TP ICAP launches MATCHBOOK ReBalance, announces Q3 results
TP ICAP, the interdealer broker and market infrastructure provider, has launched MATCHBOOK ReBalance, a new electronic trading solution that aims to reduce residual risks...
Trumid: Portfolio trading comes of age
For an institutional investment manager that needs to add or reduce risk in its corporate bond portfolio, being able to trade a custom basket...
Senior fixed income trader joins Bloomberg’s primary markets team
Keenan Choy, formerly a primary markets fixed income trader with Wellington Asset Management in the US, has been active in developing primary market processes...
Substantive Research reports market data pricing inconsistencies
Substantive Research, the data discovery and analytics provider for buy side firms, has published analysis of market data pricing, with a focus on opaque...
E-trading on the rise in Japanese bonds
Japan’s initially slow adoption of e-trading is increasing in pace as local investors seek liquidity in local and foreign markets, according to a recent...
Simon Johnson joins RBC as head of credit sales EMEA
Simon Johnson has joined RBC as managing director, head of credit sales EMEA, based in London and reporting to Janet Wilkinson, co-head, fixed income...
SEC signs off US Treasury clearing for cash and repo
The US Securities and Exchange Commission (SEC) has adopted a rule designed to reduce risk in the US Treasury market by ensuring that more...
Virtu launches liquidity scoring tool for fixed income
Electronic liquidity and technology provider, Virtu Financial, has expanded its multi-asset transaction cost model offering with the launch of Fixed Income Agency Cost Estimator...
Tradeweb Q2 revenues up 14%
Tradeweb has released its send quarter financial results, reporting $297.1 million in quarterly revenues, up 13.9% compared to prior year period, and US$1.2 trillion...
Citi bolsters Australian, New Zealand markets business with seven appointments
Citi Australia and New Zealand’s Markets business has expanded its team with seven appointments across markets sales, asset-backed securitisation and financing, G10 rates trading,...
Dan Toomey poached by Millennium
Dan Toomey has been named senior trader at Millennium, moving from his previous roll as a portfolio manager at Verition Fund Management, a position...
Regulation : Brokers warned on SI regime missteps : Dan Barnes
Regulators have expressed concern over banks’ plans for operating systematic internalisers (SIs) under the revised Markets in Financial Instruments Directive (MiFID II). Dealers have...