What traders need to know about inflation and volatility
Significant rises in inflation have not been seen within the careers of many traders – this is what they need to know.
As inflation increases,...
TMPG reviews US Treasury default practices
In the Treasury Market Practices Group meeting on 14 February, the agenda included a review of the December 2021 white paper, ‘Operational Plans for...
Outsourced trading consolidates further with State Street’s new acquisition
State Street Corporation has entered into a definitive agreement to acquire CF Global Trading, a global firm specialising in outsourced trading on an agency...
Surveillance is only as good as the data that fuels it
Passing the test on market abuse regulatory obligations will increasingly mean being “data fit”
By Anthony Belcher, Head of EMEA, ICE Data Services
When market...
2023: US govies down 6.3%, corporates up 5.4% YoY
US Treasury issuance was estimated to be almost US$4 trillion across 2023 and Q1 2024, a 305.7% increase on the historical average, with Treasuries...
ICE acquires American Financial Exchange
Intercontinental Exchange (ICE) has acquired the American Financial Exchange (AFX) in its entirety.
The electronic exchange, which facilitated direct lending and borrowing for American banks...
Bond platforms see leap in June volumes year-on-year
Trading platforms recorded double digit growth in average daily volumes (ADV) in June 2024. Tradeweb saw its June 2024 fully electronic US credit ADV...
Halila Mazin joins KNG Securities
KNG Securities, the fixed income investment banking boutique, has appointed former Barclays distressed and emerging markets (EM) debt specialist, Halila Mazin, as fixed income...
The changing liquidity picture for fallen angels and rising stars
When a company has its credit rating adjusted, the impact on bond liquidity is not entirely predictable. In a changeable rate environment as seen...
FCA tells asset managers to focus on liquidity risk after finding some firms lacking
The UK’s Financial Conduct Authority (FCA) has told asset managers to increase their focus on liquidity risk, stating gaps in liquidity management could lead...
Michelle Neal leaves New York Fed for private sector
Michelle Neal is leaving the Federal Reserve Bank of New York, effective March 2025, for payment systems developer Fnality.
Neal has been an executive vice...
The Book: JP Morgan rules the roost in Q1 DCM market share
JP Morgan has retained its top spot in global debt capital markets rankings by volume for Q1 2025, according to Dealogic.
With US$178.5 billion, 806...
