US unbundling does not impose fiduciary execution rules on dealers
By Flora McFarlane.
US banks are able to unbundle trade execution and research payments without incurring fiduciary responsibility for trade execution. Following a lengthy process...
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FIMSAC releases agenda for today’s meeting
By Pia Hecher.
The Fixed Income Market Structure Advisory Committee (FIMSAC) has published the agenda for its 29 October meeting. FIMSAC subcommittees will update on...
Björkman joins Credit Suisse as the head of execution for fixed income
Mikael Björkman has joined Credit Suisse’s private bank as the head of Execution in Fixed Income, joining from UBS’ private bank where he was...
This Week from Trader TV: Sarah Harrison, Allspring Global Investments
Shifting EU-US credit valuations, navigating data gaps, and the rise of portfolio trading
Sarah Harrison, senior portfolio manager at Allspring Global Investments, discusses the firm’s...
Who is using outsourced trading?
A new study by analyst firm Capco has outlined the drivers, pros and cons for buy-side outsourced trading, yet Capco was unable to say...
LSEG invests in BondCliQ to expand fixed income data
London Stock Exchange Group and buy-side institutions have led fundraising in BondCliQ, which provides a consolidated quote system in the opaque and fragmented market...
Reviewing 2022: European credit trading costs have doubled
There have been an enormous number of factors shaking up bond trading this year. From fixed income fundamentals like rapidly rising interest rates from...
UBS names Sergio Ermotti as group CEO
The Board made the decision to appoint Sergio P. Ermotti as Chief Executive Officer in light of UBS’s new priorities following its planned acquisition...
Sterling expands to cover fixed income securities
Order management, risk and margin technology provider Sterling Trading Tech will support fixed income securities by the end of Q2 2024, it has announced.
This...
A tale of two metrics – US IG corporate bond market liquidity in 2022
By Julien Alexandre, 12 October 2022
Corporate Bond Market Distress Index
The NY Fed recently launched the Corporate Bond Market Distress Index and backfilled it all...
Clearstream consortium seeks to resolve historic Reg S and Rule 144A bond inefficiencies
In October, the international central securities depositary (ICSD), Clearstream, has its seventh meeting of its business consortium to reduce operational risks and time delays...
TradeTech 2023: The digitalisation of fixed income
Delegates at TradeTech in Paris heard how the evolution of digital assets is allowing investors to access traditional exposures via new mechanisms.
“At Union Investment,...
