State Street introduces buy-side to buy-side repo programme
State Street has launched a new peer-to-peer repo programme for the buy side. Building out from its sponsored repo and securities lending model, including...
Treasuries HFT hack test results released
The impact of a simulated cyberattack on a high-frequency trading (HFT) firm in the US Treasury (UST) market has been released by the Treasury...
Dark trading limits to apply from March after reporting failures
*Update* The European Securities and Markets Authority (ESMA) will only apply the double volume cap (DVC) mechanism for trading European equities from March 2018,...
UK government debt issuance soars
The latest report from the Association for Financial Markets in Europe (AFME), looking at European government bond markets, found that €1 trillion of bonds...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), venues that...
Scott joins Aware Super
Andrew Scott has joined Aware Super as a senior fixed income portfolio manager. He is based in Sydney.
Aware Super holds AUD 200 billion in...
BondVision prepares for T+1 shift
MTS’s BondVision (part of the Euronext group) has updated its default settlement offset to T+1.
In anticipation of the North American transition to a shortened...
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...
Origination: Will Germany support European debt mutualisation?
UBS Asset Management’s Jonathan Gregory, head of UK fixed income, has posited the idea that European countries may at some point seek to mutualise...
Former TD Securities head of US Treasury trading indicted for alleged spoofing
A federal grand jury in the US has returned an indictment charging Jeyakumar ‘Jack’ Nadarajah, formerly TD Securities’ head of US Treasury trading, with...
People’s Bank of China sets out northbound rules for Swap Connect
The People's Bank of China has issued interim measures to standardise the interest rate swap market between the mainland and Hong Kong, protecting investor...
Head of FI trading Harrington departs BMO Global Asset Management
BMO Global Asset Management has confirmed that Marc Harrington has left the firm as head of fixed income dealing. Harrington is a highly experienced...
