Internal crossing for US bond trading needs ‘principles-based’ approach
Buy-side firms have roundly supported Securities and Exchange Commission (SEC) proposals to allow internal crossing of fixed income trades in the US market, however...
Trading: Are bond markets broken?
Stressed events – like the gilt market turmoil – are proving too much for the secondary markets to handle.
Behind closed doors, senior traders are...
Octaura integrates list and RFQ into loan trading platform
Octaura has integrated list and request for quote (RFQ) protocols on its existing syndicated loan trading platform, in an effort to offer clients faster...
Symphony SPARC falls prey to debate on venue versus execution tool
Capital markets communication network, Symphony has been fined by the US derivatives regulator, the Commodity Futures Trading Commission (CFTC), after it found the firm’s...
S3 helps buy side analyse counterparty performance
By Flora McFarlane.
S3 has added contra reporting functionality to its Fixed Income Execution Quality Suite in order to provide greater insight for clients into...
Hargreaves Lansdown offers retail investors access to gilts in primary market
Hargreaves Lansdown is giving its clients access to Debt Management Office (DMO) Gilt auctions.
Tim Jacobs, head of primary markets, Hargreaves Lansdown, says, “This...
E-trading ‘outpaced’ voice for some traders in liquidity crisis
The market has evolved valuable alternatives to traditional dealer liquidity.
Electronic trading was tested in the March 2020 sell-off, and it held up well. But, most...
FILS US 2023: Trading protocols urgently need to evolve, says All-Star Panel
Panelists speaking on the All-star Protocol Predictions Panel in Nashville this week agreed that, love it or hate it, the request for quote (RFQ)...
Quantum computing ‘breakthrough’ has “more red flags than a People’s Liberation Army parade”
The claim by HSBC that noise in an IBM quantum computer helped deliver a 34% improvement in algorithmic trading performance has been disputed by...
FILS USA 2023: Traders test the water with new execution methods
The ability to use new trading protocols can be highly dependent upon the funds that a desk trades for and the types of instruments...
