Nomura taps IMTC to expand custom fixed income and muni capabilities
Nomura Asset Management International has selected IMTC’s platform to support fixed income capabilities across taxable and tax-exempt strategies. The move is aimed at offering...
Dealers face crunch on platform trading costs
As bid-ask spreads tighten and fees rise, dealers question making markets in credit.
It does not take a quant to understand that tighter bid-ask spreads...
Cboe: The future of credit is here – why credit index futures are finally...
David Litchfield, Director of Cboe Derivatives Sales, Cboe
After years of false starts, credit index futures have finally gained traction in institutional portfolios. The Cboe...
Let’s be open….
Herb Werth, Managing Director, IHS Markit
As capital markets innovators, one area where we’ve spent considerable time recently has been new issuance. At first glance,...
Research reveals deep divisions in trading style set by AUM and geography
Larger firms are able to take advantage of more bespoke trading opportunities, but location matters.
The DESK’s latest trading protocols research has found that the...
Getting the measure of sell-side portfolio trading
In its recent report on investment banking activity in 2020, analyst firm Coalition observed that there had been substantial growth in sell-side portfolio trading,...
TORA’s OEMS integrates with Liquidnet’s IA Trader
Trading systems provider TORA has integrated its order and execution management system (OEMS) with a global institutional investment network, Liquidnet’s IA Trader. The integration...
E-trading stagnates in US rates
E-trading is stuck in US rates, remaining at 54% of the market month-on-month (MoM) and falling two percentage points year-on-year (YoY).
Dealer-to-client e-trading was also...
Loyer promoted at AXA IM
Yannig Loyer has been named global head of trading, securities financing and derivatives at AXA Investment Managers (AXA IM). He was appointed ahead of...
What is driving down EM trading costs?
Analysis of trade size and bid-ask spread data from MarketAxess’s CP+ pricing feed and Trax market data, which tracks activity across markets, indicates that...
FCA appoints UK Secondary Markets Advisory Committee members
The FCA has appointed members of the UK secondary markets advisory committee for June 2024 to June 2026.
The committee supports the FCA’s work in...
FINBOURNE completes Series B funding round
FINBOURNE Technology has raised £55 million in Series B funding, led by Highland Europe and AVP. The firm remains majority employee owned.
The results follow...
