MARKET NEWS
Simone Santiago leaves Morgan Stanley
Simone Santiago has left Morgan Stanley, the company has confirmed.
Santiago has been managing director at the firm since January 2022.
Prior to this, she spent...
US Treasury volumes up, volatility down post-election
Average daily notional volume (ADNV) in US rates trading rose by 14% year-on-year (YoY) in November, reaching US$953 billion. This marks the most electronic...
Cedric Barbier joins Stone X
Cedric Barbier has moved from Nomura to StoneX and is named emerging market fixed income sales.
With a financial markets career spanning more than twenty...
US corporate bond market continues upward trajectory
Average daily notional volumes (ADNV) were up 9% year-on-year (YoY) in US credit markets, reaching US$47 billion. Year-to-date, ADNV is up 21%.
In 2024, the...
ISDA has named Jeroen Krens as board chair
The International Swaps and Derivatives Association (ISDA) has appointed Jeroen Krens as its new board chair, effective 1st of January 2025. He succeeds Eric...
WiseAlpha broadens bond access for retail
Retail investors can now access all UK corporate and government bonds through corporate bond investment platform WiseAlpha.
The company first issued fractional bonds in 2016,...
FEATURES
Matt Howell: Building a centre of excellence for derivatives trading
Matt Howell reveals how T Rowe Price optimised its derivatives trading capabilities ahead of the expected boom in trading activity this year.
How are the...
US vs Europe: The transatlantic divide for corporate bond traders
The DESK examines the different sizes, protocols and feedback traders can use on each side of the Atlantic to execute corporate bond orders.
While US...
When not to use portfolio trading
Portfolio trading cannot please all of the people all of the time.
The success of portfolio trading (PT) as a protocol has taken bond markets...
The DESK: Systematic trading
The DESK discusses effective systematic trading, the benefits to end investors, and the skills needed to create and run systematic workflows with Chris Minck,...
Primary ignition – at both ends
Politics are being sidelined in the battle for efficiency in primary markets for buyers and for issuers
The top operational priority for buy-side traders in...
Meet the consolidated tape contenders
Europe’s development of a consolidated tape for trading data now has clear front runners and benefits.
Three firms have confirmed they will compete to be...
PROFILES
RESEARCH
Investor Demand: How Trump tariffs could affect investor appetite for dollar,...
UBS House View, published by Mark Haefele, Global Wealth Management chief investment officer; Brian Rose, senior US economist, CIO America; Jon Gordon, strategist, UBS...
PAST PROFILES
FROM THE ARCHIVES
Municipal bond traders push for better execution
A standardised framework of processes could emerge from platform providers and regulators to support electronification.
In a market without infrastructure, common standards of behaviour and...
Adroit: Fixed income EMSs must reach beyond trading venues
Adroit Trading Technologies has raised US$15 million in a Series A round led by Centana Growth Partners. The cash will be spent on expanding...
Influx of buy-side support for Adamantia consolidated tape group
The Adamantia Consolidated Tape group has welcomed Allianz Global Investors, Amundi Asset Management, AXA Investment Managers, BayernInvest, Deka Investment, DWS, Invesco, MEAG, Union Investment,...
Joel Kim of Dimensional Fund Advisors on corporate bond liquidity
With Joel Kim, Head of International Fixed Income and CEO Asia ex-Japan, Dimensional Fund Advisors.
Briefly describe Dimensional Fund Advisors, including its fixed income trading...
Rules and Ratings: EU associations call for credit rating-led bond transparency
AFME, the German Investment Funds Association (BVI), Bundesverband der Wertpapierfirmen (bwf), EFAMA and ICMA have encouraged the EU to calibrate corporate bond transparency regimes...
Lower market volumes hitting platforms hard in June
Electronic platforms saw tough market conditions hitting volumes, reflecting lower trading volatility overall in the market, although Tradeweb was able to post net average...
Over stimulating?
The biggest new-issue news over the past week has been the biggest ever European stimulus package – the NextGenerationEU (NGEU) recovery plan – and...
ING’s AI is smarter at pricing bonds
By Flora McFarlane.
ING has launched Katana, a new artificially intelligent (AI) bond trading tool which uses predictive analytics to help price trades for clients....
SETL open sources its code with new PORTL solution
SETL, the blockchain company, is open sourcing its core framework, PORTL, which it intends to speed up adoption of blockchain and distributed ledger technology...
Euronext and UBS partnership boosts bond liquidity access
Expanding the liquidity pool through partnership creates a wider net of counterparties to benefit buy and sell-side.
Euronext has launched its Liquidity Distributor Initiative, with...
Moody’s: Short-term refinancing to grow in 2025
A report from rating agency Moody’s, has found that the proportion of US non-financial investment-grade corporate bonds needing refinancing within five years has grown...
European credit trading is treading its own path
Understanding the unique features of European capital markets is hugely important for traders and infrastructure providers, but so are the differences this makes to...
