ING’s AI is smarter at pricing bonds
By Flora McFarlane.
ING has launched Katana, a new artificially intelligent (AI) bond trading tool which uses predictive analytics to help price trades for clients....
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...
Justin Lada leaves Barclays for Susquehanna
Justin Lada, Barclays’ global head of electronic strategy for credit trading & sales has announced he will be joining proprietary trading firm Susquehanna, as...
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...
Greenwich: Buy-side traders rate counterparties by data, not friendship
Relationships are becoming less important when buy-side traders are deciding which counterparties to trade with, as data on previous trading activity takes on a...
Greenwich Associates: Fixed-income future shaky for dealers
By Flora McFarlane.
Analyst firm Greenwich Associate’s report on investment banks trading European fixed income, has indicated that the first half of 2017’s buoyancy on...
FCA fines former BAML bond trader for spoofing
By Flora McFarlane.
The UK’s Financial Conduct Authority (FCA) has fined a former Bank of America Merrill Lynch bond trader £60,090 for engaging in market...
Deutsche Bank fortifies its fixed income offering, announces systematic internaliser
By Flora McFarlane.
Deutsche Bank has signalled its intent in the fixed income game, with the German bank the first to say it will register...
MiFID II has fallen short on transparency say traders
MiFID II has fallen short on transparency and will potentially create tiered access to market information, says Juan Landazabal, global head of fixed income...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...