David Blake leaves Northern Trust as director for Global Fixed Income
David Blake has left Northern Trust Global Investments as director for Global Fixed Income, after 15 years at the firm, following a restructuring of...
The unspoken truth about US Treasuries
Susan Estes, co-founder, CEO & President at OpenDoor speaks to The DESK and exposes the hidden risks within the US Treasury market for institutional investors.
Dealer business...
The fall of Europe’s brokers
Reduced competition could lead to higher prices for buy-side bond traders.
The collapse of European brokerage houses is hitting buy-side trading desks in two ways....
AXA IM appoints Yannig Loyer as global head of trading
AXA Investment Managers has appointed Yannig Loyer as global head of trading. In a statement the firm observed this is a “key role given...
Ipreo growth ahead of rival banks Q1 platform launch
By Flora McFarlane and Dan Barnes.
A primary market offering is expected to be launched by a consortium of Citi, Goldman Sachs, and Wells Fargo...
Credit : Falling through the gaps
Asset managers fight for high-touch coverage
Relationship management between buy- and sell-side firms is more necessary than ever, as the push to electronic trading risks...
Credit : Back for good : David Wigan
Cautious optimism on Dodd Frank roll-back.
The US regulatory response to the financial crisis has shifted trading risk from sell-side to buy-side desks, making reform welcome....
Hermes appoints Andrew Jackson as head of Fixed Income
Hermes Investment Management, which has £30.6 billion in assets under management, appointed Andrew Jackson as head of Fixed Income, reporting to Eoin Murray, head...
Fixed Income TCA, who would have thought it?
Paul Reynolds, Head of FI Sales and Strategy at TradingScreen
For many years Fixed Income TCA has failed to adequately provide its users with a...
“Tourists” in emerging markets challenge liquidity
Emerging markets have had a volatile year, intensifying the pressure on asset managers gain better access to liquidity and pricing. Pinebridge Investments’ Chris Perryman,...
BNP Paribas joins with GTS for US Treasuries trading
By Flora McFarlane.
BNP Paribas has announced today that it has teamed up with quantitative trading firm, GTS, to access US Treasuries trading, signalling the...
Derivatives : Exchange-traded products : Joel Clark
Why listed derivatives struggle to address risk
Some traders have been critical of listed products designed to replicate OTC derivatives, but exchanges are working hard...
Optimising clearing costs for cheaper trading
Clearing of European derivatives now looks set to stay in London for the foreseeable future, but traders still need to assess how the clearing...
Connectivity vs relationship control is on the agenda at FILS
Support for streaming firm prices is contingent on connectivity between price-makers and price-takers; a big question which will play out over this year’s Fixed...
Hiring spree sees banks bolster fixed-income desks
By Flora McFarlane.
A Greenwich Associates report indicates banks are rebuilding their sales and trading desks in response to several quarters of growth in fixed...
Schroders’ former head traders return to senior roles
Rob McGrath, former global head of trading at Schroders, and Nick Robinson, former head of trading for Fixed Income and Active FX at Schroders,...
Treasuries reform and the buy-side trading desk
Growing automation and market relationships will mean regulatory change is only part of the story. Dan Barnes investigates.
Plans to make the US$543 billion-a-day US...
New SEC Fixed Income Committee to cover liquidity issues this week
By Flora McFarlane.
The Securities and Exchange Commission (SEC)’s Fixed Income Market Structure Advisory Committee, formed in November 2017, will hold its first meeting on...
On the DESK : Dwayne Middleton : Morgan Stanley
The modern trader needs an all-rounder mentality, considerable flexibility and the power to be a decision maker.
Dwayne Middleton is head of US fixed income...
Traders respond positively to MarketAxess/LiquidityEdge deal
Buy-side traders have responded positively to the announcement that electronic bond market operator, MarketAxess, has agreed to buy LiquidityEdge, the US Treasuries marketplace, noting...
Neptune embeds Symphony chat functionality
Neptune Networks Ltd, the Fixed Income network for real-time “axe” indications, today announced that it has embedded Symphony chat functionality within the Neptune proprietary...
MarketAxess Profile
MARKETAXESS.
MarketAxess is rated as the most effective platform for finding liquidity in the corporate bond space by buy-side traders, and is a constant contender...
GreySpark: Single-tier fixed income markets on rise
Consultancy GreySpark has found a clear shift in the fixed income market towards single-tier electronic venues, as a result of regulatory changes and greater...
Asset managers could avoid tying up collateral under new uncleared margin rules
The majority of asset managers dragged into new uncleared margin requirements over the next two years could avoid tying up capital altogether, but still...
