CME Group set to clear US cash Treasuries
A CME Group representative has confirmed to The DESK that the company is set to enter US Treasury clearing.
The news was first reported...
Exclusive: Karim Awenat promoted at Invesco
Karim Awenat has been promoted to head of EMEA and APAC macro trading at Invesco, which has assets under management of US$1.6 trillion. Awenat...
Coalition Greenwich: Regulation and macro concerns dominate for derivatives users
A new report, ‘Derivatives Market Structure 2024: Focusing on Capital and Workflow Efficiency’, has found that 58% percent of end users of derivatives, and...
Why Europe’s electronic credit trading is accelerating
The level of electronic trading in European corporate bond markets has overtaken the US, according to analysis from firms including Propellant and Coalition Greenwich....
What is driving down EM trading costs?
Analysis of trade size and bid-ask spread data from MarketAxess’s CP+ pricing feed and Trax market data, which tracks activity across markets, indicates that...
Automation may relieve the liquidity burden of capital rules
Corporate bond markets are rapidly electronifying on both sides of the Atlantic. Electronification of trading creates a virtuous circle for delivering faster, more standardised...
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...
Bloomberg tops ESMA’s bond venue report for ISIN count in Q4 2023
The European and Securities Markets Authority (ESMA) has published its report on the highest volume traded for individual bonds, tracked by International Securities Identification...
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...
High Court of Hong Kong: Evergrande insolvent
A winding up order has been made against China Evergrande Group, the troubled property firm, through the High Court of Hong Kong.
In her ruling...
