Bond platforms see leap in June volumes year-on-year
Trading platforms recorded double digit growth in average daily volumes (ADV) in June 2024. Tradeweb saw its June 2024 fully electronic US credit ADV...
DTCC proposes equity settlement cycle be shortened to T+1 within two years
The Depository Trust & Clearing Corporation (DTCC), the US post-trade utility has released a two-year industry roadmap for shortening the settlement cycle for US...
Thomas Pluta named president-elect at Tradeweb
Tradeweb Markets has named markets veteran Thomas Pluta as its next president. He will join Tradeweb from JP Morgan, where he spent nearly 27...
Chris McConville joins Kepler Cheuvreux
Broker Kepler Cheuvreux has made three major new appointments to support its strategic ambitions in equity brokerage: Stéphane Bouret as global head of equity...
EBA publishes market risk and transaction determination standards
The European Banking Authority’s (EBA) has published the final draft regulatory technical standards (RTS) on how to identify the main risk driver and determine...
How the effects of war are spreading in Asia
The war in Ukraine outside of Europe is, from a capital markets perspective, driving a ‘risk-off’ attitude across issuers, buy-side and sell-side firms. As...
Repo markets are back in focus for the Fed’s Treasury Market Practice Group
The US Federal Reserve’s Treasury Market Practice Group (TMPG) has focused this month on discussing the status of repurchase agreement (repo) clearing and settlement...
Credit: The liquid, green bond sea
By Dan Barnes.
Green bonds issuance is booming and investor appetite growing, making access to markets increasingly important.
The size of the green bond market reached...
Chinese equity sell-off leaves locals “more cautious” on debt
Buy-side traders in the Chinese debt markets are noting some effect from the equity sell-off, which was triggered by concern around government and regulatory...
ESMA moves to tighten up algo surveillance
Algo trading has grown increasingly complex over the last decade. In 2007, the Markets in Financial Instruments Directive (MiFID) permitted competition with the national...
Samy Ben Aoun to run continental-Europe rates at Barclays
Barclays investment bank has hired Samy Ben Aoun as head of rates trading for continental Europe, returning him to the firm’s trading floors nearly...
Tradeweb sees continued growth
Tradeweb has reported its average daily volume (ADV) in November was US$693 billion, an increase of 22% year-over-year, with continued broad-based growth in core...