Glimpse Markets launches data-sharing for buy-side trading desks
Glimpse Markets, a new post-trade data sharing platform for fixed income, aims to turn data costs of the buy-side on their head, by providing...
EC suspends best execution reporting which is “not read at all”
The European Commission (EC) has adopted a Capital Markets Recovery Package, as part of the Commission's overall coronavirus recovery strategy which includes increased leniency...
MarketAxess hit 21.5% of investment grade TRACE volume in Q2
Fixed-income market and infrastructure operator, MarketAxess, has seen revenues for the second quarter of 2020 increase 47% year-on-year (YoY) to US$184.8 million, up from...
Symphony’s new president outlines his vision
Brad Levy, the new president and chief commercial officer (CCO) of Symphony, the capital markets communication network, has outlined his vision of the company’s...
CMA: ION takeover of Broadway looks likely
The UK’s Competition and Market’s Authority (CMA) has reported there are “reasonable grounds for believing that the undertakings offered by ION, or a...
Reports indicate UBS Bond Port is on a tear
Several buy-side traders have reported they are seeing significantly increased volumes and buy-side activity on the UBS Bond Port platform in the second quarter...
Office of Financial Research: Treasury basis trades could pose systemic risk
A new paper from the Office of Financial Research (OFR) has cast doubt on the idea that basis trades increased the lack of liquidity...
Feedback on Tradeweb ICE Constant Maturity Treasury Rates requested by 18 September
Fixed income market operator Tradeweb has published a paper along with Intercontinental Exchange (ICE) Benchmark Administration (IBA) introducing the daily Tradeweb ICE Constant Maturity...
Citadel confirms Chang to join in September
Citadel has confirmed that Isaac Chang, the head of trading at AQR Capital Management since 2016, will join the Citadel hedge fund in September...
Morgan Stanley: Fed buying programme has benefits beyond direct purchases
Analysis of the Federal Reserve’s Secondary Market Corporate Credit Facility (SMCCF) by Morgan Stanley analysts has found that its purchases of exchange traded funds...
