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...
European bond traders struggle with block trades and counterparties
Analysis of the European and US corporate bond markets by Coalition Greenwich has found that block trades and counterparties are a far greater concern...
Tradeweb reports ADV in June up 35% year-on-year
Tradeweb has reported that its total trading volume for June 2021 reached US$23.1 trillion. Average daily volume (ADV) for the month was US$1.05 trillion,...
MarketAxess rides all-to-all and volume growth to record revenues in Q1
Bond market operator MarketAxess has reported Q1 2021 revenues of US$195.5 million, up 16% on the previous year and a company record. While Q1...
MarketAxess launches centralised marketplace with integrated rates trading
Electronic bond market operator, MarketAxess, has launched a centralised fixed income trading marketplace integrating rates trading capabilities within the MarketAxess trading system.
MarketAxess acquired government...
November gives Tradeweb its second highest month’s ADV ever
Market operator Tradeweb has reported today total trading volume for November of US$18.7 trillion across its electronic marketplaces for rates, credit, equities and money...
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...
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...
Greenwich: RFQ cuts convertible bond spreads in half
New research by analyst firm Greenwich Associates has found that the request for quote (RFQ) protocol is cutting the spreads made by the most...
Messaging tools spike as remote trading takes off
Providers of messaging tools used by portfolio managers, buy-side traders, sales traders and sell-side dealers have seen volumes spike as remote working becomes a...
