Tom Nickalls leaves Ninety One
Morgan Stanley has appointed Tom Nickalls as a trader within its emerging markets credit team, effective August. He is based in London.
Nickalls has more...
Marathon names Alex Howell as head of European alternative credit
Marathon Asset Management has named Alex Howell as a senior managing director and as head of European alternative credit. Howell has also joined the...
Systematic, hydromatic; can credit get as fast as greased lightning?
Some investment firms have claimed they can fully systematise credit trading by 2025, The DESK investigates.
Investment managers and banks are rapidly adopting systematic approaches...
ITG expands TCA into fixed income market
By Flora McFarlane.
Agency broker ITG has announced that it is expanding its transaction cost analysis (TCA) platform into the fixed income market. Covering around...
Varrow swaps ING for RBC
Daniel Varrow has joined RBC Capital Markets as head of financials credit trading.
He is based in London.
RBC reported CAD 1.3 billion in capital markets...
ESMA consults on potential changes to CSDR penalty regime
The European Securities and Markets Authority (ESMA) has published a consultation paper seeking input on amendments to the Central Securities Depositories Regulation (CSDR) penalty...
Tradeweb saw ADV in August up 41% YoY to $1.44 trillion
Tradeweb, global operator of electronic marketplaces for rates, credit, equities and money markets, has reported total trading volume for August 2023 of US$33 trillion....
Bank of England to reduce gilt stock by £100bn
The Bank of England’s (BoE) Monetary Policy Committee (MPC) has voted to reduce the stock of gilts held in the Asset Purchase Facility (APF)...
BondAuction completes inaugural trade
BondAuction has completed its first trade, a retained-bond sale by UK affordable housing aggregator Housing Finance Corporation.
The corporation announced its partnership with BondAuction in...
Exclusive: Carl James to leave Pictet Asset Management
Carl James, global head of fixed income trading at Pictet Asset Management is leaving the firm in April to take his first non-buy-side role...
US fixed income issuance down 12%, ADV up 13.5%, in Q3 2023 YoY
Total US fixed income issuance for Q3 2023 saw a 12% drop (from US$1.8tn) against the same quarter in 2022, and down 12.8% against...
US credit activity dropped off a cliff in late November
Analysis of US corporate bond market activity has found that trading volumes and counts plummeted going into the final month of the year. A...
