Swap market participants begin using DSB
It appears that swap market participants are beginning to use the service in increasing numbers as the Derivatives Service Bureau (DSB) reports a rise in...
Just 23% of buy-side firms confident in preparedness for MiFID II
By Flora McFarlane.
A new report by block-trading specialist Liquidnet says that MiFID II will drive automation in trading, but firms face many complexities and...
FILS 2021: Buy-side needs to make more noise for the right data
Data providers and regulators concur that the buy-side needs to communicate more clearly with politicians and suppliers if they are to get baseline bond...
EC: ESMA should run consolidated tape for fixed income
By Flora McFarlane.
An expert group organised by the European Commission to analyse the European corporate bond market has issued recommendations aiming to make issuance...
Municipal mean reversion
Dealers are now committing more capital in the muni market but future tax reforms threaten buy-side demand. Chris Hall reports.
Is the US municipal bond...
Federal Reserve group issues credit risk warning over US Treasuries trading
By Pia Hecher.
The Federal Reserve’s Treasury Market Practices Group (TMPG), which discusses issues in the US government bond market, has said that firms are...
BoE sets code of conduct for repo and securities lending
A new voluntary Money Markets Code setting out the standards and best practice expected from participants in the deposit, repo and securities lending markets...
Ancoa post-mortem: Spend was over four times greater than revenue
Ancoa, the troubled market surveillance firm that went into administration on 5 May 2017, had an average monthly spend of £450,000 in 2017, or...
SEC forms Fixed Income Market Structure Advisory Committee
By Flora McFarlane.
The Securities and Exchange Commission (SEC) has announced the formation and first members of its Fixed Income Market Structure Advisory Committee.
The committee,...
Europe’s pension fund managers face rising margin costs as EU clearing exemption deadline looms
European pension fund managers are facing rising margin costs thanks to the increased cost of financing additional collateral payments just as the EU’s clearing...
