FCA fines three broker firms £4.7 million market abuse failures
The Financial Conduct Authority (FCA) has fined interdealer brokers BGC Brokers, GFI Brokers and GFI Securities £4,775,200 for failing to ensure they had appropriate...
Acuiti: Sell-side not confident on compulsory clearing timeline
Sell-side players are not confident in the introduction of clearing markets across cash Treasury and repo markets, concerned that deadlines are unfeasible, infrastructure is...
CME Group to launch €STR options in Q1 2024
Derivatives marketplace CME Group is to launch options on €STR futures from Q1 2024, adding to its suite of European rates derivatives.
CME launched 3-month...
HSBC integrates with Bloomberg AIM to support post-trade efficiency
HSBC and Bloomberg have integrated Bloomberg AIM, the ubiquitous firm’s investment and order management system (OMS), with HSBC’s middle office technology and operational expertise...
High yield market makers comfortable with risk
European bond traders are seeing average trade sizes expanding in September while bid ask spreads lower to the bottom end of their range as...
LCH Group to assume full ownership of LCH SA from Euronext
Euronext is to sell its 11.1% stake in LCH SA, the French subsidiary of LCH Group, for €111 million, to majority stake holder LCH...
High yield bond issuance relative to liquidity
A report by the Association for Financial Markets in Europe (AFME) has found that primary issuance of European high yield (HY) bonds in 2023...
An EMS built for bond trading
Trading protocols in fixed income are multiplying and becoming more dynamic, placing demands on trading desks that only an EMS can manage.
An execution management...
European Women in Finance : Hortense Bioy : Engagement is key
Hortense Bioy, Director of Sustainability Research, EMEA and APAC at Morningstar speaks to Shanny Basar about ESG initiatives and sustainability in her professional and...
Chris McConville joins Kepler Cheuvreux
Broker Kepler Cheuvreux has made three major new appointments to support its strategic ambitions in equity brokerage: Stéphane Bouret as global head of equity...
Origination: BMO issues US$1 billion in 60-year notes
The Bank of Montreal (BMO) has issued US$1 billion in additional tier 1 limited recourse capital notes (LCRN).
The series six LCRNs have a 6.875%...
Brooksbank named senior portfolio manager at Vanguard
Vanguard has named Dale Brooksbank as senior portfolio manager. Brooksbank has a long career as a well-respected and senior buy-side trader, with a strong...
