Ferdinando Ametrano, Banca IMI

Bitcoin, blockchain and the DLT chimera

The uncertain promises of distributed ledger technology for financial markets. By Ferdinando Ametrano, Banca IMI (Intesa Sanpaolo). Distributed ledger technology (DLT) is at a very...
Roberto Verrillo, Elixium

Repo ripe for evolution

The broken mechanics of the repo market have been exposed creating demand for change says Roberto Verrillo, Head of Strategy and Markets at Elixium. “Those...
Phil Cichlar, Jane Street

Trading places – From bonds to fixed income ETFs

Phil Cichlar, Head of Fixed Income Sales & Trading at Jane Street shares his insight on the burgeoning ETF market. Fixed income exchange-traded funds (ETFs)...
C.Antoniades, Liquidnet

Advances in corporate bond e-trading: Five lessons learned

By Constantinos Antoniades, Global Head of Fixed Income at Liquidnet Since early 2015 we have seen a steady acceleration in the migration towards electronic trading...
Frank Cerveny

Sourcing and connecting: The buy-side fixed income liquidity challenge

By Frank Cerveny, Head of Markets and Sales at MTS. How can institutional investors find the liquidity to grow their fixed income businesses with the...
Mike du Plessis & Mark Goodman, UBS

Vive la revolution!

Securing the benefits of the markets’ democratic revolution. By Mike du Plessis, Managing Director, Global Head FX, Rates and Credit Execution Services and Mark Goodman,...

Trading Intentions Survey 2017

The range of credit liquidity aggregation platforms used has increased, reducing demand for new connections. About the survey The DESK’s Trading Intentions Survey is global primary research...
Carl James, Pictet Asset Management

On The Desk: Carl James: On changing trader culture

Moving to a data-led model of trading requires a change in culture across the desk, as Pictet Asset Management’s head of Fixed Income Trading...

Repurchase disagreements

A calamitous year-end in 2016 has put the broken repo market firmly in the spotlight. Lynn Strongin Dodds reports. December 2016 saw Europe’s repurchase agreement...

Making prices more easily

If dealers cannot make prices investors will have to, and many firms are stepping up to offer greater access to pricing and liquidity data....

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...
Geoffroy Vander Linden, MarketAxess

Impact of the MiFID II SI assessment delay

Geoffroy Vander Linden, Head of Transparency Solutions, Trax. On 4 November 2016, the European Securities and Markets Authority (ESMA) published a Q&A document outlining their...
Marc Harrington

Head of FI trading Harrington departs BMO Global Asset Management

BMO Global Asset Management has confirmed that Marc Harrington has left the firm as head of fixed income dealing. Harrington is a highly experienced...

Obligation to clear could be delayed to 2019 for smaller derivatives users

For financial counterparties, and certain funds classified as non-financial counterparties, whose individual aggregate positions in over-the-counter (OTC) derivatives are €8 billion or below, the...

VedBrat named global head of trading for BlackRock

Supurna VedBrat, currently deputy head of trading and co-head for Electronic Trading & Market Structure at asset manager BlackRock will become global head of...

How the Trumid takeover will affect Electronifie traders

All-to-all US bond trading platform Trumid has agreed to buy fellow all-to-all trading platform Electronifie. Upon closing, the deal will mean the Trumid user...

BTIC: Bloomberg terminal users declined in 2016

Spend on market data, analysis and news has topped US$27 billion for the first time according to Burton-Taylor International Consulting’s latest report. The findings...

House of Representatives hearing: Volcker link to bond illiquidity tenuous

Testimony given to the US House of Representatives on 29 March 2017 suggests the Volcker Rule cannot be directly blamed for poor liquidity in...

MiFID II will push traders to renegotiate block approach

By Flora McFarlane. Block-trading venues will multiply under MiFID II creating new challenges for buy and sell side say market observers. Venues trading in smaller...

Ancoa clients voice concerns about platform limitations

Kurt Vandebroek has stepped down as CEO of surveillance software provider Ancoa, at a period when concerns have begun to emerge from some of...

Ancoa refuses to comment on rumoured CTO departure

Ancoa has said it will not comment on a unconfirmed report that founder and chief technology officer, Andrew Louth, is to leave the surveillance...

Tradeweb all-to-all for Europe after summer

Following the announcement of all-to-all trading on its US Credit platform, Tradeweb Europe will also be launching the functionality in H2 2017. The system, 'Blast...
Neptune, Byron Cooper-Fogarty

Connectivity platforms report FI deals ahead of MiFID II

By Sobia Hamid. The growth of electronic trading in fixed income is driving connectivity between trading platforms. In 2016, Greenwich Associates estimated electronic trading of...

CME Europe and CME Clearing Europe to close by year end

CME Group is to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017. The announcement follows Nasdaq...