Baillie Gifford bond fund changes name and cuts fees by 50%
In January 2021, the Baillie Gifford Worldwide Global Credit Fund became the Baillie Gifford Worldwide Global Strategic Bond Fund. In addition, Baillie Gifford cut...
R3’s Corda powers first digital bond issuance on Euroclear’s digital FMI
R3’s enterprise distributed ledger technology (DLT) platform Corda has supported the first live issuance of a digital bond with Euroclear’s International Central Securities Depository...
AFME and IA agree on UK consolidated bond tape
The Association for Financial Markets in Europe (AFME) has reached an agreement with the Investment Association (IA) on a proposal for a future UK...
Investor demand: China’s US$759bn Treasury holdings hang by a thread as tariff war escalates
A continued sell-off in Treasury bonds, exacerbated after a notably poor 3-year auction on Tuesday, 8 April, has sparked widespread speculation among market participants....
BNP Paribas Asset Management appoints new global head of trading
BNP Paribas Asset Management has appointed Inés de Trémiolles as global head of trading within its Global Trading Function. de Trémiolles will join on...
Trumid names Jason Quinn as Global Head of Sales
Trumid names Jason Quinn as Global Head of Sales as company continues to expand its trading footprint and to lead firm's commercial direction, including product...
Exclusive: David Nicol leaves LedgerEdge; Rutter steps forward in interim
David Nicol, co-founder of LedgerEdge, a distributed ledger-based fixed income trading venue, has left his position as CEO. Ian Chicken, chief operating officer at...
E-trading static in record month for US credit
Average daily notional volumes were up more than a quarter year-on-year (YoY) in US credit markets over April, reaching a record US$60 billion. A...
Jon Kroeper, EVP, quality of markets to leave FINRA
Jon Kroeper, executive vice president, quality of markets, is leaving the Financial Industry Regulatory Authority (FINRA).
Kroeper joined FINRA in 2007 and has been responsible...
KfW issues first benchmark bond via Deutsche Börse’s digital D7 platform
German bank KfW has issued its first high-volume benchmark bond as a central register security according to the German electronic securities act (eWpG) with...
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...
Interactive Brokers extends trading hours for US Treasuries
Interactive Brokers, an automated global electronic broker, has expanded trading hours for US Treasury bonds on its platform, allowing the firm’s global clients to...