BrokerTec integrates relative value curve spread trading with Broadway Technology
Fixed income and FX trading platform, BrokerTec, has partnered with Broadway Technology to make its relative value (RV) curve spread trading functionality available on...
EMSs connect the dots in bond trading
Increased integration between venues and trading tools could herald far greater automation.
Moving a fixed income order from a portfolio manager to a counterparty is becoming...
Morgan Stanley reports Q3 trading revenues down 14% year-on-year
Morgan Stanley has reported its Q3 results, with trading taking a hit. The firm saw trading revenue US$2.86 billion, down from US$3.33 billion in...
BIS targets liquidity cliff in repo
Banks have reacted to end-of-quarter capital reporting by reducing activity, leading to sudden declines in liquidity; now authorities are reacting.
Banks have been ‘window dressing’...
Bloomberg: Bringing efficiency to structured credit trading
Fixed income trading desks are under growing pressure to scale workflows that were never designed for today's volumes. The DESK spoke with Derek Kleinbauer,...
S&P Global completes sale of Fincentric
S&P Global has completed the sale of its Fincentric business to Stellex Capital Management, a global private equity firm. The transaction does not have...
Primary ignition – at both ends
Politics are being sidelined in the battle for efficiency in primary markets for buyers and for issuers
The top operational priority for buy-side traders in...
Origination: Meta sold US$30 billion of AI bonds on 30 October
Meta Platforms, the US investment grade social media platform operator, priced and sold a six-part dollar deal, with a net value of US$30 billion,...
Trumid upgrades US corporate bond predictive pricing tool
Trumid launches its enhanced Fair Value Model Price (FVMP) tool, which aims to deliver predictive pricing for around 22,000 US corporate bonds every 30...
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...
Moody’s: Speculative-grade credit default rate to rise in 2023
Moody’s Investor Services expects the global speculative-grade corporate default rate to rise in 2023 as slowing economic growth, higher input costs and rising interest...
Prioritising investment on the high yield trading desk
When we look at the priorities of trading desks in developing more automated tools, we can consider the longer term market trends as a...
