ICE chases Tradeweb in MBS electronic trading
ICE aims to get a bigger pie of the electronic Mortgage Backed Securities (MBS) trading market and introduces a new anonymous Request-for-Quote (RFQ) protocol.
Intercontinental...
Evidence of trading efficiency from electronification
This week we look at the growth of electronic trading in the US fixed income markets, and the potential it holds to reduce time...
Intercontinental Exchange agrees to acquire TMC Bonds
Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced on 29th May that it...
Securitisation veteran jumps to Piper Sandler
Piper Sandler has appointed Mary Stone as managing director and co-head of the structured finance group.
Based in New York, she shares the role with...
Trading : Intertwining electronic trading of credit and rates
Electronic market operators are bringing together credit and rates trading platforms in an effort to deliver more efficient execution for traders.
The interplay between the...
Coding error triggers US$7 million fine for Citadel
The Securities and Exchange Commission has settled charges against broker-dealer Citadel Securities for violating a provision of Regulation SHO, the regulatory framework designed to...
Gilt activity spikes as new rates reality bites government borrowers
By Dan Barnes and Etienne Mercuriali
Gilts market opening on the morning of 9 January suggested some traders took a big hit, with stop losses...
Tradeweb connects repo and IRS markets in electronic workflow
Multi-asset market operator, Tradeweb has launched features that bridge the firm’s repurchase agreements (repo) and interest rate swap (IRS) product offerings to support clients’...
Teresa Durso joins Tabula Capital
Quantitative macro credit manager Tabula Capital has appointed Teresa Durso as managing director and chief operating officer.
Durso has close to two decades of industry...
Mitsubishi HC Capital UK raises €60m on TreasurySpring with first sustainable fixed-term fund
Mitsubishi HC Capital UK, a provider of consumer lending, asset finance and vehicle leasing, has borrowed more than €60 million on TreasurySpring’s platform by...
Bryan Hall swaps MFS for Maple Capital Management
Bryan Hall has left MFS Investment Management after more than two decades, joining Maple Capital Management as a fixed income portfolio manager.
Hall has spent...
When not to use portfolio trading
Portfolio trading cannot please all of the people all of the time.
The success of portfolio trading (PT) as a protocol has taken bond markets...
