Morgan Stanley an outlier as banks see FI trading revenues drop
In the third quarter of 2024, of five major banks – Citi, JP Morgan, Goldman Sachs, Bank of America and Morgan Stanley – only...
Best practice in credit TCA measures
The need to optimise execution quality is increased as buy-side firms seek to optimise all-to-all trading, and therefore price making, in credit. Transaction cost...
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)....
Liquidnet: Connectivity is key for efficient trading
By Vineet Naik.
Liquidnet’s head of fixed income, Constantinos Antoniades, has emphasised the importance for connectivity between front office systems and trading venues as he...
Trumid gains 71% increase in ADV and US$208 million financing
Bond trading platform Trumid has completed a new US$208 million financing led by Point Break Capital Management, a private investment firm with roots in...
Trading systems FIXed to Ipreo for bond issuance
Primary market specialist Ipreo has launched a FIX-messaging based system for integrating the Ipreo Investor Access platform, which allows investors to electronically submit orders directly to...
Do banks want credit trading to look like FX?
The end game of market making commoditisation is that a smaller number of players provide a vast volume of liquidity to the majority of...
Fixed income dominates LSEG and Deutsche Borse Q3 revenue
Fixed income revenue led the banks’ Q3 results, boosting overall growth.
LSEG’s capital markets revenue was up 24.8% year-on-year (YoY) in Q3 2024, reaching £468...
Technology: The competitive edge for a fixed income OMS
To better support alpha generation buy-side firms need to overcome any inertia created by legacy front office technology, writes Lynn Strongin Dodds.
Cost has always...
Coalition Greenwich sees US bond trading volumes falling in Q2
A report by market analysis form Coalition Greenwich, part of S&P Global, has found that after an active first quarter, corporate bond trading slowed...
Citi names Tokiya Kishie head of markets in Japan
Citi has appointed Tokiya Kishie as head of markets in Japan, effective 1 October.
Kishie will report to Paul Smith, head of markets for Japan,...
This Week: Chris Collins, Lazard Asset Management
Lazard Asset Management: ‘European Trading Clock Needs Renewed Scrutiny’
As a massive portion of European trading takes place after US markets open, Chris Collins, equity...
