TMPG meets to discuss key challenges in the Treasury market structure
The Treasury Market Practices Group (TMPG), an industry roundtable coordinated by the US Federal Reserve (The Fed) met on Tuesday 19 October to discuss...
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...
MEP slams precursor to ‘EU Bond’
A feasibility study into sovereign bond-backed securities (SBSS), published by the European Systemic Risk Board (ESRB) has been slammed by Markus Ferber, German conservative...
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...
Tradeweb talks up futures market; reports Q1 growth, LSEG confusion
Tradeweb, a subsidiary of London Stock Exchange Group (LSEG), saw continued outperformance in fixed income markets in the first quarter (Q1) of 2024.
Tradeweb’s...
FCA’s new consultation aims to streamline further capital raising and enhance investor access
The Financial Conduct Authority (FCA) released on 31 January 2025 a new consultation Paper “CP25/2”, proposing further changes to the Public Offers and Admissions...
T Rowe Price picks IMTC for SMA launch
T Rowe Price has chosen IMTC to support its fixed income separately managed accounts (SMA) services.
Global asset manager T Rowe Price holds approximately US$1.65...
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...
‘Flash Boys’ hits US treasuries market
An old-fashioned trading model is giving HFT firms the edge over dealers and funds on the interdealer treasury markets, writes Dan Barnes.
A number of...
ESMA consultation on RTS 2 marks accelerated process
The European Securities and Markets Authority (ESMA) has launched a consultation on the development of draft regulatory technical standards to specify the pre-trade thresholds...
On The DESK: Kirstie MacGillivray, CEO and head of investment dealing, Aegon AM UK
As CEO of Aegon UK and its head of investment dealing, Kirstie MacGillivray has a unique perspective across the front office and the board room...
Bloomberg launches benchmark bond indices to aid low-carbon transition
Bloomberg has launched the Bloomberg Government Climate Tilted Bond Indices, offering investors exposure to Bloomberg’s fixed income benchmarks with a specific focus on companies...
