Virtu Financial forms consortium to expand RFQ-hub
Virtu Financial, the market maker, broker and financial services technology provider, has formed formation of RFQ-hub Holdings to support the growth of RFQ-hub, Virtu’s...
Bond funds inflows close Q1 2024 at 20 year highs
Bond funds saw record inflows in Q1 2024, according to EFAMA’s International Quarterly Statistical Release, reaching their highest levels since 2004.
Bond funds inflows were...
Franklin Templeton to buy Putnam Investments
Franklin Templeton has entered into a definitive agreement to acquire Putnam Investments from Great-West for approximately US$925 million largely in equities.
Great-West will become...
Symphony acquires Cloud9 Technologies
Financial markets’ infrastructure and communications platform, Symphony, has acquired the trader voice and electronic communication company Cloud9 Technologies.
The acquisition is planned to support Symphony...
Bloomberg expands dataset on Chinese green bonds
Bloomberg has made the list of Chinese outstanding green bonds aligned with the China-EU Common Ground Taxonomy (CGT) available to Bloomberg Terminal users.
This new...
FI at “beginner’s stage of execution automation”
Traders are increasingly using new technologies to aggregate data, identify trends, and improve execution performance. The industry has long trailed equities in its adoption...
Middleton named global head of FI trading at Morgan Stanley IM
Dwayne Middleton has been promoted to global head of fixed income trading, nearly a decade into his career at Morgan Stanley Investment Management (MSIM)....
UPDATED: UBS continues to swing axe
UBS, the investment banking giant has reportedly cut further jobs from its markets division, with many people internally fearing more jobs are to go,...
April Day leads AFME capital markets
AFME has named April Day as head of capital markets.
Based in London, she replaces Rick Watson, who announced his retirement in July 2024.
Day has...
Industry viewpoint : smartTrade : Benjamin Becar
Finding solutions
Benjamin Becar, Fixed Income Product Manager at smartTrade Technologies, speaks to The DESK about how technology is key to overcoming buy-side fixed income...
Concannon to take the reins at MarketAxess
Market operator, MarketAxess, will see current CEO and chairman Rick McVey become executive chairman from 3 April 2023 as Chris Concannon, currently president and...
Reviewing 2022: European credit trading costs have doubled
There have been an enormous number of factors shaking up bond trading this year. From fixed income fundamentals like rapidly rising interest rates from...
