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...
Who is using outsourced trading?
A new study by analyst firm Capco has outlined the drivers, pros and cons for buy-side outsourced trading, yet Capco was unable to say...
Katana expands instrument universe by 30,000 bonds
With a reported accuracy of 91%, Katana uses machine learning algorithms and the latest big data technologies to analyse live and up to ten...
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...
Greenwich: D2C Treasuries e-trading increases in July
An analysis of trading in the US Treasury space by Greenwich Associates has seen the proportion of electronic dealer-to-client activity (D2C) increasing in July,...
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...
LedgerEdge calls for industry participation in bond platform design
LedgerEdge, a new emerging ecosystem for the exchange of data and assets in the corporate bond market, has said Tim Cook, head of business...
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...
In uncertain times, corporate bond traders seek certainty of execution
Portfolio trading has emerged as a go-to mechanism to buy or sell many bonds at once.
Traders want the best price - but they also...
Symphony’s new president outlines his vision
Brad Levy, the new president and chief commercial officer (CCO) of Symphony, the capital markets communication network, has outlined his vision of the company’s...