FILS USA 2023: High net worth clients are ‘wildly bearish’ but still at risk
Despite having a risk-off mentality, global high net worth clients are still heavily into holding cash and tech stocks, and could do with diversifying...
Greenwich Associates: Growing dealer-client instability
By Pia Hecher.
Market intelligence provider Greenwich Associates found that between 2014 and 2018, there was a 50% increase in the median size of clients’...
Bloomberg cracks?
By Josh Weinberger & Dan Barnes.
The famously holistic service has broken out the Instant Bloomberg chat function for non-terminal users, delivering what looks like...
Are European exchanges allowed to rival size of US markets?
The European Commission (EC) has opened an in-depth investigation into the proposed acquisition of Refinitiv by the London Stock Exchange Group (LSEG) under the...
Wave Labs’ eLiSA successfully executes first ever trade with Groupama Asset Management
Wave Labs, a provider of credit execution solutions, has successfully executed its first ever trade on its Electronic Liquidity Seeking Application (eLiSA) with Groupama...
Withering supply of European high yield
Comparing the ‘year-to-April’ data across years, 2022’s high yield issuance looks more like the post-financial crisis period than most years in between.
Data from CreditSights...
ICMA: Buy side struggled to make margin calls as repo dried up
A new report, ‘European repo market and the COVID-19 crisis’ published by the International Capital Markets Association, has found that some buy-side firms had...
Tradeweb confirms purchase of Australian bond trading platform Yieldbroker
Multi-asset market operator, Tradeweb Markets has entered into a definitive agreement to acquire Yieldbroker, an Australian trading platform for Australian and New Zealand government...
March sell-off has driven a longer-term shift towards all-to-all trading
Buyers and sellers were successfully finding opportunities in all-to-all trading as traditional liquidity tightened. Does that herald a permanent shift in behaviour?
All-to-all trading came...
Issuance and inflows paint more positive picture for EM liquidity
Over the past week emerging markets (EM) credit issuance saw US$7.6 billion in newly issued bonds, against US£900k the week before, while on the...
Market reports: Algomi to be acquired
Market reports are that pre-trade data provider Algomi will be bought by interdealer broker BGC. Stu Taylor, formerly the CEO of Algomi, joined BGC...
Etrading Software to provide UK bond CT
Etrading Software has been awarded the consolidated tape provider (CTP) contract in the UK.
The £4.8 million contract (£4 million excluding VAT) is estimated to...
