Rosy picture for credit dealers as they lower IR risk
US dealer exposure to interest rate risk in their investment grade (IG) bond inventories hit its lowest level for twelve months in week of...
How much credit should dealers get – and for how much risk?
There is a tension between best execution obligations and the longer-term value of a dealer supporting liquidity provision. Buy-side traders are aware that their...
Halila Mazin joins KNG Securities
KNG Securities, the fixed income investment banking boutique, has appointed former Barclays distressed and emerging markets (EM) debt specialist, Halila Mazin, as fixed income...
Lothian joins SMBC Nikko Securities America; BNP Paribas poaches Guglieri
Andrew Lothian, a veteran of the credit trading markets, has joined SMBC Nikko Securities America’s credit trading desk. Lothian, whose career as a trader...
Location will determine bid-ask spreads for European bond traders
Where European bond traders and their counterparties are sat could affect the size of bid-ask spreads they are shown, thanks to a split in...
Chris McConville joins Kepler Cheuvreux
Broker Kepler Cheuvreux has made three major new appointments to support its strategic ambitions in equity brokerage: Stéphane Bouret as global head of equity...
Citadel Securities’ new hires are reinforcing US credit market expansion
Citadel Securities has seen a spate of hirings on its credit trading teams in January 2024, supporting its expansion into the corporate bond space...
Hiring spree sees banks bolster fixed-income desks
By Flora McFarlane.
A Greenwich Associates report indicates banks are rebuilding their sales and trading desks in response to several quarters of growth in fixed...
Demotivated dealers
By Flora McFarlane.
Sell-side bond trading is losing its lustre for traders, according to Greenwich Associates research. Increasing automation and regulatory changes may be the...
Coalition: FICC up 50% for banks in H1, rates revenues doubled
Banks saw fixed income, currency and commodities (FICC) revenues rise by 54.6% in the first half of the year according to analyst firm Coalition....
