Trumid collaborating with Jefferies in EM credit trading
Bond market operator, Trumid, is collaborating with Jefferies in emerging markets (EM) credit trading.
Jefferies will use Trumid’s Attributed Trading (AT) protocol and workflow solutions...
Bond funds hit by massive fee discounts; active revenues predicted to fall
Bond funds are dropping their investment management fees by up to 37% - in the case of passive funds – from those of the...
Results Summary: Q2 sees cautious bounce, but poor asset performance pressures profits
Revenues in Q2 have started to inch up at the major investment banks, despite less than stellar fixed income and equities results.
Looking at the...
How big can systematic trading get in credit?
Investors can achieve significant advantages though systematic trading, such as reduction of trader/investor bias, and responsiveness to signals. However, there are limits to the...
MarketAxess holds US credit trading high ground in April volatility
A burst of spread widening and credit ETF related trading pushed US electronic credit trading to another record in April.
TRACE volumes for investment grade...
Fitz Partners: Fund revenue margins drop 10% in 3 years, multi-asset offers hope
In the latest edition of its ‘Investment Advisory Fee Benchmarking Report’, fund research company Fitz Partners has looked at the different costs which make...
Fidelity International: “A new era for interest rates”
Steve Ellis, global chief investment officer for fixed income at Fidelity International has outlined dynamics which could affect debt markets in 2023.
“Fixed income markets...
Matthew Cousens joins Clear Street
Matthew Cousens has been appointed EMEA head of electronic execution at Clear Street. He is based in London.
Clear Street held US$49 billion in assets...
Direct streaming on credit trading platforms
Sell-side bond trading counterparties price trades according to their clients’ profiles, based on tiering systems. That model directs the pricing of risk according to...
DTCC proposes equity settlement cycle be shortened to T+1 within two years
The Depository Trust & Clearing Corporation (DTCC), the US post-trade utility has released a two-year industry roadmap for shortening the settlement cycle for US...
Bloomberg pricing and reference data on Goldman’s Marquee
Bloomberg’s Data License content is to be integrated with the Goldman Sachs Marquee platform, which the firms say will make it the first global...
J.P. Morgan: Survey reveals specific growth opportunities for electronic trading
Expectations of volatility jump as traders across the market seek liquidity and cost management through single dealer platforms.
J.P Morgan’s annual E-trading Edit, a comprehensive...
