The rise of the overlay
Derivative overlays are gaining popularity in offering portfolio managers and traders flexibility in tough markets. David Wigan reports.
Investment managers are expanding their use of...
Exclusive: ICE relaunches enhanced sweeps session-based protocol, ICE RMA
Intercontinental Exchange, (ICE), has relaunched ICE Risk Matching Auction (RMA), an enhanced sweeps session-based protocol for dealer-to-dealer fixed income trading, which ICE president Peter...
Deutsche Bank fined, again
Deutsche Bank (DBK) is still falling foul of its past misconduct. The Comisión Nacional del Mercado de Valores (CNMV), Spain's National Securities Market Commission,...
Dealer engagement in multi-dealer platforms is growing
Sell-side firms appear to be increasing their engagement with corporate bond trading platforms. The narrative of increased bilateral trading between dealers and clients...
Liquidnet releases future rolls workflow service
Liquidnet has launched Roll Seeker, a tool to improve workflows associated with the execution of futures rolls.
Roll Seeker will enable the bilateral negotiation of...
BMLL marks move into fixed income with Level 3 futures data
BMLL, a provider of historical Level 3 data and analytics, has expanded its product offering to include global futures, now available as asset class...
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...
Flow Traders loses Ramon Baljé
Ramon Baljé, the head of fixed income at Flow Traders, the prominent Dutch market maker, is leaving the firm after six years.
During his tenure,...
MiFID II has fallen short on transparency say traders
MiFID II has fallen short on transparency and will potentially create tiered access to market information, says Juan Landazabal, global head of fixed income...
Not fighting the Fed on high yield flow
High yield bonds have seen electronic trading in the US increase, with liquidity enhanced by the Federal Reserve’s announcement on 9 April that it...
Bank of England to back the buy side in market turmoil
The Bank of England (BoE) will develop a new lending tool for non-bank financial institutions, starting with UK insurance companies and pension funds, which...
Automating the fixed income workflow: data is king
Automated trading is fast becoming the new normal in the global fixed income markets. Once considered too complex and nuanced for automation compared with...