Bloomberg, MarketAxess and Tradeweb axe joint consolidated tape project
Bloomberg, MarketAxess and Tradeweb today jointly announced they will not form an independent company to participate in the public procurement procedure to become the...
MiFID II are you ready for 2018?
With the introduction of MiFID II and MiFIR on 3 January 2018, the European financial markets will face the biggest regulatory change they have...
Does trading performance need to be quantified to justify outsourcing?
An asset manager may need to assess the value that an outsourced trading provider offers using a range of measures in fixed income markets.
Fixed...
September: US rates ADNV up 35% YoY amid wider uncertainty
In September, overall trading in US rates rose 1% year-over-year, standing at 59% of volumes, while the average daily notional volume stood at US$988...
CFTC fines Nasdaq Futures over “false and misleading statements”
Nasdaq Futures has received a US$22 million penalty from the Commodity Futures Trading Commission (CFTC) for failing to sufficiently establish, monitor or enforce rules...
The DESK BENCHmark 2017: Mid-sized buy-side have diverse trading
Mid-sized asset managers champion electronic trading - The DESK’s BENCHmark research has found mid-sized firms use electronic trading and a wider range of brokers than...
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Ron Catena joins Marex
Marex has appointed Ron Catena as director of fixed income outsourced trading. Based in the US, he reports to Mike Rosen, global co-head of...
O’Kelly appointed head trader at RPMI Railpen as it insources trading
RPMI Railpen, which represents the UK’s railway workers pension fund, has hired Tom O’Kelly as head trader. The scheme manages around £30 billion for...
Influx of buy-side support for Adamantia consolidated tape group
The Adamantia Consolidated Tape group has welcomed Allianz Global Investors, Amundi Asset Management, AXA Investment Managers, BayernInvest, Deka Investment, DWS, Invesco, MEAG, Union Investment,...
Glue42 to connect trading interface for Broadridge
Broadridge Financial Solutions will use Glue42, a software provider that delivers integrated desktop experiences to financial institutions globally, to help deliver a seamless trading...
IMTC: Customising investment products efficiently in a rising rate environment
Technology is enabling investment managers to automate portfolio and instrument selection putting clients in the driving seat.
The DESK interviewed Russell Feldman, CEO of IMTC,...
Buy-side firms may dominate front office tech
Buy-side firms need to make secular decisions about whether to buy or sell technology to other asset managers. Dan Barnes reports.
In April, CEO of...
