Intercontinental Exchange consolidates bond business under new broker-dealer
Intercontinental Exchange is consolidating its ICE BondPoint, TMC Bonds and ICE Credit Trade businesses under a single management team and banner, ICE Bonds, which...
State Street consolidates client-facing Investment Services under O’Hanley
Louis Maiuri, president, chief operating officer and head of Investment Services at State Street Corporation will retire by early 2024, with Ron O’Hanley, chairman...
Izzy Conlin & Bryan Knapp: On cutting through complexity
There is nothing simple about the task facing BlackRock’s dealing teams, who trade for some of the world’s largest fixed income positions. For Izzy...
Jane Street: Ten years of progress
The DESK and Jane Street first met in 2014 at FILS – we speak with Ian Shea, Head of Fixed Income Trading.
How has...
Kerätär takes new trading role at Elo
Antti Kerätär, senior dealer at OP Financial Group in Finland, is moving to a new role at Elo Mutual Pension Insurance Company as part...
Price volatility in credit
We saw a big drop in average bid-ask spreads (>7%) for US investment grade (IG) last week, possibly a response to the massive levels...
New issuance process unchanged for 59% of traders despite electronification
New research from analyst firm, Coalition Greenwich, has found that 59% of traders are still waiting to see an improvement in the new issue...
The Trading Intentions Survey 2022
New platforms and late bloomers are all seeing greater interest.
This year buy-side desks have a renewed vigour for investing in trading tools, with far...
Subscriber
Dan Hinxman joins Bloomberg
Bloomberg has hired Dan Hinxman as head of European credit electronic trading following his departure from Liquidnet last year.
Hinxman was a managing director...
One desk for multi-asset low-touch trading
If a single desk can trade all liquid instruments for an asset manager, it could see significant cost and process efficiencies. Lynn Strongin Dodds...
The cost of liquidity in EM today
A very graphic representation of the cost of liquidity can be seen in the latest data from MarketAxess. It shows that average daily volume...
On the DESK – Amy Flynn on the evolution of xBK
Amy Flynn is a managing director and the head of xBK, the buy-side fiduciary execution desk within BNY Mellon Execution Services. Amy has led the...