Origination: Citi issues first digitally-native structured note
Citi has issued a digitally-native structured note on Euroclear's digital financial market infrastructure (D-FMI) distributed ledger technology (DLT) platform.
The note is an autocall with...
Overbond and IPC partner on voice-to-AI supporting bond trading automation
Overbond has partnered with IPC, the communications and cloud connectivity service provider, to integrate IPC’s point-of-trade voice transaction data into Overbond’s artificial intelligence (AI)...
Joseph Parascandolo swaps Equilend for Wematch
Wematch.live has appointed Joseph Parascandolo as director of securities lending sales and coverage for North America, based in New York.
Parascandolo has more than 20...
BlackRock veteran Neeraj Seth to depart
Neeraj Seth is departing BlackRock after almost 18 years with the company. He is currently chief investment officer and head of APAC fundamental fixed...
Jesse Forster joins Coalition Greenwich
Capital market analyst firm Coalition Greenwich has hired Jesse Forster as a senior analyst on its market structure and technology team.
In his new role,...
Rules & Ratings: S&P Global brings standard identifiers to private credit
S&P Global has expanded its LoanX IDs (LXIDs) to provide private credit identifiers.
The LXIDs identify instruments across counterparties and datasets, enabling them to be...
How e-trading connectivity has been fragmented by sanctions
Sanctions on the Russian regime, on associated firms and on individuals have restricted legal access to some instruments and counterparties, yet portfolio managers may...
Barclays now streaming prices into MarketAxess Live Markets
Barclays has committed to become a dedicated market maker and is actively contributing streaming prices for US investment grade corporate bonds to the MarketAxess...
Trading: Loans and ABS: The fixed income markets time forgot
Trading in the less liquid parts of the fixed income market has remained relatively untouched by electronification.
Loans and securitised products backed by loans can...
Is US investment grade market-making starting to fray?
In US credit, mean bid/ask spreads are skewing upwards from the median, indicating that a greater proportion of larger spreads are in some cases...
Sukh Bachal hired by Neovest as co-head EMEA
Order/execution management system (OEMS) provider Neovest has hired Sukh Bachal as co-head Neovest EMEA and head of EMEA business development. Bachal was until recently...
Dealers had ‘exceptional’ 2022 for fixed income; JP Morgan tops Q1 DCM winners
Research by front-office technology provider, valantic FSA, and analyst firm, Acuiti, has found that 52% of dealers had an ‘exceptional’ year for fixed income...
