Bond-trading broker-dealer charged for allegedly bankrupting firm
The Securities and Exchange Commission (SEC) has charged Keith Wakefield, a former managing director and head of fixed income trading at IFS Securities, an...
MetLife Investment Management acquires Mesirow teams
MetLife Investment Management (MIM) has agreed to acquire the high yield, bank loan and strategic fixed income teams.
The transaction also includes Mesirow’s small-cap equity...
Greenwich: RFQ cuts convertible bond spreads in half
New research by analyst firm Greenwich Associates has found that the request for quote (RFQ) protocol is cutting the spreads made by the most...
Ten years of research: Lessons for trading platforms in fixed income
Lessons on the viability and competitiveness of liquidity aggregation tools can be drawn form the last decade of research conducted by The DESK.
In 2015...
CGS-CIMB Securities adopts Bloomberg TOMS and data licence for expansion
Asia-based financial services provider, CGS-CIMB Securities International, has adopted Bloomberg’s Trade Order Management System (TOMS) and data via Bloomberg Data License (DL) to scale...
China lays path to greater liquidity
Better risk and liquidity management is on the cards for the buy side as repo and derivatives are promoted by authorities and market infrastructure...
Ediphy: The simpler path to better trading
Ediphy’s CEO, Chris Murphy, explains how traders can engage with the latest protocols and technology through a single access point.
The DESK: Firstly, what has...
BNY Mellon adds agency MBS to new DTCC cleared repo sponsored member programme
US post-trade market infrastructure giant, the Depository Trust & Clearing Corporation (DTCC), has launched its Sponsored General Collateral (GC) Service, a new offering from...
MarketAxess: In focus: Systematic fixed income trading strategies
As a growing number of banks, hedge funds and asset managers begin deploying more systematic and quantitative strategies across fixed income trading, Max Callaghan,...
Gensler confirmed to depart SEC
The Securities and Exchange Commission has announced that its 33rd Chair, Gary Gensler, will step down from the Commission effective at 12:00 pm on...
GAM raises spectre of illiquidity and redemption
By Pia Hecher.
Global Asset Management (GAM) fund boards suspended all subscriptions and redemptions in its unconstrained/absolute return bond funds (ARBF) on 31 July 2018....
Liquidnet sees surge in e-trading activity, ‘record-breaking’ week for Europe’s primary market
Liquidnet has reported a record-breaking week for electronic new issues trading for the week commencing 8 January. Records were broken in terms of volumes,...
