MARKET NEWS
BGC claims record Q4 as leadership transition takes effect
BGC Group has posted Q4 revenues of US$572.3 million and full-year figures of US$2.26 billion, and it set to launch FMX Futures to directly...
Euroclear launches US Treasury DVP repo service
Euroclear has launched a US Treasury delivery-versus-payment (DVP) repo service, aiming to improve efficiency and cost optimisation in the space.
The service allows cash lenders...
“Way more flexibility than at Eurex”: Euronext announces govie mini-futures
Euronext is launching cash-settled mini-futures on European government bonds this September, which it says are the first offering of this kind in Europe.
“This is...
Tradeweb shares execution workflows through Coremont
Tradeweb has partnered with cloud-based portfolio management software and analytics platform Coremont, providing execution services through its portfolio management platform.
The partnership is in line...
Strong quarter in fixed-income for European banks
European banks reported a strong showing in fixed-income trading during the final quarter of 2024, buoyed by elevated client activity across rates, credit, and...
A tale of two tapes: Consolidating the consolidators
Market participants will be hit with simultaneous, major technical demands in late 2025 and early 2026 as both the EU and UK update transparency...
FEATURES
Is electronic trading levelling out the year-end liquidity shortfall?
Concern about liquidity shortfalls at year end could be alleviated by electronic market makers say traders, and the data seems to back them up.
A...
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...
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...
FROM THE ARCHIVES
Craig McLeod: Exploring the new frontiers of EM trading
Today’s EM traders need more data, market access and broader liquidity than ever before to meet the investment profiles of their portfolios. Craig McLeod,...
Pragma launches new algorithmic management system
Pragma, the multi-asset execution technology provider, has released a new generation of Panorama, the firm’s algorithmic management system (AMS).
Panorama 2.0 is designed to provide...
Moody’s: Speculative-grade credit default rate to rise in 2023
Moody’s Investor Services expects the global speculative-grade corporate default rate to rise in 2023 as slowing economic growth, higher input costs and rising interest...
Refinitiv: Machine learning in finance hindered by data
By Pia Hecher.
Refinitiv, the financial markets data and infrastructure provider, found that 90% of financial firms it surveyed deploy machine learning (ML) and 75%...
FILS USA 2022: Scaramucci bullish on digital assets
The recent decline in digital assets is a temporary setback amid a very bullish long-term outlook, and investors shouldn’t dismiss the opportunity.
That’s according to...
Ongoing effect of CSPP on European credit markets
Europe has seen considerable growth in credit issuance this year relative to 2023, with last week finding a 116% year-on-year increase in non-financial high...
Trading desk efficiency benchmark 2016
This primary research offers traders a view of trading operations within their peer group, to benchmark against their own.
This research is a snapshot of...
Viewpoint: Rating changes increase appetite for trading desk data
Dan Barnes asks Emil Parmar, Director of Credit Trading Solutions at London Stock Exchange Group how the better provision of analytics drives more effective...
Knowing the lifetime cost of a derivatives trade
A partnership between Cassini Systems and IHS Markit is enabling investment firms to build a deeper understanding of their derivatives trading costs into pre-trade...
What bouncing US credit volumes tell us in June
Looking at corporate bond trading volumes over the past two weeks, data from MarketAxess appeared to show a recovery since levels plummeted in May...
Tradeweb Q2 revenues up 14%
Tradeweb has released its send quarter financial results, reporting $297.1 million in quarterly revenues, up 13.9% compared to prior year period, and US$1.2 trillion...
IHS Markit claims Liquidnet clients see transaction cost savings of 87%
By Shobha Prabhu-Naik.
Information provider IHS Markit claims that buy-side firms trading all-to-all receive 87% transaction cost savings, by trading on Liquidnet Fixed Income.
IHS Markit...