FCA consultation lays ground for ending bond SI regime
The FCA’s consultation CP25/20 proposes scrapping the systematic internaliser (SI) regime for bonds, derivatives, structured-finance products and emission allowances to align with the transparency...
Value and issuance in European credit
Outflows in European bond funds are following a drop in the relative value of European credit, as shown in data from the IHS Markit...
Ferber says ESMA ‘too powerful’ in new EC consolidated tape plan
The European Commission has today adopted a package of measures designed to improve the ability of companies to raise capital across the European Union...
Deming joins CalPERS from Allianz GI
Amy Deming has been named investment director with responsibility for investment controls and operational risk at California Public Employees Retirement System (CalPERS), the US...
Trading: How to find liquidity in a drought
When market makers offer no bids for corporate bond trades, buy-side traders need to get creative.
Dealers are the main source of liquidity in the...
Control is the best defence
By Chris Roberts | 29 May 2024
With a growing level of scrutiny coming from European Regulatory bodies about the quality of data reporting, firms...
US electronic platforms’ credit activity cools further in
Average daily volume reported on TRACE for US investment grade (IG) and high yield (HY) dropped a further 9% month-on-month (MoM) in June to...
CME paper: Is US vs Euro rate differential greater than central bank rates?
A research paper by Erik Norland, senior economist of CME Group, has found that the difference between the futures and the spot price for...
Neil Kleinman to head up debt capital markets at Joseph Gunnar
Emerging growth markets-focused broker-dealer and investment bank, Joseph Gunnar & Co (JGUN), has appointed Neil Kleinman as head of debt capital markets.
Kleinman will...
Ba leads multi-asset trading at Banque de Luxembourg
Abdoulaye Ba has been promoted to head of multi-asset trading at Banque de Luxembourg.
He replaces Quentin Gaget, who has held the role since 2023.
Banque...
Neptune priced at £16k a year for buy side
Neptune, the dealer axe and inventory messaging platform for corporate bonds, began to charge buy-side traders a flat annual rate of £16,000 a year...
Schroders picks Propellant for transparency data analytics
Schroders has integrated Propellant Digital’s fixed income transparency data product.
Propellant’s offering provides pre-trade data including real-time market activity, historical trade prices and aggregated trade...
