Outsourced trading consolidates further with State Street’s new acquisition
State Street Corporation has entered into a definitive agreement to acquire CF Global Trading, a global firm specialising in outsourced trading on an agency...
List trading goes live on MTS BondsPro all-to-all order book
MTS Markets , part of London Stock Exchange Group (LSEG), has added list trading functionality to its MTS BondsPro corporate bond trading platform, enabling...
Gensler “Just not feeling it”
Gary Gensler, chairman of the US Securities and Exchange Commission (SEC) and self-styled ‘Market Daddy’ has said he will pull back on most of...
Aité: Buy-side desk sophistication is driving EMS innovation
A new report by analyst firm Aité, entitled, ‘OMS/EMS Convergence in the Cloud: Better Together’, author Spencer Mindlin has identified two major trends in...
Citadel poaches Rauseo
Kevin Rauseo has joined Citadel LLC, the alternative investment firm. Rauseo, who was formerly an executive director and head credit trader at rival systematic...
Izzy Conlin & Bryan Knapp: On cutting through complexity
There is nothing simple about the task facing BlackRock’s dealing teams, who trade for some of the world’s largest fixed income positions. For Izzy...
FTSE Russell weighs country accessibility for fixed income traders
FTSE Russell, the index and data firm, is introducing a country classification process for fixed income. The newly introduced fixed income framework, which is...
Hanneke Smits appointed CEO of BNY Mellon Investment Management
Hanneke Smits, CEO of BNY Mellon subsidiary Newton Investment Management, is to be appointed CEO of BNY Mellon Investment Management, following the retirement of...
Credit trading desks seeing job cuts & hiring freezes, adding to operational pressure
Reports of reduction in headcount on buy-side trading desks at BlackRock, Nuveen and Wellington with cuts also reported at investment banks, are demonstrating the...
Lutnick on FMX vs CME: “Put us toe-to-toe in the ring and we’re on.”
Interdealer brokers and market operator BGC Group intends to launch its futures exchange for US Treasury and SOFR contracts this summer to compete with...
