Citadel confirms Chang to join in September
Citadel has confirmed that Isaac Chang, the head of trading at AQR Capital Management since 2016, will join the Citadel hedge fund in September...
Analysis: Electronic trading across US and European bond markets
Electronic trading of US credit erupted in May 2024, according to analysis of the US credit market by Coalition Greenwich. It found that investment...
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FENICS USTreasuries launch : Howard Lutnick : BGC Partners
Howard Lutnick: Revolutionising Treasury trading
Adapting its interdealer expertise for a buy‑side market, BGC is creating a unique trading mechanism to modernise the cash Treasury...
Dealers face crunch on platform trading costs
As bid-ask spreads tighten and fees rise, dealers question making markets in credit.
It does not take a quant to understand that tighter bid-ask spreads...
Analysis: E-trading platforms see gains and losses in corporate bond market...
Morgan Stanley analysis of the monthly reports from market operators Tradeweb and MarketAxess, has shown wins and losses in market share for both platforms.
Looking...
How the ICMA got firm on bond pricing
Buy-side traders have long decried the lack of executable price in bond markets. For the best part of a decade the electrification of these...
Flextrade and BlackRock platforms to integrate, extending OEMS consolidation trend
Execution management system (EMS) provider Flextrade and Aladdin, the order management system (OMS) developed by asset manager BlackRock, are to deepen their partnership, with...
The Fed’s TMPG begins consultation on clearing and settlement in US...
The Federal Reserve Bank of New York’s Treasury Market Practices Group (TMPG) has released a consultative white paper on clearing and settlement in the...
JP Morgan: Rates and credit trading show greatest electronic growth
The annual JP Morgan e-Trading survey, now in its fifth year, has found that, over the next two years, rates trading and credit trading...
Mystery surrounds APA failure in European bond markets
European bond market participants are keen to know which post-trade data reporter, known as an approved publication arrangement (APA), has ‘data quality issues’ resulting...