Consolidated tape: Can Europe replicate US market transparency?
Having spotted the need for a consolidated tape in 2005 – when the US already had one – Europe and the UK are so...
Block trading investigations follow a long trend
Several investigations reported in the press are following regulatory scrutiny of block trading arrangements. The investigations reported by Bloomberg, Reuters and the Financial Times...
Barclays: Portfolio trading 8% of US credit market volume
Barclays has conducted new analysis into portfolio trading of corporate bonds, estimating the trading protocol now makes up 8% of US credit trading.
The firm...
Jupiter AM: Training to trade against heavyweight rivals in fixed income
Jupiter Asset Management has trained its trading team on data and analytics in order to beat its rivals to the punch when finding liquidity...
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
Volatility, velocity and variability
Brad Levy, chief executive of Symphony, is positioning the company to help the financial industry navigate a ‘supercycle’ of change driven by the “three...
The best of both worlds
Gonzalo Gómez Retuerto, Head Fixed Income and MARF (Mercado Alternativo de Renta Fija) at SIX Group’s BME talks about plans for SMEs, ESG and integration.
How is...
US Treasuries lost its ‘sell-side’; can clearing and capital rules revive it?
Market participants report the current proposals by the US Securities and Exchange Commission (SEC) to centrally clear trades in the US Treasuries market are...
When banks go bust holding boring bonds
**This article will appear in full in the next issue of The DESK**
Government bonds are described as a 'risk-free' instrument, on the basis that...
Risk profiling electronic market makers after Jane Street, Jump re-rated
Last year, Jane Street and Jump Trading had their rating outlooks upgraded by ratings agencies, as they overcame potential hurdles facing their businesses. Electronic...
