Outsourced trading consolidates further with State Street’s new acquisition
State Street Corporation has entered into a definitive agreement to acquire CF Global Trading, a global firm specialising in outsourced trading on an agency...
Less distressed debt
The risks of default in high yield credit are one reason cited for reduced sell-side trading activity in the asset class. However, while the...
VIDEO: End to End CSDR Processing – Roles, Responsibilities, and Issues for all Participants
On 22nd July, 2020 a panel of market participants discussed the detailed implications of the Central Securities Depository Regulation (CSDR).
The panel comprised, J.R. Bogan,...
MarketAxess reports record electronic trading volumes for January
By Flora McFarlane.
MarketAxess, electronic trading platform for fixed income securities, has reported that January was a record month for daily and monthly trading volumes,...
Exclusive: Bloomberg Message “sprayed dealer runs across the street”
Sources, including several dealers, have confirmed that Bloomberg’s Message service, used by broker dealers for sending runs to clients, “sprayed dealer runs across the...
Corporate Bonds : Shuttering & Buffeting : Lynn Strongin Dodds
NETS CAST WIDE AS HIGH YIELD IS SPREAD THIN.
With Third Avenue and Lucidus putting high yield in the headlines, traders and portfolio managers are defining...
Eric Morrow joins Apollo Global Management
Eric Morrow has been named chief operations officer (COO) of trading at Apollo Global Management, an asset manager with US$550 billion of assets under...
Implied cost of liquidity falling, with US high yield an exception
Volumes in the corporate bond markets have been picking back up, relative to bid-ask spreads, indicating an improving liquidity picture across the US and...
Lars Salmon: On internal strength
Fidelity International has homegrown internal expertise and tech, to support a fixed income trading team that can weather all markets.
Lars Salmon is head of...
Bloomberg launches US Treasury dealer algos to expand buy-side access to liquidity
Bloomberg announces the completion of the first trade using its newly launched US Treasury (UST) Dealer Algos.
This first-to-market solution provides buy-side clients with broader...
MarketAxess to buy algo provider Pragma
Bond market operator, MarketAxess, has entered into a definitive agreement to acquire Pragma, a quantitative trading technology provider specialising in algorithmic and analytical services...
Market data costs in spotlight under new FCA review
The UK’s Financial Conduct Authority (FCA) has issued a call for input (CFI) to better understand how data and advanced analytics are being accessed...
