Uncertainty persists around process trades

Uncertainty persists around process trades

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A standardised approach to handling process trades would better support dealers. By David Wigan. In mid-February, the European Securities Market Association (ESMA) published a formal...
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European credit trading is treading its own path

European credit trading is treading its own path

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Understanding the unique features of European capital markets is hugely important for traders and infrastructure providers, but so are the differences this makes to...
JP Morgan strides ahead in bond market-making revenues for Q1

JP Morgan strides ahead in bond market-making revenues for Q1

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JP Morgan saw robust fixed income revenue in Q1 2024 across US market makers, reporting US$5.2 billion over the first three months of the...
Moody’s strips US of its final triple-A

Moody’s strips US of its final triple-A

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Moody’s Investors Service has cut the long-term sovereign rating of the United States by one notch to Aa1, citing the inexorable rise in federal...
Le Saout named portfolio manager at ADIA

Le Saout named portfolio manager at ADIA

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Tanguy Le Saout has been appointed portfolio manager (PM) for macro fixed income Abu Dhabi Investment Authority (ADIA), a sovereign wealth fund with a...
HilltopSecurities names Jason Lisec head of fixed income capital markets

HilltopSecurities names Jason Lisec head of fixed income capital markets

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Hilltop Securities has named Jason Lisec as head of fixed income capital markets. Lisec joined HilltopSecurities in 2009 and has served as co-head of...
Allianz, BlackRock, T&D Holdings invest in Viridium

Allianz, BlackRock, T&D Holdings invest in Viridium

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Allianz, BlackRock and T&D Holdings have invested in German life insurance consolidation firm Viridium. The three firms join Generali Financial Holdings and Hannover Re in...
Concannon to take the reins at MarketAxess

Concannon to take the reins at MarketAxess

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Market operator, MarketAxess, will see current CEO and chairman Rick McVey become executive chairman from 3 April 2023 as Chris Concannon, currently president and...
SSGA launches new bond ETF on Barclays Global Aggregate index

SSGA launches new bond ETF on Barclays Global Aggregate index

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State Street Global Advisors (SSGA) has launched the SPDR Barclays Global Aggregate UCITS exchange traded fund (ETF). The fund is available unhedged on the...
David Blake leaves Northern Trust as director for Global Fixed Income

David Blake leaves Northern Trust as director for Global Fixed Income

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David Blake has left Northern Trust Global Investments as director for Global Fixed Income, after 15 years at the firm, following a restructuring of...
Making the impossible, possible

Making the impossible, possible

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Confidence in pricing data supports entirely new ways of trading through multiple trading protocols. The DESK caught up with Matthew Walters, head of product for...
IMTC platform onboards three new clients

IMTC platform onboards three new clients

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IMTC, the provider of fixed income investment management technology, has announced three firms – BLB&B Advisors, LMCG Investments, and Reynders McVeigh Capital Management –...