Balancing short and long term liquidity provision
Best execution on a trade-by-trade basis is too simplistic a measure of liquidity provision; The DESK looks at best practice for longer term liquidity...
The Book: CIF issues six-times oversubscribed Capital Markets Mechanism bond
The Capital Markets Mechanism (CCMM) of the Climate Investment Funds (CIF) has issued its inaugural bond, raising US$500 million from a US$3 billion orderbook.
Tariye...
State Street serves up ‘Cods and Chips’ in European bond market rigging case
State Street has helped to uncover chatrooms, including one called "Cods and Chips" that are alleged to have been used by sell-side traders to...
FILS USA 2022: Exciting evolutions for trading protocols
Reaching out into the market to find the other side of a trade is contingent upon the right approach, be that a particular trading...
State Street joins JPM digital debt platform
State Street has become the inaugural third-party custodian on JP Morgan’s digital debt service.
The digital debt service allows the issuance, settlement and servicing of...
OpenYield Trading prints first trade
Broker-dealer and alternative trading system OpenYield Trading has launched, printing its first trade.
OpenYield is designed to make access to the bond market easier and...
SEC creates unit to tackle emerging risks
The Securities and Exchange Commission has created the Event and Emerging Risks Examination Team (EERT) in the Office of Compliance Inspections and Examinations (OCIE)....
UBS CIO: Ways to find income in a low rate world
Mark Haefele, chief investment officer for Global Wealth Management at UBS has provided guidance, alongside a team of strategists, on where investment opportunities exist...
BNY bolsters digital cash offering
Certain deposits at BNY will now be tokenised as the bank pushes ahead with its digital asset initiative.
The service will initially be available for...
Wells Fargo Asset Management becomes Allspring Global Investments
Allspring Global Investments has officially commenced operations as an independent asset management firm, as a US-based manager with US$587 billion assets under management (AUM)....
Jonathan Rick: SOFR First slowly, then all at once
SOFR First slowly, then all at once: Measuring the market transition from LIBOR
Jonathan Rick, Director of Research, Tradeweb
The dealer-to-dealer market’s switch towards the Secured Overnight...
TradFi meets DeFi: Integrating FIX and distributed ledgers
Led by global co-chair Digital Assets & Technology Committee, Vince Turcotte, 35 participants from the APAC digital assets ecosystem gathered at the 23rd Asia...
