Buy side issues framework to standardise bond issuance
The Credit Roundtable, a buy-side lobby group for bondholder protection has issued an ‘Investment Grade Primary Best Practices Framework’ designed to improve bond issuance.
The...
Pellous steps up at Aviva Investors
Fabrice Pellous has been promoted to head of global high yield at Aviva Investors.
Based in London, he reports to head of the capital opportunities...
Teamwork makes the dream work: Traders can add alpha
There is room for improvement in the relationships between portfolio managers and traders, and without taking advantage of their potential funds could miss out...
Algomi: The two-pronged attack plan
Algomi has an idea almost universally agree to be good, yet it has struggled to get it adopted. It aggregates inventory data pre-trade, in...
Morgan Stanley: EM issuance in 2024 to outstrip 2023
Assessment from Morgan Stanley has found sovereign hard currency gross issuance is likely to increase to US$164 billion in 2024 due to more open...
OpenDoor launches all-to-all platform in US Treasury market
OpenDoor Securities has launched a trading platform focussed on the less liquid segments of the US Treasury bond market. Nearly three dozen firms representing...
Dual disclosure standards for non-equity securities prospectus removed in UK
The Investor Access to Regulated Bonds (IARB) Working Group has highlighted unanimous support of the removal of the dual disclosure standards in prospectuses for...
Fear of job loss harming traders’ mental health
Exchanges are calling for 24-hour trading. Firms are working with less resources. Markets are increasingly complex. And traders are worried about job loss.
In the...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
Goldman Sachs hit 12-year record for Global Markets in 2021
Goldman Sachs has seen its Global Markets division generate net revenues of US$22.08 billion, the highest annual net revenues in 12 years, which the...
Bank of England launches SWES test for bond markets
The Bank of England (BoE) has published the latest phase of the System-wide Exploratory Scenario (SWES) with bank and non-bank participants provided a hypothetical...
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...
