OpenDoor launches all-to-all dark pool for on-the-run US Treasuries
OpenDoor Securities has launched an all-to-all marketplace for on-the-run (OTR) US Treasuries. The anonymous order book will US Treasury venue to offer non-discriminatory pricing in benchmarks...
Buy-side firms warn on herding effect of QE
By Aulia Beg.
Portfolio managers have expressed concern about the ‘herding’ behaviour within the investment community, resulting from central banks’ quantitative easing (QE) programmes.
In a...
Is this the new era for electronic credit trading?
By Iseult E.A. Conlin, CFA., Managing Director, U.S. Cash Credit, Tradeweb.
Digital transformation is happening in industries all over the world. Whether it’s video streaming services disintermediating...
FCA fines former BAML bond trader for spoofing
By Flora McFarlane.
The UK’s Financial Conduct Authority (FCA) has fined a former Bank of America Merrill Lynch bond trader £60,090 for engaging in market...
Invesco’s AT1 bond ETF has “opened door to large investors” as AUM passes US$1...
The Invesco AT1 Capital Bond UCITS ETF has surpassed US$1 billion in assets under management, (AUM) with around US$500 million of net new assets...
China Focus: The secondary effect of defaults
The bid-ask spread for bonds in China’ property market has expanded by 300% this year, although even more so for Evergrande which increased by...
CMA: ION takeover of Broadway looks likely
The UK’s Competition and Market’s Authority (CMA) has reported there are “reasonable grounds for believing that the undertakings offered by ION, or a...
Bloomberg changes pricing model for fixed income trading – globally
Bloomberg is radically changing its charging model for fixed income trading. It is to apply fees for fixed income trading across its venues in...
InvestorAccess reaches milestone with 500th institutional investor on board
IHS Markit reports it has onboarded the 500th institutional investor to its buy-side InvestorAccess community, the firm’s digital primary market platform.
InvestorAccess first launched in...
Industry viewpoint: Automation – the road ahead
The DESK talks with Steve Toland, co-Founder of TransFICC about developments in fixed income workflow automation, what factors are driving this and why this...
