Regulation : Brokers warned on SI regime missteps : Dan Barnes
Regulators have expressed concern over banks’ plans for operating systematic internalisers (SIs) under the revised Markets in Financial Instruments Directive (MiFID II). Dealers have...
Flow Traders loses Ramon Baljé
Ramon Baljé, the head of fixed income at Flow Traders, the prominent Dutch market maker, is leaving the firm after six years.
During his tenure,...
US credit issuance tailing off over summer?
June 2024 has seen US corporate bond issuance levels only slightly higher than those seen in June 2023, after record levels at the start...
Hanneke Smits appointed CEO of BNY Mellon Investment Management
Hanneke Smits, CEO of BNY Mellon subsidiary Newton Investment Management, is to be appointed CEO of BNY Mellon Investment Management, following the retirement of...
Turkey’s Fibabanka raises US$150m AT1 capital
Turkey’s Fibabanka has completed a US$150 million AT1 issuance, led by Citibank, Standard Chartered Bank as joint global coordinators and bookrunners and Emirates NBD...
MarketAxess: Europe seeing elevated rates trading volume
Following the news that yields for Eurozone government bonds have been rising this week, MarketAxess has shared average daily volume data from the European...
Jordan Richards joins GFI
GFI Group has hired Jordan Richards as a Dubai-based Euro-swaps broker, one year after his exit from Nomura.
GFI Group has hired Jordan Richards as...
Cboe begins publishing VIXTLT index to enhance volatility tracking
Cboe Global Markets has begun publishing intraday values for its 20+ Year Treasury Bond ETF Volatility Base Point (VIXTLT) Index.
The VIXTLT Index allows market...
APEX:E3 new AI service ALICE codes equations found in reports, TCA and research papers
Technology and analytics provider, APEX:E3, has launched a new integrated AI service, ALICE, to allow buy-and sell-side firms to rapidly analyse large documents and...
Electric dreams in global rates markets
Electronic trading between dealers and buy-side institutions is taking different paths in government bond markets, globally. Lucy Carter investigates.
“We have seen growth in the electronification of...
Morningstar: Sukuk market grows despite liquidity and concentration risk
According to Morningstar, at the end of 2024, the global sukuk markets, which represents Islamic securities structured to replicate conventional bonds, reached US$930 billion...
Less distressed debt
The risks of default in high yield credit are one reason cited for reduced sell-side trading activity in the asset class. However, while the...
