Mooted consolidated tape advisory committee needs reform, ESMA group says
The European Securities and Markets Authority’s (ESMA) Securities and Markets Stakeholder Group (SMSG) has reaffirmed its support for a consolidated tape, but outlined ways...
S&P Global warns of great debt ‘reset’ as economics break down
The level of global debt is reaching crisis point, according to analysis from S&P Global Ratings, with debt issuance leading to lower levels of...
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...
Exclusive: Quinn and Sobel discuss Trumid’s new portfolio trading protocol
Trumid, the fixed income electronic trading platform, has launched a portfolio trading protocol. Designed to simplify and extend electronic portfolio trading for institutional clients...
CMA: ION takeover of Broadway looks likely
The UK’s Competition and Market’s Authority (CMA) has reported there are “reasonable grounds for believing that the undertakings offered by ION, or a...
Beyond Liquidity: T+1 Testing Begins
DTCC, the US post-trade market infrastructure, formally started the testing program for moving to a shorter settlement cycle on 14 August so market participants...
Insights & Analysis: Central banks’ liquidity retreat heightens funding market risks
The European Central Bank's (ECB) latest briefing paper, 'Managing liquidity in a changing environment,' underscores the critical need for banks to adapt as central...
MarketAxess launches FI opening and closing auctions
MarketAxess is launching opening and closing auctions for US credit “in the coming weeks”.
Opening and closing auctions have long been available in equity and...
Headache or opportunity?
The UK is carving out its own path in financial services. Gill Wadsworth assesses the divergent gameplan the government is developing.
In May 2022, the...
SGX anticipates Japanese growth with STIR futures
Singapore Exchange (SGX Group) plans to introduce short-term interest rate futures related to the Tokyo Overnight Average Rate (TONA) and the Singapore Overnight Rate...
MarketAxess executes first portfolio trade for tax-exempt munis
MarketAxess has executed the platform’s first ever portfolio trade for tax-exempt municipal bonds.
The portfolio trade was executed earlier this month between a large bank...
Exclusive: Bloomberg Message “sprayed dealer runs across the street”
Sources, including several dealers, have confirmed that Bloomberg’s Message service, used by broker dealers for sending runs to clients, “sprayed dealer runs across the...
