MarketAxess hit 21.5% of investment grade TRACE volume in Q2

MarketAxess hit 21.5% of investment grade TRACE volume in Q2

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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

Symphony’s new president outlines his vision

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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...
Rutter launches ambitious new bond ‘ecosystem’, LedgerEdge

Rutter launches ambitious new bond ‘ecosystem’, LedgerEdge

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David Rutter, founder of US Treasury platform LiquidityEdge and CEO of distributed ledger group R3, has built a team of financial market and technology...
Hanneke Smits appointed CEO of BNY Mellon Investment Management

Hanneke Smits appointed CEO of BNY Mellon Investment Management

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Hanneke Smits, CEO of BNY Mellon subsidiary Newton Investment Management, is to be appointed CEO of BNY Mellon Investment Management, following the retirement of...
Tradeweb sees volume drop in June

Tradeweb sees volume drop in June

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Bond market operator, Tradeweb, has reported its average daily volume (ADV) in June was US$780.9 billion (bn), a decrease of 8.9% year-on-year (YoY), largely...
Commerzbank’s CEO and chairman quit

Commerzbank’s CEO and chairman quit

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Commerzbank has announced that its CEO, Martin Zielke, will resign early on the basis of a mutual termination following a period of poor performance...
AllianceBernstein CEO calls for review of daily dealing bond funds

AllianceBernstein CEO calls for review of daily dealing bond funds

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Seth Bernstein, CEO of buy-side firm AllianceBernstein, has called for a review of daily dealing for clients, for mutual funds, while maintaining support for...
Big names out at BGC

Big names out at BGC

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Interdealer broker BGC Partners has made a wave of job cuts, as announced in April, which combined with recent departures has removed several heads...
Eurex and Newedge veteran joins bond issuance fintech

Eurex and Newedge veteran joins bond issuance fintech

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Jean-Luc Savignac has been named USA country manager at Onbrane, a negotiation and issuance platform, aiming at tokenising debt products and managing their life...
Fed’s Treasury Market Practices Group sheds light on March liquidity crisis

Fed’s Treasury Market Practices Group sheds light on March liquidity crisis

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Minutes of the 31 March meeting of the Federal Reserve’s Treasury Market Practices Group (TMPG), including an update on a 19 March call between...

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