MiFID II: Five concerns
Chris Hall explores the five primary concerns that credit traders have about MiFID II.
“MiFID II is not yet in force, but its impact is...
Emerging Markets Focus Part 2: Illiquidity in numbers
When investment flows are heavily directional it can make trading more challenging, as most investment firms are selling into a downward market or buying...
Scaling up EM Hard Currency trading with Targeted RFQ
In often illiquid and volatile emerging markets (EM), achieving best execution is a vital part of delivering on fund objectives. Increasingly, electronic trading plays...
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...
Rules & Ratings: FTSE Russell launches Fixed Income TPI Index and TPI Focused Glidepath...
FTSE Russell has rolled out two new indices – the FTSE Fixed Income TPI Climate Transition Index Series and the FTSE Fixed Income TPI...
Primary markets : Discretion is the better part of bond issuance
The US regulator has raised questions over bank control of new issuance automation – the question is whether banks behave with valour.
A recent report...
Lothian joins SMBC Nikko Securities America; BNP Paribas poaches Guglieri
Andrew Lothian, a veteran of the credit trading markets, has joined SMBC Nikko Securities America’s credit trading desk. Lothian, whose career as a trader...
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...
Exclusive: How Bloomberg bagged Broadway when ION could not
Bloomberg’s recent agreement to acquire execution management system (EMS) provider Broadway Technology, raised some eyebrows within the front office universe.
Broadway had previously been the...
Chatham Asset Management fined for improper bond trading
The Securities and Exchange Commission (SEC) has charged New Jersey-based Chatham Asset Management and its founder, Anthony Melchiorre, in connection with improper trading of...
BondWave upgrades platform
BondWave, the financial technology firm focused on fixed income solutions, has upgraded its portfolio and transaction analytics suite of tools with the release of...
Overbond and Rapid Addition form strategic alliance for bond trading automation
Overbond’s fixed income artificial intelligence (AI) will now offer protocol and system agnostic integration with venues and electronic trading systems used by sell-side and...
