Rules & Ratings: UnitedHealth Group credit outlooks downgraded to negative
AM Best has reassigned UnitedHealth Group’s credit ratings outlooks from stable to negative in anticipation of poor 2025 performance in its Medicare Advantage segment.
Similar...
Hidden regulatory risk in CSDR
An apparently back-office focused rule, the Central Securities Depositories Regulation (CSDR), could have a serious impact on bond market liquidity, when it comes into...
Why Europe’s electronic credit trading is accelerating
The level of electronic trading in European corporate bond markets has overtaken the US, according to analysis from firms including Propellant and Coalition Greenwich....
BondVision prepares for T+1 shift
MTS’s BondVision (part of the Euronext group) has updated its default settlement offset to T+1.
In anticipation of the North American transition to a shortened...
Joseph Stewart named co-head fixed income at SocGen US
Joseph Stewart has started a new position as managing director, co-head of fixed income division for the Americas and head of flow sales for...
Morningstar: Sukuk market grows despite liquidity and concentration risk
According to Morningstar, at the end of 2024, the global sukuk markets, which represents Islamic securities structured to replicate conventional bonds, reached US$930 billion...
Derivatives desks at the crossroads
Having full access to derivatives gives a trading desk greater flexibility, but heads of trading need to assess the operational burden. Francesca Carnevale and...
LedgerEdge appoints fixed income veteran Neal as CEO of US operations
LedgerEdge, the developer of an ecosystem for fixed income trading, has appointed industry veteran Michelle Neal as CEO of its US operations.
Her appointment will...
Buy-side firms warn on herding effect of QE
By Aulia Beg.
Portfolio managers have expressed concern about the ‘herding’ behaviour within the investment community, resulting from central banks’ quantitative easing (QE) programmes.
In a...
Controversy as buy side forces U-turn on US liquidity rule
By Jonathan Weitzmann.
The liquidity risk management financial rule (Rule 22e-4) was approved on 28 June 2018 by US regulator the Securities and Exchange Commission...
European Women in Finance: Tricia Chan & Lucy Brown, MarketAxess
Staying one step ahead
Tricia Chan, Hong Kong Sales Manager, and Lucy Brown, ETF & Hedge Fund Sales at MarketAxess talk to Lynn Strongin Dodds...
The good news on high yield trading
Two weeks ago we noted that high yield markets have seen trade sizes increase since the start of the year, running counter to the...
