Rates traders drop e-trading in April volatility
E-trading in US rates markets fell during April, with traders flocking to voice amid Treasury turmoil.
ADNV in US Treasuries spiked to US$1.342 trillion, up...
In uncertain times, corporate bond traders seek certainty of execution
Portfolio trading has emerged as a go-to mechanism to buy or sell many bonds at once.
Traders want the best price - but they also...
Viewpoint: Why bond traders are changing their habits
Informed traders are discovering that newer approaches to executing trades are more successful than older, habitual paths.
The DESK spoke with Max Callaghan of MarketAxess...
DirectBooks names team and launches advisory committee
DirectBooks, a sell-side consortium designing systems for the primary bond market, has named Yvonne Wang as chief operating officer, and Christopher Rodriguez as global...
Broadridge’s DLT repo platform volumes boom
Volumes on Broadridge’s Distributed Ledger Repo (DLR) platform jumped from US$1 trillion to US$5.9 trillion between August 2024 and 2025, a 490% year-on-year increase.
DLR...
ESMA consultation on RTS 2 marks accelerated process
The European Securities and Markets Authority (ESMA) has launched a consultation on the development of draft regulatory technical standards to specify the pre-trade thresholds...
Trade associations urge EU to ditch ‘uncompetitive’ active account requirement proposal
A number of trade associations have urged EU policymakers to delete the proposed Active Account Requirement, under the European Market Infrastructure Regulation (EMIR 3.0).
The...
The Agency Broker Hub – A history, by Gherardo Lenti Capoduri
The Agency Brokerage - Ten centuries of evolution
In the first of a new column focused on agency brokerage, reporting on the impact of market...
LatAm sees e-trading momentum with support for all-to-all
In Latin America, 46% of trading in corporate hard currency bonds is conducted electronically, according to research by analyst firm Coalition Greenwich, compared to...
TRACE recalibration exposes double counting
An adjustment to bond trade reporting to TRACE, the US post-trade reporting tape for fixed income, has cut the volume of trades arranged via...
DTCC’s FICC sees record clearing figures in government securities
The Depository Trust & Clearing Corporation (DTCC)’s Fixed Income Clearing Corporation’s (FICC’s) Government Securities Division (GSD) processed US$8.8 trillion in daily activity on 31st...
Paul Kilfoy joins BAML
Bank of America Merrill Lynch has named Paul Kilfoy as a director and senior sales trader, based in Toronto.
Kilfoy has more than 20 years...
