People’s Bank of China sets out northbound rules for Swap Connect
The People's Bank of China has issued interim measures to standardise the interest rate swap market between the mainland and Hong Kong, protecting investor...
First trades of CME’s Mexican F-TIIE interest rate futures
Market operator the CME Group has processed the first trades of the new interest rate futures based on the Central Bank of Mexico's Overnight...
Record volumes reported across platforms
By Vineet Naik.
Record trading volumes have been reported across platforms in 2019 despite decreased volatility and challenging market conditions. LiquidityEdge, TradeWeb, and MarketAxess have...
Issuance and inflows paint more positive picture for EM liquidity
Over the past week emerging markets (EM) credit issuance saw US$7.6 billion in newly issued bonds, against US£900k the week before, while on the...
Hult: The dealer business is changing
Who are the big beasts of the bond markets today? The red ink on banks’ recent quarterly earnings reports writes the latest chapter in...
Ratings & Analysis: Fitch: US bank regulators converging with “informal alignments”
Executive actions have accelerated regulatory consolidation and centralisation between federal US bank regulators, according to Fitch Ratings.
These informal alignments, driven by executive orders rather...
UBS AM: Central bank mandates could change as deficit spend grows
Barry Gill, head of investments, UBS Asset Management has said that the market volatility seen in US markets following Trump’s 2016 election victory may...
ESMA reports EU bonds subject to MiFID II transparency
A total of 1,355 liquid bonds trading on EU trading venues are currently subject to MiFID II transparency requirements, according to the European Securities...
Symphony’s new president outlines his vision
Brad Levy, the new president and chief commercial officer (CCO) of Symphony, the capital markets communication network, has outlined his vision of the company’s...
MarketAxess launches centralised marketplace with integrated rates trading
Electronic bond market operator, MarketAxess, has launched a centralised fixed income trading marketplace integrating rates trading capabilities within the MarketAxess trading system.
MarketAxess acquired government...
TP ICAP in talks to buy Liquidnet
Interdealer broker TP ICAP is in advanced discussions to take over block-trading equity and bond trading market operator Liquidnet for US$700 million.
Liquidnet has a...
Origination: BMO issues US$1 billion in 60-year notes
The Bank of Montreal (BMO) has issued US$1 billion in additional tier 1 limited recourse capital notes (LCRN).
The series six LCRNs have a 6.875%...
