Swissquote sees jump in fixed income revenues in H1 on higher rates
Swissquote has seen its cash and fixed income revenue in H1 2023 increase markedly, helping the firm record a pre-tax profit of CHF124.9 million...
TS Imagine names momentum indicators for fixed income e-trading
TS Imagine has announced the latest momentum indicators for fixed income electronic trading, per data capture from TradeSmart Fixed Income EMS (TradeSmart), reflecting the...
Seth Merrin stands down
Seth Merrin is to stand down as chief executive of Liquidnet, the US broker he founded almost 20 years ago. He will remain as...
Dealer Diversity in the Spotlight
By Tradeweb
The financial services industry has made enormous progress toward recognizing the importance of diversity over the last several years, but there is still...
E-trading stumbles in US credit
E-trading in high yield (HY) US credit reduced year-on-year (YoY) in February, despite rising average daily trade sizes.
After taking almost a third of traded...
Bloomberg launches RMB-denominated Liquid China Credit Index
Bloomberg has launched the Bloomberg Barclays Liquid China Credit (LCC) Index, designed to track the liquid, tradable portion of the RMB-denominated credit bond market....
Why are European IG Bid-Ask spreads widening?
Liquidity in the European corporate bond market is becoming more expensive in both high yield (HY) and investment grade (IG) trading. According to MarketAxess...
BondWave reports volume/liquidity paradox
Trading efficiency has driven down the costs of trading, and supported the ability to find liquidity, despite falling volumes, says BondWave’s Paul Daley, MD...
UK sees first tokenised collateral FX transaction
Lloyds Banking Group and Aberdeen Investments have completed the first foreign exchange trade using tokenised collateral in the UK.
Tokenised units of Aberdeen Investment’s money...
How Fed bond buying is impacting markets
The Federal Reserve Bank of New York is hoovering up assets in order to support corporate borrowing in the US, and subsequently creating some...
Rules & Ratings: KBRA makes two senior management appointments
Eric Neglia has been named global head of KBRA’s expanding funds ratings business, while Thomas Speller has been appointed global head of fund finance,...
Refinancing debt: New bonds, old problem
A new paper from Bank of America’s credit strategist Neha Khoda and Adam Vogel has found that bond issuers are facing a significant increase in costs...
