Project Amber: Dealer consortium developing new bond trading venue
A consortium of sell-side firms is developing a trading platform in the fixed income space, which could rival existing venues including Bloomberg, MarketAxess and...
OpenYield set for expansion with latest funding round
Closing a US$7 million funding round, bond marketplace OpenYield plans to boost its client base, drive global expansion and expand its product range. The...
Handelsbanken Fonder AB adopts Bloomberg’s PORT Enterprise
Handelsbanken Fonder AB, a subsidiary of Handelsbanken managing approximately 100 mutual funds, has adopted PORT Enterprise, Bloomberg’s portfolio and risk analytics solution, to further...
Barclays: European portfolio trading to hit 18% in three years
Portfolio trading share in Europe’s investment grade market could get closer to that of the US from its current 10–12% level in volume to...
Rules & Ratings: Covered clearing agencies subject to new risk management rules
The SEC has amended rules related to the risk management and resilience of covered clearing agencies, introducing new requirements around intraday margin collection and...
Trumid growing HY market share
By Flora McFarlane.
Trumid has announced trading volumes of US$2 billion in January 2018, more than doubling 2017 figures, with daily averages of over US$100mm...
Bloomberg forces SEC to provide cost analysis of primary issuance database
Bloomberg has had its case for the US Securities and Exchange Commission (SEC), to provide an analysis of the costs for a primary bond...
AFME welcomes ESMA ‘call for evidence’ on shortening settlement cycles
In response to a ‘call for evidence’ on shortening settlement cycles in the European Union (EU), published by the European Securities and Markets Authority...
Hiring spree sees banks bolster fixed-income desks
By Flora McFarlane.
A Greenwich Associates report indicates banks are rebuilding their sales and trading desks in response to several quarters of growth in fixed...
Andrew Bresler to lead Saxo UK
Online trading and investment firm Saxo has appointed Andrew Bresler as CEO of its UK business, effective 3 June. He replaces interim CEO Simon...
FILS 2022: Dealers address Project Amber, streaming prices and increasing competitiveness
Market making has not fully matched buy-side demand in 2022, with trading desks voicing ongoing concern about bidless markets in some areas of fixed...
FILS 2022: How ‘Giltmageddon’ could hit LDI specialists and drive new regulation
Traders at the Fixed Income Leaders Summits (FILS) largely reported that bond markets were quiet this week, with high yield and emerging bond markets...
