SEC requests comment on evolution of buy-side internal crossing rules
The US Securities and Exchange Commission’s Division of Investment Management Staff has published a statement to elicit feedback on ways to enhance its regulatory...
Tabb Group event: Concern regarding Reg ATS expansion
On 9 March the Tabb Group’s ‘Fixed Income Trading and Best Execution Summit’ heard that the Securities and Exchange Commission (SEC) concept release around...
SIFMA finds support for shift in benchmarking of 20-year US corporate bonds
The spread for many legacy 20-year US corporate bonds is benchmarked against the 30-year Treasury, but trade body SIFMA has found support for moving...
How traders weathered the Treasury sell-off
The US Treasury’s auction of seven-year notes last Thursday saw the lowest investor appetite ever, according to some sources, leaving primary dealers holding the...
State Street introduces buy-side to buy-side repo programme
State Street has launched a new peer-to-peer repo programme for the buy side. Building out from its sponsored repo and securities lending model, including...
Aité: Buy-side desk sophistication is driving EMS innovation
A new report by analyst firm Aité, entitled, ‘OMS/EMS Convergence in the Cloud: Better Together’, author Spencer Mindlin has identified two major trends in...
Glue42 aims to boost buy and sell-side internal collaboration
Glue42, the desktop tools integration specialist, has released a new version of its open-source platform, Glue42 Core. The new release, version 2.0, is designed...
O’Kelly appointed head trader at RPMI Railpen as it insources trading
RPMI Railpen, which represents the UK’s railway workers pension fund, has hired Tom O’Kelly as head trader. The scheme manages around £30 billion for...
RLAM appoints Kevin Flood as head of dealing
Royal London Asset Management (RLAM) announces the appointment of Kevin Flood as head of dealing. Flood has been with RLAM for nearly three years...
Exoé signs Sherpa Edge Trading as linked agent in Northern Europe
Sherpa Edge Trading is entering into a linked agent agreement with outsourced trading provider Exoé. This partnership will bring Exoé’s buy-side outsourced multi-asset trading...
