Trumid promotes Mike Sobel to co-CEO
Bond market operator Trumid, has named Mike Sobel as co-CEO alongside founder and co-CEO Ronnie Mateo. A founding member of Trumid’s team, Sobel will...
Beyond Liquidity: T+1 Testing Begins
DTCC, the US post-trade market infrastructure, formally started the testing program for moving to a shorter settlement cycle on 14 August so market participants...
Digital Asset’s new markets blockchain backed by CBOE, Deutsche Börse and ASX
Digital Asset and a group of capital market participants plan to launch the Canton Network, a ‘privacy-enabled’ interoperable blockchain network designed for institutional assets....
Chris McConville joins Kepler Cheuvreux
Broker Kepler Cheuvreux has made three major new appointments to support its strategic ambitions in equity brokerage: Stéphane Bouret as global head of equity...
Exclusive: Trumid hires former Neptune CTO Gavin Collins
Trumid has hired Neptune’s former chief technology and product officer, Gavin Collins.
The newly created role will see Collins head up Trumid’s dealer-to-client Attributed Trading...
ICMA proposes post-trade deferral regime for sovereign bonds
The international Capital Markets Association (ICMA) has proposed a deferral regime for post-trade sovereign bond data, to counter the ‘complicated’ approach currently allowed.
In...
Alaa Bushehri promoted at BNPP AM
BNP Paribas Asset Management (BNPP AM) has appointed Alaa Bushehri as head of emerging markets debt. She reports to Olivier de Larouzière, chief investment...
Credit Market Structure Alliance: The real market agenda
The CMSA, invitation-only event, is setting an agenda based on market professionals’ concerns, and has captured a groundswell of interest.
The DESK: What has been...
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BondBloxx outsources trading to Northern Trust
Northern Trust providing outsourced trading services to BondBloxx, an issuer of fixed income exchange traded funds (ETFs) which recently surpassed US$1 billion in assets...
Origination: Mars issues US$26 billion to acquire Kellanova
Mars Inc has issued US$26 billion in senior notes in a private transaction to fund its acquisition of snacking company Kellanova, formerly Kellogg’s.
The offering...
FILS 2021: Portfolio trading up threefold
Portfolio trading in fixed income has grown threefold in two years, data from Flow Traders reveal.
Speaking at the 2021 Fixed Income Leaders Summit (FILS)...
The Federal Reserve faces legal challenge over stress tests and their implication on capital...
As an early Christmas present, major banking and business associations filed a lawsuit on the 24th of December against the Federal Reserve System's Board...
