has named Peter Stein its new CEO. Stein is currently CEO and managing director of...

Jon Kroeper, EVP, quality of markets to leave FINRA

Jon Kroeper, executive vice president, quality of markets, is leaving the Financial Industry Regulatory Authority (FINRA). Kroeper joined FINRA in 2007 and has been responsible...

CME Group to launch €STR options in Q1 2024

Derivatives marketplace CME Group is to launch options on €STR futures from Q1 2024, adding to its suite of European rates derivatives. CME launched 3-month...

Marathon names Alex Howell as head of European alternative credit

Marathon Asset Management has named Alex Howell as a senior managing director and as head of European alternative credit. Howell has also joined the...

Citi develops blockchain FX solution under Monetary Authority of Singapore Guardian project

Citi has developed an application that uses blockchain infrastructure to price and execute bilateral spot foreign-exchange (FX) trades. The application is a part of Project...