Lucas Busch promoted at LGAM
L&G Asset Management has promoted Lucas Busch to head of US credit trading.
Busch has been with the firm since 2019 as a credit trader,...
US markets seeing risk implied in bid-ask spread
While US stock markets are in turmoil, US investment grade bond markets are also reflecting the greater uncertainty caused by an erratic approach to...
Tradeweb reports US$18.5 trillion traded in September
Market operator Tradeweb has reported a total trading volume for September of US$18.5 trillion, with an average daily volume (ADV) for the month of...
Industry viewpoint : UBS : Giuseppe Nuti
Fixed income: Exploring alternative uses of machine learning
By Giuseppe Nuti, Managing Director, Global Head of the Central Risk Book and Data Analysis at UBS.
Advances in machine learning...
Bryan Hall swaps MFS for Maple Capital Management
Bryan Hall has left MFS Investment Management after more than two decades, joining Maple Capital Management as a fixed income portfolio manager.
Hall has spent...
ESMA consults on potential changes to CSDR penalty regime
The European Securities and Markets Authority (ESMA) has published a consultation paper seeking input on amendments to the Central Securities Depositories Regulation (CSDR) penalty...
Euronext and UBS partnership boosts bond liquidity access
Expanding the liquidity pool through partnership creates a wider net of counterparties to benefit buy and sell-side.
Euronext has launched its Liquidity Distributor Initiative, with...
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...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
Cowen boosts fixed income outsourced trading team with two hires
Cowen has expanded its fixed income outsourced trading team with two senior hires, Vincent Governara and Chris Taliercio. Both traders bring over 15 years’...
Can you guess which market has seen the greatest fall in bid-ask spreads, year-to-date?
Two weeks ago, we asked what was crushing the US investment grade (IG) market’s bid-ask spread. However there has been an even greater reduction...
ESMA clarifies CTP exclusion criteria documents
ESMA has clarified the documents that firms bidding to be consolidated tape providers (CTP) must provide during the application process.
In the first stage of...
