Systematic, hydromatic; can credit get as fast as greased lightning?
Some investment firms have claimed they can fully systematise credit trading by 2025, The DESK investigates.
Investment managers and banks are rapidly adopting systematic approaches...
Neil Kleinman to head up debt capital markets at Joseph Gunnar
Emerging growth markets-focused broker-dealer and investment bank, Joseph Gunnar & Co (JGUN), has appointed Neil Kleinman as head of debt capital markets.
Kleinman will...
Cowen boosts fixed income outsourced trading team with two hires
Cowen has expanded its fixed income outsourced trading team with two senior hires, Vincent Governara and Chris Taliercio. Both traders bring over 15 years’...
FILS 2021: Portfolio trading up threefold
Portfolio trading in fixed income has grown threefold in two years, data from Flow Traders reveal.
Speaking at the 2021 Fixed Income Leaders Summit (FILS)...
Market reports: Algomi to be acquired
Market reports are that pre-trade data provider Algomi will be bought by interdealer broker BGC. Stu Taylor, formerly the CEO of Algomi, joined BGC...
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...
Electronic credit platforms report fresh rises in trading volumes for March and Q1
Electronic bond market operators saw a new boost to volumes in March, and in the first quarter more broadly, as volatility in capital markets...
A flying start to 2024 in European bonds may punish traders
The new year has seen a flying start in bond issuance in Europe, with a strong start relative to recent years driving €8.6 billion...
Analysing concern around Japan’s government bond issuance and interdealer inefficiency
The appointment of Liberal Democratic Party (LDP) leader Sanae Takaichi as the country’s first female prime minister has drawn comparisons with two of the...
Tangible returns from bond trade automation
Adoption of automated trading continues apace across several bond markets and within different grades of instrument. Gareth Coltman, global head of automation at MarketAxess,...
