Editorial: Oversight of US bond markets is broken
Oversight of the US bond markets is broken. The world’s sixth largest bank by assets, JP Morgan, was able to manipulate the US Treasury...
ICMA responds to digital securities sandbox proposals
The International Capital Market Association (ICMA) has suggested a number of amendments to the FCA and Bank of England’s proposal to implement and operate...
AFME finds sell-side fixed income data spend up 50% over five years
A study by the Association of Financial Markets in Europe (AFME) has provides a new view of rising fixed income data costs in eight...
Lindsey Spink joins American Century Investments as co-head, global fixed income trading
Lindsey Spink has been named co-head of global fixed income trading at American Century Investments (ACI).
He will report to Charles Tan and John...
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...
The trouble with Treasuries
The DESK asks Susan Estes, CEO, OpenDoor Trading LLC., for her insights into the US Treasuries market.
How would you describe the depth and width...
Half of US IG credit e-traded in July
Electronic trading levels in US investment grade credit hit the halfway mark in July, up one percentage point year-on-year to take 50% of notional...
Signalling risk in credit, if one counterparty is 50% volume
How do you avoid information leakage? Does this change if half the market is trading with a single counterparty? Knowing that electronic market maker,...
NatWest issues fixed rate note via LSEG’s DCM Flow
NatWest has executed a ¥1 billion 5-year fixed rate note on the London Stock Exchange’s DCM Flow which is underpinned by Nivaura’s technology. DCM...
Bridgewise concludes series A funding
AI-based global securities analysis platform Bridgewise has raised US $21 million in series A funding, bringing its total raised capital to US $35 million.
The...
Bloomberg expands market-on-close list trading facility
Bloomberg has expanded its market-on-close list trading protocol to include US Treasuries.
The service, which was launched for European government bonds in 2024, allows traders...
FICC marks new GSD daily activity record of US$9.2 trillion
The Government Securities Division (GSD) of the Depository Trust & Clearing Corporation’s (DTCC) Fixed Income Clearing Corporation (FICC) cleared US$9.2 trillion in daily activity...
