FILS USA: Adopt an EMS or face the consequences, panellist warns
Considering how trading desks can optimise new technology, panellists at this year’s Fixed Income Leaders Summit discussed how to prioritise automation efforts, what approach...
Regulation Automated Trading – The finishing line
Lynn Strongin Dodds asks whether the CFTC can get the bill passed before the election and what its impact will be if it does.
The...
Analysis: Impact of debt issuance on sell-side revenues in Q1
Strong bond issuance in the first quarter (Q1) is galvanising performance of debt capital market teams at investment banks, in turn creating optimism amongst...
BNY bolsters digital cash offering
Certain deposits at BNY will now be tokenised as the bank pushes ahead with its digital asset initiative.
The service will initially be available for...
Volumes up, e-trading down in US rates
Average daily notional volumes in US rates jumped 11 percentage points year-on-year (YoY) in October, reaching US$989 billion. Volatility was down by 40%, with...
Missing liquidity – Zen and the art of liquidity maintenance
Regulators cannot find the liquidity problem that traders see daily, threatening to set rules for game ‘A’, when game ‘B’ is played out in the markets. Chris...
Symphony acquires Cloud9 Technologies
Financial markets’ infrastructure and communications platform, Symphony, has acquired the trader voice and electronic communication company Cloud9 Technologies.
The acquisition is planned to support Symphony...
Pirum launches CSDR fails cost reporting
Trade reconciliation specialist, Pirum Systems, has launched a new fails report for the Central Securities Depository Regulation (CSDR), which will require a mandatory buy-in,...
OTCX registers as MTF as UK trading venue perimeter rules begin
Derivatives trading venue OTCX has been registered as a multilateral trading facility (MTF) in the UK, in the week that the UK’s Financial Conduct...
Hult: The dealer business is changing
Who are the big beasts of the bond markets today? The red ink on banks’ recent quarterly earnings reports writes the latest chapter in...
PT democratisation through better analytics and residual management
By all measures, Portfolio Trading (PT) as a protocol has reached maturity, accounting for 20% to 25% of all US electronic credit trading. We...
Wave Labs launches Systematic Investment Application for building systematic credit strategies
Execution management system (EMS) provider, Wave Labs, is launching its Systematic Investment Application (SIA), a new modular system for developing systematic strategies in the...
