MARKET NEWS
Bloomberg facilitates European government bonds electronic list trade
Bloomberg has executed the first electronic list trade in European government bonds though its multilateral trading facility (MTF), with its evaluated pricing service (BVAL)...
Markus Sauerland joins NowCM as COO, co-CEO
Market infrastructure and issuance provider NowCM has appointed Markus Sauerland as its new chief operating officer and co-CEO, alongside current CEO Robert Koller, effective...
Direct streaming builds support at TradeTech
The evolution of bond trading, through the smart application of technology and increasingly sophisticated market making is promising to deliver better execution, said Lynn...
Bosworth Monck joins Aeon Investments advisory board
Credit-focused investment manager Aeon Investments has appointed Bosworth Monck to its advisory board.
Monck has more than three decades of industry experience, most recently spending...
Neil Palan joins Sarasin & Partners
Neil Palan has joined Sarasin & Partners, an investment manager with £18.8 billion in assets under management, as a multi-asset trader.
Palan spent 16...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
FEATURES
Jupiter AM: Training to trade against heavyweight rivals in fixed income
Jupiter Asset Management has trained its trading team on data and analytics in order to beat its rivals to the punch when finding liquidity...
Buy side hails positive development of STP for bond issuance
Risk warning lights flashing on buy-side trading desks could be assuaged thanks to industry collaboration on primary markets.
It seems incongruous that the 50-year old...
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 Tenth Annual Trading Intentions Survey
Key parts of bond market electronification are still up for contention, with stiff competition across pre-trade, primary and secondary market services.
In 2024 The DESK...
Lars Salmon: On internal strength
Fidelity International has homegrown internal expertise and tech, to support a fixed income trading team that can weather all markets.
Lars Salmon is head of...
Systematic, hydromatic; can credit get as fast as greased lightning?
Some investment firms have claimed they can fully systematise credit trading by 2025, The DESK investigates.
Investment managers and banks are rapidly adopting systematic approaches...
PROFILES
RESEARCH
The Tenth Annual Trading Intentions Survey
Key parts of bond market electronification are still up for contention, with stiff competition across pre-trade, primary and secondary market services.
In 2024 The DESK...
PAST PROFILES
FROM THE ARCHIVES
Data: A blank tape
Europe’s consolidated tape proposal is a start, but many details still need to be filled in for its value to be assessed. Lynn Strongin...
European Commission pushes consolidated tape for primary and secondary bond market
The European Commission (EC) has set out a wide ranging process to “stimulate the openness, strength and resilience of the EU's economic and financial...
UBS Execution Hub hires multiple senior buy-side traders as expansion continues
According to an internal memo, as seen by The DESK, Ian Power has joined UBS Execution Hub as head of UK execution, one of...
AFME: EU retail investor proposals may negatively impact wholesale markets
The Association for Financial Markets in Europe (AFME) has outlined its concerns with the European Commission’s Retail Investment Strategy (RIS), with some of the...
Tradeweb and FTSE Russell launch closing prices for Euro govies
Multi-asset market operator, Tradeweb Markets, has collaborated with FTSE Russell to launch benchmark closing prices for European government bonds.
Calculated in accordance with the...
Greenwich Associates: Growing dealer-client instability
By Pia Hecher.
Market intelligence provider Greenwich Associates found that between 2014 and 2018, there was a 50% increase in the median size of clients’...
Video: Trends in Fixed Income Trading: Metamodern Meditations on the Future Market Structure
Russell Dinnage, managing consultant at GreySpark Partners, talks about how the structure of trading in the fixed income market could change over the next...
MeTheMoneyShow : Dimon worries about fintechs
Dan Barnes, Editorial Director of Markets Media Europe and senior writer Shanny Basar discuss the latest shareholder 'letter' from Jamie Dimon, chairman and chief executive of...
Quantitative Brokers: Rate futures market susceptible to shocks
A new paper by Quantitative Brokers’ research team, led by Shankar Narayanan has found that the average quote size of many interest rate futures...
Risk of fiscal crisis in US from growing federal debt
A new report from the Congressional Budget Office (CBO) has found that if current laws governing taxes and spending generally remained unchanged, the federal...
Greenwich Associates: Fixed-income future shaky for dealers
By Flora McFarlane.
Analyst firm Greenwich Associate’s report on investment banks trading European fixed income, has indicated that the first half of 2017’s buoyancy on...
HSBC Asset Management names Global Fixed Income CIO
HSBC Asset Management has appointed Michael Cross in the newly created role of Global Fixed Income CIO.
The fund manager said in a statement that...
