Pirum launches CSDR fails cost reporting
Trade reconciliation specialist, Pirum Systems, has launched a new fails report for the Central Securities Depository Regulation (CSDR), which will require a mandatory buy-in,...
EBA launches consultation on regtech
The European Banking Authority (EBA) launched an industry consultation to identify the main barriers and risks of deploying RegTech and potential ways to support...
Obligation to clear could be delayed to 2019 for smaller derivatives users
For financial counterparties, and certain funds classified as non-financial counterparties, whose individual aggregate positions in over-the-counter (OTC) derivatives are €8 billion or below, the...
S&P Global Ratings: European credit spreads still wide
In its latest ‘Europe Credit Markets Update’, S&P Global Ratings has painted a grim picture for European borrowers, notably in the high yield space,...
Credit trading desks seeing job cuts & hiring freezes, adding to operational pressure
Reports of reduction in headcount on buy-side trading desks at BlackRock, Nuveen and Wellington with cuts also reported at investment banks, are demonstrating the...
Is your EMS still an EMS according to ESMA?
A decision by the European Securities and Markets Authority (ESMA) on the ‘trading venue perimeter’ consultation which denotes when trading systems are regulated trading...
The DESK’s Trading Intentions Survey 2020 : Liquidnet
LIQUIDNET.
Liquidnet’s strength as a block-trading platform in the equity market may have paved its way for buy-side adoption in bonds, but it has certainly...
Rates : Munis : Dan Barnes
Return of muni futures shows the market’s got moxie.
The municipal bond market is addressing its problems head on and in doing so, defying...
EC’s new Capital Markets Union Action Plan drives equity consolidated tape forward
The European Commission has published a new Action Plan to boost the European Union's Capital Markets Union (CMU) over the coming years. The EU's...
Barclays survey finds half of clients trade 90% of rates tickets electronically
Barclays’ Market Structure team has released its third annual survey of bond market electronic trading for buy-side clients.
In rates markets, when asked what...
Broadway upgrades Duration Trader algo to tackle rates volatility
Broadway, the front-office system provider, has upgraded its Duration Trader algorithm in an effort to meet customer and market needs during an ongoing period...
Exclusive: Carl James to leave Pictet Asset Management
Carl James, global head of fixed income trading at Pictet Asset Management is leaving the firm in April to take his first non-buy-side role...
