Buy side wants new tools in primary market tsunami
Several buy-side traders report new primary bond market tools could come online this year in the US, with dealer consortium DirectBooks expected to step...
ICMA highlights key ‘dysfunctional’ areas of credit market
The International Capital Markets Association has reported on March’s sell-off and the impact on the corporate bond market, noting that “by March 18, considered...
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...
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...
Fed: No bond ETF fees for BlackRock; JP Morgan still AWOL
Under the new Federal Reserve asset purchasing programme, BlackRock, the asset manager which is acting as the trading function for the programme, will charge...
MTS BondsPro pushes into Mexican bond markets
Fixed income market operator MTS Markets, part of London Stock Exchange Group (LSEG), has expanded its reach into Mexico via a marketing agreement with...
Greenwich: RFQ cuts convertible bond spreads in half
New research by analyst firm Greenwich Associates has found that the request for quote (RFQ) protocol is cutting the spreads made by the most...
Coalition: Sell-side FICC productivity levels rocketed in Q1
Research by analyst firm Coalition has found investment banking revenues reaching a five-year high in the first quarter of 2020, while headcount dropped significantly,...
Citi and JP Morgan absent from Fed programme
The list of eligible dealers for the Fed’s bond and exchange-traded fund programme for the 12th May has been published and it is missing...
Fed begins buying bond ETFs
The Federal Reserve Bank of New York has begun to buy fixed income exchange-traded funds (ETFs) via its Secondary Market Corporate Credit Facility (SMCCF)....
