Treasury futures open interest shows record uncertainty; surpasses 17 million contracts
Derivatives market operator, CME Group, reports that open interest (OI) in its US Treasury futures reached a record 17,222,551 contracts on 12 May, the...
The Fed opens registration for commercial paper facility
The Federal Reserve Bank of New York has opened registration for firms wishing to sell to its Commercial Paper Funding Facility (CPFF).
The commercial paper...
CME Group completes migration of BrokerTec trading platform to CME Globex
Market operator CME Group has migrated the US Treasuries trading and US repo functions of BrokerTec business to its CME Globex platform. This follows...
Major concerns raised about repo
By Flora McFarlane.
Several buy-side practitioners have voiced warnings about the outlook for the ‘broken’ repo market, warning that European regulators needed to address the...
Industry viewpoint : Regulation & data : MTS
Securities Financing Transactions Regulation (SFTR)
Q&A with Tom Harry, Regulatory Specialist, MTS
How well prepared are institutions for the impending requirements of SFTR?
Most repo market participants...
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...
Trading: How to find liquidity in a drought
When market makers offer no bids for corporate bond trades, buy-side traders need to get creative.
Dealers are the main source of liquidity in the...
MarketAxess hit 21.5% of investment grade TRACE volume in Q2
Fixed-income market and infrastructure operator, MarketAxess, has seen revenues for the second quarter of 2020 increase 47% year-on-year (YoY) to US$184.8 million, up from...
Tradeweb reports US$18.5 trillion traded in September
Market operator Tradeweb has reported a total trading volume for September of US$18.5 trillion, with an average daily volume (ADV) for the month of...
Tradeweb executes first electronic SONIA swaps vs Gilt futures
Fixed income market operator Tradeweb has facilitated its first electronic execution of SONIA swaps against Gilt futures for institutional investors. The electronic transaction was...
