Big names out at BGC
Interdealer broker BGC Partners has made a wave of job cuts, as announced in April, which combined with recent departures has removed several heads...
Trading outsourcer Tourmaline hires three senior executives
Outsourced trading solutions firm Tourmaline Partners has added Alex Goodman and Matt Sindell as managing directors, and Darren Mazzuca has joined as director of...
Eurex and Newedge veteran joins bond issuance fintech
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...
Greenwich Associates: 54% expect increased spend on consolidated data feeds
The onset of the COVID-19 crisis is highlighting the importance of market data infrastructure for both buy-side and sell-side firms, with pricing data feeds...
Fed’s Treasury Market Practices Group sheds light on March liquidity crisis
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...
Reported Flextrade/MarketAxess link promises efficient buy-side trading
Reports that buy-side traders are able to manage trades directly in the MarketAxess platform via execution management system (EMS) Flextrade are creating considerable interest.
Most...
AxeTrading expands modelling and pricing tools; builds out FX and futures
AxeTrading, the fixed income trading software provider, has launched version 5 of AxeTrader, its fixed-income trading system for sell-side and buy-side firms. This latest...
BlackRock’s Rieder: Fed will buy at least $1.5 trillion in Treasuries in 2020
Rick Rieder, BlackRock’s chief investment officer of Global Fixed Income, co-manager of the BlackRock Fixed Income Global Opportunities fund and BGF Global Bond Income...
ICMA: Buy side struggled to make margin calls as repo dried up
A new report, ‘European repo market and the COVID-19 crisis’ published by the International Capital Markets Association, has found that some buy-side firms had...
Not fighting the Fed on high yield flow
High yield bonds have seen electronic trading in the US increase, with liquidity enhanced by the Federal Reserve’s announcement on 9 April that it...
