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...
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...
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...
Greenwich Associates: 54% expect increased spend on consolidated data feeds
The onset of the COVID-19 crisis is highlighting the importance of market data infrastructure for both buy-side and sell-side firms, with pricing data feeds...
Fed’s Treasury Market Practices Group sheds light on March liquidity crisis
Minutes of the 31 March meeting of the Federal Reserve’s Treasury Market Practices Group (TMPG), including an update on a 19 March call between...
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...
