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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...

Exclusive: Karim Awenat promoted at Invesco

Karim Awenat has been promoted to head of EMEA and APAC macro trading at Invesco, which has assets under management of US$1.6 trillion. Awenat...

Implication of US bank downgrades on credit markets

Markets are truly feeling the economic pressures at present, with Moody’s downgrade to US financials on Monday following Fitch’s controversial downgrade of the US,...

Landazabal to lead trading at GAM

Juan Landazabal is to join Swiss asset manager, Global Asset Management (GAM), as global head of trading, according to an email seen by The...

Chatham Asset Management fined for improper bond trading

The Securities and Exchange Commission (SEC) has charged New Jersey-based Chatham Asset Management and its founder, Anthony Melchiorre, in connection with improper trading of...

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...

Swissquote sees jump in fixed income revenues in H1 on higher rates

Swissquote has seen its cash and fixed income revenue in H1 2023 increase markedly, helping the firm record a pre-tax profit of CHF124.9 million...

Vis Nayar named global CIO equities at HSBC AM

Vis Nayar has been promoted to global chief investment officer for equities at HSBC Global Asset Management. Having started his career at KPMG, he...

Adaptable AI: Predicting Bond Prices in the Year of Surprises

Kristina Fan, Founder and CEO of 7 Chord, tells The DESK how BondDroid, the firm’s proprietary machine-learning technology, is overcoming barriers to AI adoption...