Glimpse Markets launches data-sharing for buy-side trading desks
Glimpse Markets, a new post-trade data sharing platform for fixed income, aims to turn data costs of the buy-side on their head, by providing...
Gibson joins Ninety One as global head of trading
Cathy Gibson has joined asset manager Ninety One, an emerging market specialist with over £100 billion in assets under management, as global head of...
Five ideas from FILS for buy-side traders
The Fixed Income Leaders’ Summit US kicked off on Monday 9 June in Washington DC, with the buy-side traders’ day. While no reporting is...
Risk of fiscal crisis in US from growing federal debt
A new report from the Congressional Budget Office (CBO) has found that if current laws governing taxes and spending generally remained unchanged, the federal...
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OpenDoor nets US$10 million in continuing push for growth
By Flora McFarlane.
New Jersey-based startup trading platform OpenDoor Securities has completed a third US$10 million investment round, which will facilitate new front office hires...
J.P. Morgan: Finding the best path in e-trading fixed income
Electronic trading may resolve key structural challenges in the market for buy-side traders, including instrument selection, with guidance from key dealers.
Chinedum Nzelu, head of...
First rise in sell-side FICC revenues for five years
The first quarter of 2017 saw a recovery in dealer revenues in fixed income, currencies and commodities, rising 19% against Q1 2016 revenues according...
Less distressed debt
The risks of default in high yield credit are one reason cited for reduced sell-side trading activity in the asset class. However, while the...
Trumid promotes Mike Sobel to co-CEO
Bond market operator Trumid, has named Mike Sobel as co-CEO alongside founder and co-CEO Ronnie Mateo. A founding member of Trumid’s team, Sobel will...
Malin Norberg named co-chief investment officer for NBIM asset strategies
Malin Norberg has been appointed new co-chief investment officer for asset strategies at Norges Bank Investment Management (NBIM).
Due to the continued growth of...
Carney condemns fragmentation of CCPs
By Flora McFarlane.
In his annual Mansion House speech on 20 June, Mark Carney argued against breaking up trading infrastructure, after the recent European Commission’s...
Who can make money, market making Euro credit?
Looking at the average bid-ask spreads of European credit trades, and correlating them with the average trade sizes for the year to date based...