A long way to go: “Fundamental concerns” raised around lack of preparedness for T+1
With the US representing an estimated 46% of the global equity market, its upcoming shift to T+1 settlement in 2024 is a huge move....
NBIM names global co-heads of fixed income trading
Norges Bank Investment Management (NBIM) has appointed Pauli Mortenson and John Sullivan as global co-heads of fixed income trading, following the promotion of Malin...
Redhedge Asset Management opens credit total return fund to outside investors
Redhedge Asset Management, a Financial Conduct Authority (FCA) regulated investment manager, has opened its Synergy Total Return Fund to outside investors.
The Fund was launched to provide institutional clients...
TS Imagine reports growth in volumes and user base for fixed income
TS Imagine, the cross-asset provider of trading, portfolio, and risk management systems reports it has seen average notional volume increase sevenfold in its TradeSmart...
LTX launches BondGPT powered by OpenAI GPT-4
LTX, the market operator division of Broadridge Financial Solutions has launched BondGPT, an application powered by OpenAI GPT-4 that answers bond-related questions and assists...
Trumid adds RFQ to credit trading protocols
Electronic bond market operator Trumid, has launched new Request for Quote (RFQ) trading on its platform. Trumid clients can now initiate, view, and respond...
WaveLabs signs up its first hedge fund client
WaveLabs, developer of the specialist fixed income trading technology, eLiSA, has signed up its first hedge fund client.
The eLiSA execution management system (EMS), created...
Stefano Dallavalle and Diederik Van Suchtelen join LedgerEdge
LedgerEdge, the distributed ledger platform for corporate bond trading, has appointed Stefano Dallavalle to develop LedgerEdge’s platform as product director. He joins LedgerEdge with...
Credit trading desks seeing job cuts & hiring freezes, adding to operational pressure
Reports of reduction in headcount on buy-side trading desks at BlackRock, Nuveen and Wellington with cuts also reported at investment banks, are demonstrating the...
Coalition Greenwich sees US bond trading volumes falling in Q2
A report by market analysis form Coalition Greenwich, part of S&P Global, has found that after an active first quarter, corporate bond trading slowed...
