CME Group to launch Chicago UST CLOB
CME Group is launching a second BrokerTec central limit order book (CLOB) for cash US Treasuries in Q3. Client testing begins on 27 April.
The...
US corporate bond market growth continues upward trend in July
The US corporate bond market in July saw increases across nearly all the metrics tracked by Coalition Greenwich, with average daily notional volume (ADNV)...
Tradeweb announces first fully electronic SOFR swap spread trade
Market operator Tradeweb reports it has completed the first fully electronic institutional Secured Overnight Financing Rate (SOFR) swap spread trade. BlackRock and JP Morgan...
Katana launches major product upgrade
AI investment and trading tool, Katana, has launched several new features including a secure watchlist, improved position-monitoring capabilities and refinements to its machine learning...
Emerging markets’ uneasy calm
Bid-ask spreads for fixed income trading in emerging markets have stabilised after a tumultuous year in 2022, according to TraX data, triggered by the...
Update: How big is portfolio trading?
In November 2020, we assessed the prevailing research on the size of portfolio trading in the corporate bond market. A new report from Coalition...
T Rowe Price picks IMTC for SMA launch
T Rowe Price has chosen IMTC to support its fixed income separately managed accounts (SMA) services.
Global asset manager T Rowe Price holds approximately US$1.65...
RBC Capital Markets onboards Harry Williams
Harry Williams has joined RBC Capital Markets as a credit trader. He is based in London.
RBC Capital Markets reported CAD 12 billion in revenue...
Hanneke Smits appointed CEO of BNY Mellon Investment Management
Hanneke Smits, CEO of BNY Mellon subsidiary Newton Investment Management, is to be appointed CEO of BNY Mellon Investment Management, following the retirement of...
MarketAxess: In focus: Systematic fixed income trading strategies
As a growing number of banks, hedge funds and asset managers begin deploying more systematic and quantitative strategies across fixed income trading, Max Callaghan,...
MiFIR and MiFID II: Council adopts rules to support market data transparency
The Council of the European Union has adopted changes to the EU’s trading rules concerning the Markets in Financial Instruments Regulation (MiFIR) and the Markets in Financial Instruments...
Allegra Berman to leave HSBC
Allegra Berman will leave HSBC at the end of September, according to an internal memo seen by The DESK.
Berman joined the firm in 2013,...
