Could ‘Fortnite’ guide market evolution
Online game ‘Fortnite’, Netflix and Spotify will drive technological advances in e-trading, Steve Toland, founder of TransFICC, told delegates at the Fixed Income Leaders...
TP ICAP launches Bond Evaluated Price service
TP ICAP, the interdealer broker, has launched its first-ever set of evaluated price solutions focused on fixed income securities via its Data & Analytics...
Simone Santiago leaves Morgan Stanley
Simone Santiago has left Morgan Stanley, the company has confirmed.
Santiago has been managing director at the firm since January 2022.
Prior to this, she spent...
Strong bond issuance raises Q1 bank revenues, Citi up 62%
Goldman Sachs broke the mould for fixed income market makers in Q1, achieving a 6% year-on-year revenue growth, reaching US$3.47 billion.
However, despite declines in...
TransFICC: The Network is the Market – Improving access and automation in fixed income
By Steve Toland, co-founder TransFICC.
Remember Sun Microsystems’ tag line from 1984? “The Network is the Computer” – meaning computers should be networked, or they...
Is Europe being punished for slower e-trading adoption?
The liquidity shortfall, expected at the end of the year, is traditionally triggered by dealers’ reluctance to make markets when their risk positions are...
Research: Bloomberg, the EMS of choice for fixed income
We analyse the firm’s success in delivering an outperforming execution management system.
This year’s research has found Bloomberg’s fixed income execution management system (EMS), TSOX,...
Are your traders for hire?
Growing numbers of asset managers are hiring third parties to provide their trading desks. Dan Barnes investigates.
Fixed income funds are under increasing pressure to...
Liquidnet sees surge in e-trading activity, ‘record-breaking’ week for Europe’s primary market
Liquidnet has reported a record-breaking week for electronic new issues trading for the week commencing 8 January. Records were broken in terms of volumes,...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
Origination: Investors side-eye Salesforce US$25 billion issuance to fund equity purchase
Salesforce returned to the US investment-grade market on 11 March issuing US$25 billion senior unsecured bonds. Book to build for the various tranches came...
SIFMA finds support for shift in benchmarking of 20-year US corporate bonds
The spread for many legacy 20-year US corporate bonds is benchmarked against the 30-year Treasury, but trade body SIFMA has found support for moving...
