Neilly takes leadership role at Clearlake
Gordon Neilly has joined Clearlake Credit as head of credit for Europe. He is based in London.
Global investment firm Clearlake Credit finances North American...
Industry viewpoint: Automation – the road ahead
The DESK talks with Steve Toland, co-Founder of TransFICC about developments in fixed income workflow automation, what factors are driving this and why this...
Trade associations urge EU to ditch ‘uncompetitive’ active account requirement proposal
A number of trade associations have urged EU policymakers to delete the proposed Active Account Requirement, under the European Market Infrastructure Regulation (EMIR 3.0).
The...
Daniel Mayston leaves BlackRock
Daniel Mayston has resigned from BlackRock after nearly 20 years at the world’s largest asset manager, according to sources close to the company.
Mayston was...
In retail fixed income, trust trumps education
Fixed income markets are complex and esoteric compared with equities.
Retail market participants are more interested in bonds than they had been for years, given...
ICMA highlights key ‘dysfunctional’ areas of credit market
The International Capital Markets Association has reported on March’s sell-off and the impact on the corporate bond market, noting that “by March 18, considered...
ESMA publishes its first liquidity assessment for bonds
The European Securities and Markets Authority (ESMA) has published today its first liquidity assessment for bonds subject to the pre- and post-trade requirements of...
SSGA: Treasuries, convertibles and EM on the cards for 2019
By Vineet Naik.
State Street Global Advisors (SSGA) is predicting that US Treasuries, convertible bonds and emerging market (EM) debt will see increased investment in...
ADDX launches blockchain-based debt issuance marketplace
Private market exchange ADDX has launched a blockchain-based multi-issuer debt issuance solution for firms to issue digitised commercial paper and bonds.
The digitised bonds from...
Dan Hinxman joins Bloomberg
Bloomberg has hired Dan Hinxman as head of European credit electronic trading following his departure from Liquidnet last year.
Hinxman was a managing director...
Xerox prices senior secured notes ahead of April issuance
Xerox Corporation has priced US$800 million in senior secured notes, set to be issued on 1 April.
Half the principal amount will be issued with...
Citi, Deutsche Bank admit breaking competition law in bond trading, finds UK watchdog
By Laurie McAughtry
The UK’s anti-trust authority, the Competition and Markets Authority (CMA), has found that five banks including Citi, Deutsche Bank, HSBC, Morgan Stanley...
