The evolution of an IDB
TP ICAP has assembled a team of diverse talents including cadres of former Newedge and UBS colleagues amongst the employees of Tullett Prebon, ICAP,...
Tradeweb poaches Dan Cleaves to lead Dealerweb CLOB
Market operator Tradeweb has appointed Dan Cleaves, the former CEO of Brokertec Americas, as a managing director in its Dealerweb wholesale unit.
He said, “The...
TP ICAP focuses on low-touch trading, Liquidnet and buy-side data provision
Interdealer broker and trading services provider TP ICAP outlined its future plans at its Capital Markets Day on Tuesday 1 December, to develop low...
ESMA corrects SI bond ranking to place BNP Paribas as second in Europe
The European Securities and Markets Authority (ESMA) has republished its ESMA Annual Statistical Report, now stating that the largest systematic internalisers (SIs) for bond...
TP ICAP launches MATCHBOOK ReBalance, announces Q3 results
TP ICAP, the interdealer broker and market infrastructure provider, has launched MATCHBOOK ReBalance, a new electronic trading solution that aims to reduce residual risks...
BrokerTec launches dealer-to-client repo execution platform into US markets
Market operator BrokerTec, part of the CME Group, has made its dealer-to-client request-for-quote (RFQ) trading platform, BrokerTec Quote, available to the US repo market...
What bond traders need to know about today’s TP ICAP / Liquidnet deal
Broker dealer TP ICAP has agreed to buy block-trading market operator Liquidnet, with Nicolas Breteau, CEO of TP ICAP, putting the growth of Liquidnet’s...
MarketAxess to buy MuniBrokers
Bond market operator MarketAxess has agreed to buy MuniBrokers, a central electronic venue serving municipal bond inter-dealer brokers and dealers.
MuniBrokers connects 14 municipal securities...
SEC report on algo trading highlights lack of joint oversight
US markets regulator the Securities and Exchange Commission (SEC) has published a report to the US Congress on algorithmic trading in US debt and...
Norges Bank adopts Bloomberg E-Bond for government securities
Norges Bank, the central bank of Norway, has adopted Bloomberg E-Bond as the trading platform for its inter-dealer market in Norwegian government bonds and...
