SoCal insurance firm suffers credit outlook relegation
January’s California wildfires have hit insurance companies hard, with AM Best relegating multiple-line insurance organisation Mercury General Corporation and its subsidiaries to a negative...
Beijing Stock Exchange launches corporate bond trading
The Beijing Stock Exchange opened its corporate bond market on 15 January 2024 following testing of cash bond trading and clearing on 13 January....
Oliver Price joins Bank of America
Oliver Price has joined Bank of America as a GBP swaps trader in London.
Bank of America reported increased revenues for the fixed income, currencies...
Tradeweb monthly ADV up 20% year-on-year
Market operator Tradeweb has reported a total trading volume of US$19.8 trillion for August 2021 across its electronic marketplaces for rates, credit, equities and...
PBI integrates 7 Chord’s BondDroid fixed income pricing
PBI has integrated 7 Chord’s near real-time, delayed, and end-of-day bond prices for corporate, sovereign and government bonds within its investment management systems, which...
Kluth named head of dealing at AMP Capital
Dylan Kluth has been promoted to head of dealing at AMP Capital, seven years after taking up his first trading role as an equity...
Virtu, InvestorLink partner to enhance retail broker primary market access
Virtu Financial and InvestorLink have partnered to offer underwriters access to Virtu’s network of retail broker-dealers and enhance access to secondary market liquidity.
InvestorLink will...
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
UK proposes streamlined listing regime, confirms consolidated tape for bonds
UK market regulator, the Financial Conduct Authority (FCA), has set out proposals aimed at making the UK’s listing regime more “accessible, effective, and competitive.”
In...
Investor Demand: Apollo outlines four scenarios for investors
Torsten Sløk, Apollo Global Management’s chief economist, has outlined four key scenarios that investors need to consider potential outcomes of the current trade war...
Exclusive: Nichola Hunter to lead Liquidnet’s fixed income sales
Block-trading and agency execution specialist, Liquidnet, has appointed Nichola Hunter as global head of sales for fixed income.
Hunter will be responsible for growing client...
EU Commission joins Eurex as venue for repos
The EU Commission (EC) has joined Eurex as a venue for transactions in repurchase agreements.
The EC is the latest member to join the Eurex...
