BondAuction to introduce auctions for bond issuance by year end
BondAuction, a new platform to support bond issuance, is planning to have its system to support a new auction process operable by mid-2022 with...
Lower market volumes hitting platforms hard in June
Electronic platforms saw tough market conditions hitting volumes, reflecting lower trading volatility overall in the market, although Tradeweb was able to post net average...
MSIM launches two new bond funds
Morgan Stanley Investment Management (MSIM) has announced the launch of two new funds, the MSINVF Short Maturity Euro Corporate Bond Fund and the MSINVF...
Does this year start with the smallest trades ever?
Trading activity in European bond markets at the start of 2024 has had the highest trade count of the past three years by some...
Adroit: Fixed income EMSs must reach beyond trading venues
Adroit Trading Technologies has raised US$15 million in a Series A round led by Centana Growth Partners. The cash will be spent on expanding...
Five lessons from the closure of LSEG’s CurveGlobal
CurveGlobal, the interest rates derivatives market launched in 2016, is to run down its business before closing on Friday 28 January 2022, according to...
CME Group’s international rates ADV up 42% in Q2
Market operator and infrastructure provider CME Group has reported its international average daily volume (ADV) reached 5.1 million contracts in Q2 2021, up 6%...
Reg ATS: What does the proposed expansion mean for bond trading venues?
In late January the Securities and Exchange Commission (SEC) proposed rules to bring more Alternative Trading Systems (ATS) that trade Treasuries and other government...
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...
Could a secondary market work in private credit?
There is very limited access to secondary trading in private credit. Given the direct exposure to creditors, this might present a liquidity bottleneck for...
Raiffeisen Bank rolls out Chronicle FIX for global ETD business
Chronicle Software, a specialist provider of low-latency microservices and technology for financial services, has expanded its footprint in Raiffeisen Bank International.
The bank has rolled...
Bond traders report screen prices are off by 10%
Several buy-side fixed income traders have confirmed that electronic prices are currently around 10% off the price that bonds are actually trading at, creating...
