ICMA responds to digital securities sandbox proposals
The International Capital Market Association (ICMA) has suggested a number of amendments to the FCA and Bank of England’s proposal to implement and operate...
BNY Mellon & GLMX connect buy-side repo trading to triparty
BNY Mellon and fintech firm, GLMX, are allowing buy-side clients to direct repo trades at point of execution to BNY Mellon's Triparty platform.
This...
The Book: European HY issuance proceeds spike in Q3
European HY bond issuance year-to-date has generated €121.3 billion in proceeds, the second highest results in AFME’s records. The figure fell just below 2021’s...
John Miller to join First Eagle Investments
First Eagle Investments has established a new High Yield Municipal Credit team. John Miller will join First Eagle on 2 January 2024, as head...
Fitz Partners: Fund revenue margins drop 10% in 3 years, multi-asset offers hope
In the latest edition of its ‘Investment Advisory Fee Benchmarking Report’, fund research company Fitz Partners has looked at the different costs which make...
FILS USA 2022: Boosting automation and innovation
The attention of buy-side portfolio managers and traders at the FILS conference in Nashville last week was focused on ways to better manage inefficiency...
Influx of buy-side support for Adamantia consolidated tape group
The Adamantia Consolidated Tape group has welcomed Allianz Global Investors, Amundi Asset Management, AXA Investment Managers, BayernInvest, Deka Investment, DWS, Invesco, MEAG, Union Investment,...
Tradeweb succession as Hult becomes CEO and Pluta becomes president
Tradeweb, the market operator for rates, credit, equities and money markets, has implemented leadership changes as part of its previously-announced succession plan.
Effective 1 January,...
Chinese equity sell-off leaves locals “more cautious” on debt
Buy-side traders in the Chinese debt markets are noting some effect from the equity sell-off, which was triggered by concern around government and regulatory...
Broadridge LTX rolls out BondGPT+ for enterprise financial services clients
Broadridge subsidiary LTX has launched BondGPT+, the enterprise version of its BondGPT application, which incorporates Broadridge’s patent-pending technology and OpenAI GPT-4 to answer complex...
Comparing Corporate Bond Liquidity Across Regions
By Grant Lowensohn and Hidde Verholt.
Highlights
The US corporate bond market offers a significantly greater number of ISINs with high daily trade counts than other...
Seeing through the pricing mirage
Traders and PMs found real value in using axes over onscreen prices during the recent liquidity crisis.
Neptune’s streaming of dealer axes continues to grow in value...
