Algomi taps bonds held in custody to release liquidity
BNY Mellon and HSBC are each partnering with pre-trade bond data specialist Algomi, to expand corporate bond trading opportunities for their custody clients and...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), venues that...
BlackRock’s Rieder: Fed will buy at least $1.5 trillion in Treasuries in 2020
Rick Rieder, BlackRock’s chief investment officer of Global Fixed Income, co-manager of the BlackRock Fixed Income Global Opportunities fund and BGF Global Bond Income...
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...
Meraki Global Advisors hires fixed income trader from Loomis, Sayles, & Company
Meraki Global Advisors has hired Meghan Siripurapu as a managing director at the firm’s Park City Headquarters in the USA, to meet the growing...
On The Desk: Juan Landazabal: On trader evolution
Juan Landazabal, global head of Fixed Income and Foreign Exchange Trading at Deutsche Asset Management describes the internal and external pressures that are shaping the...
Bid-ask spreads see double-digit tightening in early 2025
Analysis of MarketAxess’s CP+ data, which analyses composite trading costs based on traded bonds, has found that bid-ask-spreads have tightened by double digit percentages...
Fixed income up as investment bank revenues and headcount drop
Fixed income, currencies and commodities (FICC) revenues were up 3% year-on-year for investment banks in 2019, halting a two-year slide, according to the latest...
People: Hunter leaves MarketAxess; Louchard at AXA IM
Nichola Hunter has left MarketAxess as head of its rates business. Hunter joined the firm in 2020 when it acquired government bond marketplace LiquidityEdge,...
Citi invests in Cicada to boost institutional e-Trading of Mexican govies
Citi has made a minority investment in Cicada Technologies in order to boost the electronification of the US$500 billion Mexican fixed income market. Citi...
Women in Finance : Jennifer Peve, keeping ahead of the pack
Jennifer Peve talks to Lynn Strongin Dodds about innovation, experimentation and connections.
Jennifer Peve, managing director of Business Innovation at Depository Trust & Clearing Corporation...
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...