European rules misleading investors on trading costs for derivatives
By Pia Hecher.
Derivatives analytics firm OpenGamma found that transaction costs for derivatives may be misrepresented by up to 900% to investors, as a result...
EMMI drops Euribor+ methodology due to low transaction volumes
The European Money Markets Institute (EMMI), a non-profit group established by national banking associations in the European Union, has dropped the Euribor+ methodology, designed to...
Bond market growth slumped in 2018
By Pia Hecher.
Intercontinental Exchange (ICE) Data Indices, the information provider, has reported that the total outstanding debt across global bond markets only grew by...
CIOs assess stormy markets ahead
Managers can expect an even worse start to 2020 than they endured in 2019, unless credit markets see an adjustment, according to Chris Iggo,...
OpenDoor launches all-to-all platform in US Treasury market
OpenDoor Securities has launched a trading platform focussed on the less liquid segments of the US Treasury bond market. Nearly three dozen firms representing...
Sterling dealers recommend SONIA as alternative to LIBOR
The Bank of England’s Working Group on Sterling Risk-Free Reference Rates – a group of major dealers active in sterling interest rate swap markets – has...
Corporate Bond E-Trading 3.0: The drivers ahead
As electronic trading in the corporate bond market increases, those platforms and market participants who intend to be at the cutting edge of the...
Bank of England maintains stock levels of government and corporate bonds
By Flora McFarlane.
The Bank of England’s Monetary Policy Committee (MPC) has voted to maintain the stock of government bond purchases at £435 billion and...
Hold the phone!
Craig McLeod, Co-Head of EM, MarketAxess explains why Request for Market is electrifying emerging markets trading. This article all about data and why, as...
ING spins out AI bond tool for commercial buy-side use
ING has spun out Katana, its artificial intelligence (AI) platform for bond pricing, into a London-based standalone company called Katana Labs. ING Ventures will...
CanDeal creates Market Data Hub
By Pia Hecher.
Data services provider CanDeal has partnered with six banks to create a Canadian fixed income and derivatives market data hub called DataVault...
Tradeweb: A new era in Gilt pricing
The DESK talks to Chris Collett, Director, European Governments at Tradeweb, about the transformation of Gilt reference pricing in 2017.
The end-of-day Gilt and Treasury...
Viewpoint : Automated trading : Gherardo Lenti Capoduri
How automated can low touch get?
Gherardo Lenti Capoduri, Head of Market Hub, Banca IMI speaks to The DESK.
How are trading algos being applied in fixed...
Could buy-side share data?
Oscar Kenessey, head of derivatives, fixed income and currency trading at NNIP has suggested that sharing data between asset managers could help to overcome...
GreySpark: Smart data analytics key in reducing trading costs
A new piece of GreySpark Partners research has found that spending by investment banks and asset managers on markets and transaction data in the...
Repurchase disagreements
A calamitous year-end in 2016 has put the broken repo market firmly in the spotlight. Lynn Strongin Dodds reports.
December 2016 saw Europe’s repurchase agreement...
Technology : How smart is dealer AI? : Dan Barnes
Can artificial intelligence boost broker-dealers’ client coverage?
Simple automation will not work for complex bond markets; tools that learn to find patterns are needed...
Algomi/Euroclear deal may open access to 373,000 bonds
Pre-trade data provider Algomi has significantly extended the universe of bonds for which it can publish trading opportunities, by signing a new agreement with...
FIX issues guide for MiFID II reporting of bond trades
By Flora McFarlane.
FIX Trading Community, which sets the messaging standard for trading messages sent between buy-side and sell-side firms, has published the final Recommended...
Schroders’ former head traders return to senior roles
Rob McGrath, former global head of trading at Schroders, and Nick Robinson, former head of trading for Fixed Income and Active FX at Schroders,...
MiFID II: What could go wrong
Keep an eye on these potential points of failure, writes Dan Barnes.
For trading desks the impact of the new Markets in Financial Instruments Directive...
NNIP sees three areas of opportunity under moderate rate rise
By Flora McFarlane.
With the Fed expected to announce a third interest rate hike in December, and European counterparts likely to follow suit, investors have...
Three things to consider when choosing a SIMM™ margin provider
Samuel Hyman, Head of Americas, Cassini Systems
If you trade bilateral OTC derivatives then you probably know by now that the Uncleared Margin Rules (UMR)...
China lays path to greater liquidity
Better risk and liquidity management is on the cards for the buy side as repo and derivatives are promoted by authorities and market infrastructure...
