Dan Toomey poached by Millennium
Dan Toomey has been named senior trader at Millennium, moving from his previous roll as a portfolio manager at Verition Fund Management, a position...
WaveLabs signs up its first hedge fund client
WaveLabs, developer of the specialist fixed income trading technology, eLiSA, has signed up its first hedge fund client.
The eLiSA execution management system (EMS), created...
Ediphy Analytics announces ten financial institutions working with its consolidated tape
Data analytics provider Ediphy Analytics is now working with over ten global financial institutions, including Norges Bank Investment Management, Deutsche Bank, Citadel Securities and...
Ratings and Analysis: Is the life insurance the wobbly leg of finance?
US life insurer, Brighthouse Financial, was downgraded by ratings agency Fitch on Monday, following the announcement it was to be acquired by private investment...
bfinance finds insurers’ move away from fixed income is accelerating
Analysis by investment research firm, bfinance, has found that the proportion of insurers decreasing their fixed income holdings has been accelerated by the pandemic,...
ESMA reports improving credit risk but Overbond warns on liquidity risk
The European Securities and Markets Authority (ESMA) has released its latest ‘Trends, Risks and Vulnerabilities’ (TRV) report, finding that fixed income markets continued to...
Singhal swaps SMBC for Mizuho
Shrey Singhal has joined Mizuho as director of USD investment grade credit trading.
Based in New York, Singhal specialises in insurance and asset managers and...
CME Group set to clear US cash Treasuries
A CME Group representative has confirmed to The DESK that the company is set to enter US Treasury clearing.
The news was first reported...
The effect of trade sizes on high yield liquidity costs
Trading in high yield markets across the Atlantic is diverging considerably, with average trade sizes and bid-ask spreads tracking quite different patterns, according to...
Automation in the life-cycle of a trade
By Oliver Clark, Head of Product Development, MTS.
The role of the fixed income trader is radically and rapidly transforming. As more workflow shifts onto...
SMBC Nikko, first addition to the primary dealer list since 2022
On 3 February 2025, SMBC Nikko Securities America, Inc. (SMBC Nikko America), a registered broker-dealer and direct subsidiary of SMBC Americas Holdings, Inc., was...
A flying start to 2024 in European bonds may punish traders
The new year has seen a flying start in bond issuance in Europe, with a strong start relative to recent years driving €8.6 billion...
