Rules and ratings: S&P gives the nod to US administration’s new tariff policy
S&P Global Ratings has affirmed the United States’ credit rating of ‘AA+/A-1+’ with a stable outlook, explicitly linking the decision to the administration’s tariff...
Electronic trading volume in US fixed income hits record
Electronic trading of US investment-grade and high-yield bonds reached an all-time high in July according to data from Coalition Greenwich.
Overall electronic trading accounted for...
Overbond and IPC partner on voice-to-AI supporting bond trading automation
Overbond has partnered with IPC, the communications and cloud connectivity service provider, to integrate IPC’s point-of-trade voice transaction data into Overbond’s artificial intelligence (AI)...
RBC Capital Markets joins DirectBooks
DirectBooks, the capital markets consortium founded to improve the bond issuance process has seen RBC Capital Markets join its platform as a member.
At present...
Simon McGhee joins Virtu Financial
Simon McGhee has joined Virtu Financial, the electronic market maker, covering exchange traded products and fixed income sales trading. McGhee has worked in the...
PLSA: Absorbed research costs must not impede transparency for investors
By Flora McFarlane.
The majority of large asset managers are opting to absorb research costs rather than pass them onto clients, but investors must investigate...
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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...
Breaking into credit with e-trading
The rising rate environment has increased interest in fixed income exposure amongst end investors.
In the US, The DESK has met with several fund...
‘Tis better to give than to receive? How ELPs affect credit trading
In a Christmassy spirited theme, The DESK considers how the advantages of electronic liquidity provision can support credit markets – and how the reception...
Joseph Stewart named co-head fixed income at SocGen US
Joseph Stewart has started a new position as managing director, co-head of fixed income division for the Americas and head of flow sales for...
OpenDoor closes for business
OpenDoor, the trading venue for US Treasuries, has ceased trading, effective 13 January 2021.
In a statement posted online, Susan Estes, CEO and president of...
Buy side ‘owes’ it to the market to make progress with tech
By Joel Clark.
Using innovative systems and technology to improve fixed income trading is part of the duty of care that buy-side traders owe to...
