UBS Execution Hub hires multiple senior buy-side traders as expansion continues
According to an internal memo, as seen by The DESK, Ian Power has joined UBS Execution Hub as head of UK execution, one of...
Research: Competition proves tough for O/EMS providers
Onboarding time shows the challenge facing EMS & OMS firms but algo trading increases demand
Two years ago Flextrade had a big pipeline of new...
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Price volatility in credit
We saw a big drop in average bid-ask spreads (>7%) for US investment grade (IG) last week, possibly a response to the massive levels...
The positive impact of desktop interoperability on trade execution – David Rickard
Traders can add more value in analysis and decision-making than they can as connections between systems.
Removing operational bottlenecks allows buy-side traders to provide better...
Credit : Information overload : Dan Barnes
Dealer axes: Can’t see the wood for the trees
A proliferation of axes and inventories are making dealer data hard to consume by trading desks....
AXA IM: Credit downgrades increases concentration and liquidity risk in index investment
A decrease in the average credit quality of fixed income indices and intensifying competition for high quality assets present increasingly serious challenges for UK...
The Book: CIF issues six-times oversubscribed Capital Markets Mechanism bond
The Capital Markets Mechanism (CCMM) of the Climate Investment Funds (CIF) has issued its inaugural bond, raising US$500 million from a US$3 billion orderbook.
Tariye...
Acuiti: Sell-side not confident on compulsory clearing timeline
Sell-side players are not confident in the introduction of clearing markets across cash Treasury and repo markets, concerned that deadlines are unfeasible, infrastructure is...
Why Europe’s electronic credit trading is accelerating
The level of electronic trading in European corporate bond markets has overtaken the US, according to analysis from firms including Propellant and Coalition Greenwich....
E-trading static in record month for US credit
Average daily notional volumes were up more than a quarter year-on-year (YoY) in US credit markets over April, reaching a record US$60 billion. A...
Citi clears CDS index option trades through ICE Clear Credit
Investment bank Citi has traded and cleared the first client-executed credit default swap (CDS) index option trades in the US through ICE Clear Credit,...
Ratings & Analysis: First Brands Group issuer ratings plunge
Autopart supplier First Brands Group has plummeted in credit agency ratings, declaring bankruptcy in the US.
Fitch dropped the company from B to CCC last...
