Catton promoted at BlackRock; Shah joins DB, Framjee poached by Morgan Stanley
Dean Catton has been named head of European credit trading at BlackRock following the departure of Nikhil Sethi. His new position puts him in...
Falsified trades prompt Macquarie FCA fine
The FCA has fined Macquarie Bank’s London branch £13 million over poor systems and controls after non-existent recorded trades cost the firm approximately US$57.8...
SEC warns on counterparty risk in volatile markets
Staff of the Security and Exchange Commission (SEC) division of trading and markets have urged broker-dealers and other market participants to remain vigilant to...
Trumid tops records in brisk January electronic credit trading
US electronic credit activity rebounded sharply in January. On FINRA’s TRACE tape, the combined US investment-grade (IG) and high-yield (HY) average daily volume (ADV)...
Marmoiton promoted at Alken
Alken Asset Management has promoted Antoine Marmoiton to head of its risk and trading team.
Based in London, Alken holds €1.5 billion in assets under...
Research: Competition proves tough for O/EMS providers
Onboarding time shows the challenge facing EMS & OMS firms but algo trading increases demand
Two years ago Flextrade had a big pipeline of new...
Major concerns raised about repo
By Flora McFarlane.
Several buy-side practitioners have voiced warnings about the outlook for the ‘broken’ repo market, warning that European regulators needed to address the...
Are your traders for hire?
Growing numbers of asset managers are hiring third parties to provide their trading desks. Dan Barnes investigates.
Fixed income funds are under increasing pressure to...
MiFIR: Controversy around consolidated tape proposal for revenue sharing with venues
The Czechia presidency of the Council of the European Union proposed amending the Markets in Financial Instrument Regulation (MiFIR) on 16 December 2022, with...
Latest ESMA data shows 439 liquid bonds
The European Securities and Markets Authority (ESMA) has made available new data for bonds subject to the pre- and post-trade requirements of the Markets...
Tradeweb caps record Q4; December lighter than analyst predictions
Market operator Tradeweb reported a total trading volume for December 2021 of US$19.9 trillion across rates, credit, equities and money markets, a decline of...
Euronext seeks govies clearing expansion
Euronext Securities Milan has requested LCH open the settlement of all its European government bonds as Euronext seeks to align the services of its...
