ESMA clarifies CTP exclusion criteria documents
ESMA has clarified the documents that firms bidding to be consolidated tape providers (CTP) must provide during the application process.
In the first stage of...
High yield issuance may bounce back
The data for Q1 bond issuance in European high yield (HY) markets shows that it fell 22.7% according to the Association for Financial Markets...
Investor Demand: Fixed income securities holdings fall in November; equities spike
Fixed income securities holdings fell by 80 basis points in November, according to State Street Holdings Indicators.
November results show that long-term investor allocations to...
ION connects to FMX Futures Exchange
ION has connected to the FMX Futures Exchange, which opened on 23 September 2024, meaning clients can now trade on the newly launched exchange...
ESMA consults on MiFIR trading obligation for derivatives
By Sobia Hamid.
The European Securities and Markets Authority (ESMA) has published today a consultation paper regarding its draft technical standards specifying the trading obligation for derivatives under...
Shape the way you access The DESK in 2025
In 2025 we will be introducing proprietary data tools to allow our readers to research bond issuers and issuance activity.
To support our independent sourcing...
Sterling dealers recommend SONIA as alternative to LIBOR
The Bank of England’s Working Group on Sterling Risk-Free Reference Rates – a group of major dealers active in sterling interest rate swap markets – has...
Dealers had ‘exceptional’ 2022 for fixed income; JP Morgan tops Q1 DCM winners
Research by front-office technology provider, valantic FSA, and analyst firm, Acuiti, has found that 52% of dealers had an ‘exceptional’ year for fixed income...
Gensler confirmed to depart SEC
The Securities and Exchange Commission has announced that its 33rd Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm on...
Pimco says Fed’s new repo facility should ease future stress
Asset manager Pimco said the US Federal Reserve’s creation of a permanent standing repo facility (SRF) will help develop more resilient funding markets, although...
Euronext issues €600bn in Portuguese treasuries
Euronext Lisbon is issuing new floating rate treasury bonds (OTRV) on 18 July, maturing in July 2031.
The offering received a total €612 billion, €423...
SoCal insurance firm suffers credit outlook relegation
January’s California wildfires have hit insurance companies hard, with AM Best relegating multiple-line insurance organisation Mercury General Corporation and its subsidiaries to a negative...
