Flow Traders: Algos supported 20% of bond flows in 2022
A new white paper from exchange traded fund (ETF) market maker, Flow Traders, estimates that in the past two to three years, credit algos...
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...
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...
Exclusive: Mediobanca’s rapidly growing credit business adds Marco Cravero as head of flow
Marco Cravero has joined Mediobanca in Milan as executive director and head of fixed income flow, as the bank seeks to expand its existing...
Simon McGhee joins Virtu Financial
Simon McGhee has joined Virtu Financial, the electronic market maker, covering exchange traded products and fixed income sales trading. McGhee has worked in the...
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...
Daniel Collins swaps gold for rates at Aurel BGC
Daniel Collins has joined Aurel BGC to head up its futures and options (F&O) rates team in Dubai, a month after winning a gold...
LedgerEdge calls for industry participation in bond platform design
LedgerEdge, a new emerging ecosystem for the exchange of data and assets in the corporate bond market, has said Tim Cook, head of business...
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...
Eric Morrow joins Apollo Global Management
Eric Morrow has been named chief operations officer (COO) of trading at Apollo Global Management, an asset manager with US$550 billion of assets under...
