LatAm sees e-trading momentum with support for all-to-all
In Latin America, 46% of trading in corporate hard currency bonds is conducted electronically, according to research by analyst firm Coalition Greenwich, compared to...
The US: Too big to Fitch?
Ratings agency Fitch has downgraded the United States’ long-term credit ratings to AA+ from AAA and removed the rating ‘Watch Negative’ stating “ reflects...
Exclusive: LedgerEdge to go into administration
LedgerEdge, the distributed ledger-based fixed income trading venue, has closed down.
Founder, David Rutter, said, “We can confirm LedgerEdge has closed, three years after...
Exclusive: What do buy-side traders think about Citadel’s entry into credit?
We asked senior buy-side trading heads about electronic market maker, Citadel Securities, entry into the corporate bond market as a direct market maker, a...
Coalition Greenwich: Dealers holding long-dated bonds again; net Treasury positions double
Dealers are holding positive levels of longer-dated corporate bonds in their inventories again, and treasury bills drove volume growth in H1 2023, according to...
Adaptive expands its ‘Operate’ offering, opens Asia office
Electronic trading tech provider Adaptive has expanded its 'Operate' offering to a round-the-clock service and opened its first office in Asia.
Matt Barrett, Adaptive...
TransFICC opens office in New York
TransFICC, the provider of low-latency connectivity and workflow services for fixed income and derivatives markets, has opened its new office in New York, staffed...
Tom Porcelli named PGIM Fixed Income chief US economist
PGIM Fixed Income, a firm With US$793 billion in assets under management (AUM), has named Tom Porcelli chief US economist, effective 6 July 2023....
7 Chord and Bonds.com partner to deliver executable pricing data
Bonds.com and predictive pricing and analytics firm 7 Chord have partnered to combine bonds.com’s executable pre-trade pricing data with BondDroid AI, 7 Chord's real-time...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
