Tradeweb caps record Q4; December lighter than analyst predictions
Market operator Tradeweb reported a total trading volume for December 2021 of US$19.9 trillion across rates, credit, equities and money markets, a decline of...
Propellant.digital names Charlie Gibson head of EMEA sales
Propellant.digital has named Charlie Gibson as head of EMEA sales, based out of the firm’s London office.
Gibson is responsible for sales to buy-side and...
Aladdin users gain Cassini support for derivatives trading
BlackRock has partnered with Cassini Systems, the pre- and post-trade margin and collateral analytics provider, to integrate Cassini analytics into BlackRock’s Aladdin order and...
Credit Agricole, R. Seelaus & Co. and Siebert Williams Shank join DirectBooks
Credit Agricole Corporate & Investment Bank, R. Seelaus & Co. and Siebert Williams Shank have joined the primary bond market platform operator DirectBooks. The...
The liquidity gap between 144A and Reg S bonds
144A and Regulation S (Reg S) securities have distinct regulatory backgrounds and key differences. Liquidity measures such as Bid-Ask spread and post-issuance volumes in...
Origination: James Hardie secures US$3.5 billion in credit facilities
Global building materials company James Hardie Industries has syndicated credit facilities totalling US$3.5 billion.
The figure consists of a US$1 billion revolving credit facility and...
ICMA: Fully-automatic credit trading has grown; block liquidity has reduced
The International Capital Markets Association has found 44% of buy-side trading desks have increased their use of rules-based, fully automated electronic execution compared with...
The Book: France issues first digitally native note
Caisse des Dépôts et Consignations (CDC) has issued France’s first digital native note as part of European Central Bank trials to settle wholesale transitions...
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...
Fixed Income Automation Surge: 60% of Credit Traders Now Use Robots
The electronification of fixed income markets is accelerating, driven by increased adoption of automated trading systems, with 60 per cent of credit market participants...
FILS in Barcelona: What will help traders best adapt to the new bond market?
Although the basic function of a trader – price and liquidity formation – has remained the same over the past two decades, the level...
JP Morgan: Treating the buy side as clients, not counterparties
The ability to aggregate external and internal liquidity can deliver streamed pricing in all markets.
JP Morgan is on the path to providing a combined...
