BloombergGPT launches
Bloomberg has released a research paper detailing the development of BloombergGPT, a new large-scale generative artificial intelligence (AI) model.
This large language model (LLM)...
Concannon to take the reins at MarketAxess
Market operator, MarketAxess, will see current CEO and chairman Rick McVey become executive chairman from 3 April 2023 as Chris Concannon, currently president and...
Italian engineering
The longstanding debt market in Italy offers a good source of insight into the impact of changing rules around best execution and transparency in...
Primary ignition – at both ends
Politics are being sidelined in the battle for efficiency in primary markets for buyers and for issuers
The top operational priority for buy-side traders in...
Tim Baker joins BMLL to expand firm’s US presence
BMLL, the provider of historical Level 3 data and analytics, has appointed of Tim Baker as senior adviser. Based in New York, Baker will...
Fed begins buying bond ETFs
The Federal Reserve Bank of New York has begun to buy fixed income exchange-traded funds (ETFs) via its Secondary Market Corporate Credit Facility (SMCCF)....
LSEG names Charlie Walker London Stock Exchange deputy CEO
The London Stock Exchange Group (LSEG) has named Charlie Walker as deputy CEO of the London Stock Exchange (LSE).
Walker, who will also join the...
Double-digit growth in Deutsche Börse cash bonds
Despite the dominance of equities, bonds were 2024’s growth story in Deutsche Börse’s cash markets.
Börse Frankfurt recorded €818 million in December (up 29% YoY...
Eric Heleine leaves Groupama AM, joins AXA IM
Eric Heleine has joined AXA IM as head of electronic trading and data, effective 1 December. He reports to Yannig Loyer, global head of...
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...
How traders weathered the Treasury sell-off
The US Treasury’s auction of seven-year notes last Thursday saw the lowest investor appetite ever, according to some sources, leaving primary dealers holding the...
Bank of England to reduce gilt stock by £100bn
The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted to reduce the stock of gilts held in the Asset Purchase Facility (APF)...
