Credit Suisse and Crédit Agricole lose EC fine appeals
Credit Suisse and Crédit Agricole have lost their appeals to avoid €28.4 in fines for competition rule infringement, initially imposed by the European Commission...
Consolidated tape: Can Europe replicate US market transparency?
Having spotted the need for a consolidated tape in 2005 – when the US already had one – Europe and the UK are so...
TORA integrates Neptune to boost fixed income OEMS
Trading technology provider, TORA, is integrating its leading order/execution management system (OEMS) with Neptune Networks, the pre-trade data connectivity source. The new connection enables...
Uncertainty persists around process trades
A standardised approach to handling process trades would better support dealers. By David Wigan.
In mid-February, the European Securities Market Association (ESMA) published a formal...
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Interactive Brokers expands global bond offering
Interactive Brokers, an automated global electronic broker, has expanded its global bond offering within the IBKR Bond Marketplace, with regards to liquidity and trading...
LatAm sees e-trading momentum with support for all-to-all
In Latin America, 46% of trading in corporate hard currency bonds is conducted electronically, according to research by analyst firm Coalition Greenwich, compared to...
Allianz, BlackRock, T&D Holdings invest in Viridium
Allianz, BlackRock and T&D Holdings have invested in German life insurance consolidation firm Viridium.
The three firms join Generali Financial Holdings and Hannover Re in...
Do regulators understand ‘best execution’ in corporate bond markets?
What is best execution in bond markets?
In fixed income a best execution process matches up trade metrics to the investment parameters.
“Trading is simply how...
Slow-moving regulation hindering EMIR 3 preparation, industry says
The European Securities and Markets Authority (ESMA) has published its regulatory technical standards (RTS) for EMIR 3, after market participants expressed frustration that the...
Tradeteq expands into private debt issuance
Tradeteq, the technology provider for securitisation-as-a-service and bank asset distribution, is expanding into private debt and real assets in an effort to help banks,...
MarketAxess rides all-to-all and volume growth to record revenues in Q1
Bond market operator MarketAxess has reported Q1 2021 revenues of US$195.5 million, up 16% on the previous year and a company record. While Q1...
EM traders ride out the chaos
It would be understandable if trading in emerging markets (EM) debt were becoming more expensive as risk increased in many markets it makes up,...