MTS and Wematch.live launch digital marketplace for interest rate swaps
MTS, the European electronic fixed income platform owned by Euronext, and Wematch, the tech firm that provides buy- and sell-side firms' dealing workflow systems,...
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...
Ancoa refuses to comment on rumoured CTO departure
Ancoa has said it will not comment on a unconfirmed report that founder and chief technology officer, Andrew Louth, is to leave the surveillance...
SGX, Trumid and Hillhouse Capital to launch new Asian bond trading platform
Trumid, Singapore Exchange (SGX) and Hillhouse Capital have formed a joint venture, XinTru, to better support liquidity and execution in the Asian bond market...
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...
Five lessons from the closure of LSEG’s CurveGlobal
CurveGlobal, the interest rates derivatives market launched in 2016, is to run down its business before closing on Friday 28 January 2022, according to...
OpenDoor launches all-to-all platform in US Treasury market
OpenDoor Securities has launched a trading platform focussed on the less liquid segments of the US Treasury bond market. Nearly three dozen firms representing...
Trading : Intertwining electronic trading of credit and rates
Electronic market operators are bringing together credit and rates trading platforms in an effort to deliver more efficient execution for traders.
The interplay between the...
FCA says HFT firms exacerbate and profit from flash crashes
A paper published by the UK’s Financial Conduct Authority has said that high-frequency trading (HFT) firms and agency traders exacerbate flash crashes in the...
Office of Financial Research: Treasury basis trades could pose systemic risk
A new paper from the Office of Financial Research (OFR) has cast doubt on the idea that basis trades increased the lack of liquidity...
