Bloomberg completes first F-TIIE swap transaction in Mexico
Bloomberg’s Swap Execution Facility (SEF) has completed the first electronically traded TIIE de Fondeo (F-TIIE) swap transaction on BSEF, its swap execution facility.
The transaction...
Finbourne appoints Francesca Lubbock as chief operating officer
Finbourne Technology has named Francesca Lubbock as its new chief operating officer (COO).
In her new role, Lubbock will oversee Finbourne’s day-to-day operations, focusing on...
Symphony partners with Saphyre to offer integrated pre- and post-trade solution
Markets’ infrastructure and communications platform, Symphony, has partnered with fintech firm Saphyre to integrate patented AI technology into pre and post-trade workflows for front,...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
Chaucer: Cost of insurance against defaults on sovereign debt jumps by 102%
The cost of insuring against sovereign debt defaults has increased by an average of 102% over the past year, according to research by global...
Coalition Greenwich: Buy-side desk budgets hit US$2 million per year
The average buy-side trading desk budget is just over $2 million annually, inclusive of both technology and compensation, with roughly one-third allocated to technology...
Bond funds hit by massive fee discounts; active revenues predicted to fall
Bond funds are dropping their investment management fees by up to 37% - in the case of passive funds – from those of the...
EIB prices first sterling digital bond
The European Investment Bank (EIB) has priced its first ever £50 million digital bond using a combination of private and public blockchains operated and...
Citadel Securities FICC systematic trading head Mark Wilkinson departs firm
Citadel Securities’ head of FICC systematic trading Mark Wilkinson is to depart the firm.
According to a social media post, Wilkinson had his last day...
Issuance of debt increasingly financing UK companies
Analysis of corporate financing across European, UK and US markets by the Association of Financial Markets in Europe (AFME) has found that over the...
ICE Bonds builds on corporate bond volume records
ICE Bonds has introduced price improvement volume clearing (PIVC) to its risk matching auction (RMA) corporate bonds protocol.
RMA executes dealer-to-dealer sweep auctions, matching buyers...
CME Group SOFR futures hit new volume and open interest records
CME Group’s SOFR futures reached a record average daily volume (ADV) of 5.4 million contracts in September and an open interest record of 13,159,646...
