Odd-lot bond case alleges pressure on Bloomberg and collusion
In the US Southern District Court of New York, a class-action lawsuit has been brought against a group of banks, alleging that since 1...
Study finds 21% of buy-side lost access to tradable instruments in crisis
A new ‘Derivatives Insight Report’ by analyst firm Acuiti has found that 21% of buy-side firms, including proprietary trading firms and asset managers, suffered...
RBC hires Sayers from Citi to lead HY sales
Joe Sayers has joined RBC Capital Markets from Citi as head of high yield and loan sales, based in London and reporting to Janet...
EM in ‘limbo’ provides trading and pricing challenges
Emerging market bond funds have seen outflows continue to slow significantly, with Morgan Stanley’s analysts estimating it at US$1.8 billion, equating to about 0.42%...
UBS’s Slade announces major changes in DCM team
David Slade, global co-head of leveraged and debt capital markets (LDCM) at UBS has announced in an internal memo, seen by The DESK, that...
ICMA: Fully-automatic credit trading has grown; block liquidity has reduced
The International Capital Markets Association has found 44% of buy-side trading desks have increased their use of rules-based, fully automated electronic execution compared with...
Fixed income up as investment bank revenues and headcount drop
Fixed income, currencies and commodities (FICC) revenues were up 3% year-on-year for investment banks in 2019, halting a two-year slide, according to the latest...
Trumid partners with Barclays
Bond market operator, Trumid Financial, has established a strategic partnership with Barclays. Barclays will join Trumid’s Trading Advisory Committee to collaborate on trading and...
EC launches wide ranging review of MiFID II/MiFIR and investment firms
The European Commission (EC) has launched a ‘Review of the regulatory framework for investment firms and market operators’ to capture any perceived changes needed...
Bloomberg pricing and reference data on Goldman’s Marquee
Bloomberg’s Data License content is to be integrated with the Goldman Sachs Marquee platform, which the firms say will make it the first global...
