Duffy remains confident in face of FMX challenge
Despite record results, one topic dominated CME’s Q2 earnings call earlier this week: FMX.
CEO Terry Duffy has been vocal from the outset about his...
What is driving down EM trading costs?
Analysis of trade size and bid-ask spread data from MarketAxess’s CP+ pricing feed and Trax market data, which tracks activity across markets, indicates that...
KeyBanc Capital Markets adopts Bloomberg B-PIPE for investment grade credit algorithm
KeyBanc Capital Markets (KBCM), the corporate and investment banking arm of Cleveland-based KeyCorp, has adopted Bloomberg’s real-time market data feed, B-PIPE, for its investment...
Quantum leap: HSBC, IBM improve bond RFQ fill rate by 34%
HSBC and IBM have reported a 34% improvement in fill-rate modelling for bond request-for-quote (RFQ) using quantum-generated features and common data science algorithms.
The bank–technology...
Why repo will not crash again
In December 2016 Europe’s repo markets crashed and burned. This year may look healthier than last but finding liquidity can still prove challenging. Lynn...
Viewpoint: Nichola Hunter – The next big evolution in rates trading
Q&A with Nichola Hunter at MarketAxess.
What were the drivers behind the MarketAxess expansion into rates?
There were two main drivers. One was to provide, primarily...
Federated Hermes trades “less than 5%” on e-trading platforms
The chief investment officer (CIO) of asset manager Federated Hermes investments (FHI), which has US$758 billion in assets under management, has said the firm...
Neptune announces new CEO, with strong buy-side support
Neptune Networks, the fixed income pre-trade market utility, has appointed John ‘Coach’ Robinson as permanent chief executive officer (CEO). Robinson commenced in the role...
Rules & Ratings: SAZ Re gets stable ‘excellent’ ratings from AM Best
AM Best has assigned African reinsurance firm SanlamAllianz Re (SAZ) a financial strength rating of A- (excellent) and a long-term issuer credit rating of...
The technology behind price making
Lynn Strongin Dodds canvasses the market to see who is willing to pick up the gauntlet in Europe.
If dealers are trading less, they are...
Did MiFID II spark a revolution?
An ‘all-star panel’ provided contrasting views on the pace of change being wrought by regulation and technology in Tuesday morning’s session, ‘Embracing a new...
ICE sees record OI in Euribor options
The Intercontinental Exchange (ICE) recorded record open interest in Euribor options on 1 June.
The exchange reported that open interest in ICE Euribor futures and...
