FICC revenues climb as US banks capitalise on volatility
Wall Street banks posted US$18.8 billion in fixed-income trading revenues in Q2, driven by their activity in macro products, particularly rates and currencies. JP...
Mark Carney says bitcoin has ‘pretty much failed’ as money
Speaking at Regents University on 19 February, Mark Carney, the Governor of the Bank of England, said bitcoin, “has pretty much failed” on providing...
Ben Londergan joins Simplex Trading
Simplex Trading has appointed Ben Londergan as managing director of strategic business development.
In the Chicago-based role, Londergan is responsible for driving the firm’s growth...
James Wallin: On valuing the desk
Proving and demonstrating the value of the trading desk at the very highest levels of the organisation creates a virtuous circle of investment and...
Greenan joins Aquis
John Greenan has joined Aquis Exchange as director of technologies.
Based in London, Greenan is responsible for the sales and contracting activities of the firm’s...
Wicks promoted at LGAM
Ed Wicks has been promoted to head of global markets at L&G Asset Management.
The company holds £1.117 trillion in assets under management.
Wicks has been...
Piper promoted at Piper Sandler
Michael Piper has been promoted to head of fixed income at Piper Sandler, effective Q1 2026.
Based in Texas, he reports to the investment bank’s...
Seth Merrin stands down
Seth Merrin is to stand down as chief executive of Liquidnet, the US broker he founded almost 20 years ago. He will remain as...
Credit Spotlight: How clear can pre-trade get?
Pre-trade transparency is a nirvana for over-the-counter markets, particularly corporate bond trading, which lack the publicly displayed prices of the exchange-traded market.
Unless it...
Cboe: What an institutional trader needs to know about FI ETFs and futures
Where instrument selection can be key, understanding cash and derivatives instruments and the interplay between them is invaluable.
The DESK spoke with Joyce Choi, director...
Investor Demand: African funding deficit offers IB opportunity
Infrastructure funding needs and external debt service obligations in Africa are growing, and the traditional method of using Eurobonds for financing is no longer...
PIMCO tells IOSCO all-to-all trading needed for transparency
Emmanuel Roman, chief executive officer at PIMCO, has made a case for disintermediation / all-to-all trading being the only method to deliver transparency in...
