Swedish broker shut for pushing risky bonds and illicit issuer payments
Swedish market regulator, Finansinspektionen (FI), has revoked all permits for Nord Fondkommission AB (Nord FK) to continue trading.
Nord FK is a securities firm whose...
AFM: No technical barriers for the implementation of a consolidated tape for fixed income
The Dutch Authority for the Financial Markets (AFM) sees no technical barriers for the implementation of a consolidated tape (CT) for fixed income. In...
MarketAxess EM extends coverage to Egypt, Hong Kong and Serbia
Bond market operator and data provider MarketAxess has added Egypt (EGP), Hong Kong (HKD) and Serbia (RSD) to its Emerging Markets (EM) local markets...
BMLL marks move into fixed income with Level 3 futures data
BMLL, a provider of historical Level 3 data and analytics, has expanded its product offering to include global futures, now available as asset class...
China focus: The outstanding debt of defaulters
Concern around issuer defaults in China is clearly based upon good evidence; our chart this week from S&P Global Ratings shows the annual growth...
Sukh Bachal hired by Neovest as co-head EMEA
Order/execution management system (OEMS) provider Neovest has hired Sukh Bachal as co-head Neovest EMEA and head of EMEA business development. Bachal was until recently...
Exclusive: Katana’s intellectual property up for sale
The intellectual property of Katana, which provides trade ideas to bond investors, has been put up for sale by Hilco Streambank. Developed in-house at...
Dom Holland joins LedgerEdge
LedgerEdge, the distributed ledger ecosystem for corporate bond trading, has appointed senior fixed income specialist Dom Holland to the role of business development for...
Trumid promotes Mike Sobel to co-CEO
Bond market operator Trumid, has named Mike Sobel as co-CEO alongside founder and co-CEO Ronnie Mateo. A founding member of Trumid’s team, Sobel will...
US inflation hits its highest level in three decades
Jonathan Baltora, head of sovereign, inflation and FX at AXA Investment Managers says, “US inflation rising by 0.9% in just one month brings it...
