September ADV: E-trading platforms see volumes soar
Fixed income platforms saw their average daily volume (ADV) in September reach record highs with MarketAxess witnessing a 52% increase compared to September last...
bfinance finds insurers’ move away from fixed income is accelerating
Analysis by investment research firm, bfinance, has found that the proportion of insurers decreasing their fixed income holdings has been accelerated by the pandemic,...
CFTC commissioner voices cost concerns around proposed technical data reporting standards
Along with a number of financial regulatory agencies, the Commodity Futures Trading Commission (CFTC) has approved a rule proposal to establish technical data reporting...
Sherpa Edge announces client go-live after summer; Lynge Jensen departure
Danish-based outsourced trading provider, Sherpa Edge, has confirmed it is in final negotiations with its first customer, a Danish asset manager, with which it...
NNIP sees three areas of opportunity under moderate rate rise
By Flora McFarlane.
With the Fed expected to announce a third interest rate hike in December, and European counterparts likely to follow suit, investors have...
Rules & Ratings: Italy in “strong position” to weather tariffs, S&P says
S&P Global Ratings has raised its unsolicited long-term foreign and local currency sovereign credit ratings for Italy to BBB+, with a stable outlook. Short-term...
SEC proposes regulation of high-frequency trading firms in US Treasury market
US market regulator, the Securities and Exchange Commission (SEC), has proposed regulation of high-frequency trading (HFT) firms, also referred to as proprietary trading firms...
Risk profiling electronic market makers after Jane Street, Jump re-rated
Last year, Jane Street and Jump Trading had their rating outlooks upgraded by ratings agencies, as they overcame potential hurdles facing their businesses. Electronic...
Man Group names Sam Ratcliff head of order management and analytics
Man Group’s Sam Ratcliff has been named head of order management and analytics – markets platform technology.
Formerly heading up the firm’s execution technology division,...
Bid-ask spreads see double-digit tightening in early 2025
Analysis of MarketAxess’s CP+ data, which analyses composite trading costs based on traded bonds, has found that bid-ask-spreads have tightened by double digit percentages...
Insights & Analysis: European high-yield issuance dropped in Q1
Primary high yield (HY) bond issuance fell by 23.6% quarter-on-quarter (QoQ) in the first three months of the year, and was down almost 30%...
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...