UBS quantifies MiFID II ripples that will be felt across the pond
The DESK.
Banks will see trading revenue growth fall by roughly 1.5% in 2018 due to MiFID II, and that pressure will sustain for at...
Wave Labs’ eLiSA successfully executes first ever trade with Groupama Asset Management
Wave Labs, a provider of credit execution solutions, has successfully executed its first ever trade on its Electronic Liquidity Seeking Application (eLiSA) with Groupama...
Angelo Proni named CEO of MTS
Angelo Proni has been CEO for bond market operator MTS, part fo Euronext. Taking over from Fabrizio Testa, who was named CEO of Borsa...
TP ICAP in talks to buy Liquidnet
Interdealer broker TP ICAP is in advanced discussions to take over block-trading equity and bond trading market operator Liquidnet for US$700 million.
Liquidnet has a...
Simon Jones named head of credit markets EMEA at Citi
Simon Jones has been appointed head of credit markets trading for EMEA, in addition to his current role as head of global spread products...
Low volatility hits Q2 MarketAxess earnings
Bond market operator, MarketAxess, reported revenues of US$176.3 million in the second quarter of 2021, down 4.6% against Q2 2020.
“Second quarter results were heavily...
Origination: Mars issues US$26 billion to acquire Kellanova
Mars Inc has issued US$26 billion in senior notes in a private transaction to fund its acquisition of snacking company Kellanova, formerly Kellogg’s.
The offering...
November gives Tradeweb its second highest month’s ADV ever
Market operator Tradeweb has reported today total trading volume for November of US$18.7 trillion across its electronic marketplaces for rates, credit, equities and money...
Focus on China’s property sector
The charts we focus on this week are from CreditSights, and look at the issuance and outstanding bonds for Evergrande, the Chinese property developer...
Aegon AM wins short-dated investment grade bond mandates
Aegon Asset Management’s reports it has won two UK clients totalling £325 million for its short-dated investment grade bond strategy, with a further mandate...
Data analytics is nothing without the people who use it
We are in the midst of a data analytics and artificial intelligence (AI) hype cycle. Every week yields a crop of new articles on...
Tradeweb and CFETS launch southbound Bond Connect channel
Market operator Tradeweb Markets is expanding its trading link with China Foreign Exchange Trade System (CFETS) under the Bond Connect channel on 24 September...
