Lead : BENCHmark Survey 2018
The DESK BENCHmark: Volumes down, efficiency up.
Fewer traders are managing greater volumes of trading in rates, while the volume of electronic trading is increasing...
European Commission fines investment banks €371 million for bond trading cartel
The European Commission has found that Bank of America, Natixis, Nomura, RBS (now NatWest), UBS, UniCredit and WestLB (now Portigon) have breached EU antitrust...
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...
Markets Media acquires Trader TV to form multimedia capital markets giant
Global capital markets publisher, Markets Media Group, has acquired Trader TV, the leading online trading TV provider, to form a multi-media giant, spanning the...
Siemens’ digital bond issuance bypasses syndicate banks
Siemens has become one of the first companies in Germany to issue a digital bond, in accordance with Germany’s Electronic Securities Act (Gesetz über...
Is portability via indirect clearing under threat?
As sell-side relationships are harder to come by, indirect clearing offers hope for smaller buy-side firms, but without mandated asset segregation many may find...
MUFG AM seeks operational efficiency with Bloomberg
Mitsubishi UFJ (MUFG) Asset Management has introduced Bloomberg’s BQuant Enterprise to its workflow in a bid to update its operational infrastructure.
Cloud-based analytics platform BQuant...
MiFID II will push traders to renegotiate block approach
By Flora McFarlane.
Block-trading venues will multiply under MiFID II creating new challenges for buy and sell side say market observers. Venues trading in smaller...
Electronic liquidity providers push for reform
The buy side relationship with alternative liquidity providers was strained five years ago after the high-frequency traders and their reputations – and business models...
Rules & Ratings: Covered clearing agencies subject to new risk management rules
The SEC has amended rules related to the risk management and resilience of covered clearing agencies, introducing new requirements around intraday margin collection and...
CSG closes portfolio financing, sells US$15 million in bonds
Real estate and renewable energy financial services company Churchill Stateside Group has sold US$15 million of short-term cash collateralised, tax-exempt bonds to financial institutions,...
EC’s new Capital Markets Union Action Plan drives equity consolidated tape forward
The European Commission has published a new Action Plan to boost the European Union's Capital Markets Union (CMU) over the coming years. The EU's...
