Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
Simon Johnson joins RBC as head of credit sales EMEA
Simon Johnson has joined RBC as managing director, head of credit sales EMEA, based in London and reporting to Janet Wilkinson, co-head, fixed income...
Tradeweb announces first fully electronic SOFR swap spread trade
Market operator Tradeweb reports it has completed the first fully electronic institutional Secured Overnight Financing Rate (SOFR) swap spread trade. BlackRock and JP Morgan...
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...
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...
Jefferies moves into outsourced fixed income trading with Siegel hire
Industry veteran Jory Siegel has joined Jefferies as head of fixed income outsourced trading, from Marex.
Siegel was previously managing director and head of fixed...
Scotiabank, Rabo Securities and Huntington Capital Markets join DirectBooks
DirectBooks, the capital markets consortium founded to optimise the bond issuance process has signed up Scotiabank, Rabo Securities and Huntington Capital Markets to join...
CGS-CIMB Securities adopts Bloomberg TOMS and data licence for expansion
Asia-based financial services provider, CGS-CIMB Securities International, has adopted Bloomberg’s Trade Order Management System (TOMS) and data via Bloomberg Data License (DL) to scale...
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...
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...
