Odd-lot bond case alleges pressure on Bloomberg and collusion
In the US Southern District Court of New York, a class-action lawsuit has been brought against a group of banks, alleging that since 1...
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...
ICE to offer US Treasury securities clearing
Intercontinental Exchange (ICE) is launching a clearing service for US Treasury securities and repurchasing agreements, it has announced.
The Treasury clearing service will leverage ICE...
US fixed income issuance down 12%, ADV up 13.5%, in Q3 2023 YoY
Total US fixed income issuance for Q3 2023 saw a 12% drop (from US$1.8tn) against the same quarter in 2022, and down 12.8% against...
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ESMA moves to tighten up algo surveillance
Algo trading has grown increasingly complex over the last decade. In 2007, the Markets in Financial Instruments Directive (MiFID) permitted competition with the national...
Viewpoint : Automation : Nicholas Bean & Ravi Sawhney
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...
How big is portfolio trading in corporate bond markets?
Recent reports from market participants have given slightly different estimates for the use of portfolio trading in US corporate bonds, however the consensus is...
GSAM promotes Cohen to VP Credit Trader
Emma Cohen, credit trader at Goldman Sachs Asset Management Fixed Income, has been promoted to vice president, having been an associate credit trader since...
Propellant.digital secures funding from Volta Ventures
Trading analytics fintech Propellant.digital has secured an undisclosed strategic investment from Volta Ventures.
Co-founded by CEO, Vincent Grandjean, the platform tries to maximise the...
BondAuction and NowCM partner to support primary market access
BondAuction and NowCM, the primary market platform, are establishing connectivity between their platforms to offer connectivity for respective clients and users.
NowCM and BondAuction will...
Tradeweb: A new era in Gilt pricing
The DESK talks to Chris Collett, Director, European Governments at Tradeweb, about the transformation of Gilt reference pricing in 2017.
The end-of-day Gilt and Treasury...
Liquidnet Primary Markets launches for Europe and US
Liquidnet, the block trading specialist which is part of TP ICAP, has launched its hotly anticipated Liquidnet Primary Markets service, a new offering providing...
