Top trends in fixed income electronification for 2018
By Flora McFarlane.
Analyst firm Aite Group has predicted six electronification trends for fixed income in 2018, highlighting further room for expansion for fintech firms,...
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...
BGC buys embonds, lay-offs confirmed
Interdealer broker BGC has confirmed its May 2018 acquisition of emerging markets bond trading platform embonds, while several sources close to the firm have...
Tradeweb to acquire Nasdaq’s eSpeed central limit order book
Electronic bond market operator, Tradeweb, has agreed to buy Nasdaq’s US fixed income electronic trading platform. The Nasdaq interdealer platform, formerly known as eSpeed,...
Greenwich Associates: Buy side negative on CLOB for US treasuries
By Flora McFarlane.
Only 16% of buy-side firms thought using a central limit order book (CLOBs) would have a positive impact on trading US treasuries,...
Tradeweb poaches Dan Cleaves to lead Dealerweb CLOB
Market operator Tradeweb has appointed Dan Cleaves, the former CEO of Brokertec Americas, as a managing director in its Dealerweb wholesale unit.
He said, “The...
How traders weathered the Treasury sell-off
The US Treasury’s auction of seven-year notes last Thursday saw the lowest investor appetite ever, according to some sources, leaving primary dealers holding the...
SEC report on algo trading highlights lack of joint oversight
US markets regulator the Securities and Exchange Commission (SEC) has published a report to the US Congress on algorithmic trading in US debt and...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
Why US and European exchanges face very different landscapes
While European authorities try to push more trading back onto stock exchanges, which have entered a period of consolidation, US regulators are angling for...
