S&P Global Ratings: European credit spreads still wide
In its latest ‘Europe Credit Markets Update’, S&P Global Ratings has painted a grim picture for European borrowers, notably in the high yield space,...
Europe unifies collateral management systems
The Eurosystem has launched the Eurosystem collateral management system (ECMS) as it works towards a more unified European financial framework.
As the fourth TARGET service...
November gives Tradeweb its second highest month’s ADV ever
Market operator Tradeweb has reported today total trading volume for November of US$18.7 trillion across its electronic marketplaces for rates, credit, equities and money...
BlackRock acquires Preqin
BlackRock has agreed to acquire private markets data provider Preqin in a £2.55 billion transaction, expanding its private markets capabilities.
Through the acquisition, BlackRock will...
US rates take a summer dip
A slight cooling in average daily notional volumes (ADNV) in US rates trading, down 7% to US$1,012 billion from May’s US$1,097 billion, still represented...
Citi asserts control over any data tied to bilateral client trades
The European credit trading team at Citi has, according to several large asset managers, told buy-side clients the bank owns any data relating to...
SEC fines ten broker-dealers US$289m for recordkeeping violations
Ten sell-side firms have been fined a combined US$289 million by the US Securities and Exchange Commission (SEC) for violating recordkeeping provisions.
The...
Enhanced execution through automation
Andrew Cameron, Automation Solutions at MarketAxess, discusses the benefits of automation in trading.
Automation technologies have revolutionised so many aspects of our lives that it’s...
ION LatentZero connected to UBS Bond Port for buy-side
Trading, analytics, and risk management system provider, ION Markets, has connected its LatentZero buy-side clients to the UBS Bond Port trading platform. Bond Port...
Alexander Sedgwick joins S&P Global
S&P Global Market Intelligence has appointed market-structure specialist Alexander Sedgwick as executive director on its municipals & fixed-income commercial team in New York.
Sedgwick arrives...
Trading automation in the fixed income market
Nicholas Bean, Head of Electronic Trading Solutions, and Ravi Sawhney, Head of Fixed Income Automation at Bloomberg speak to The DESK.
How much of the fixed...
Jamie Crank promoted at ASX
ASX has appointed Jamie Crank as group executive for technology and data, effective 9th September.
The appointment follows “an extensive external and internal search process”,...
