MARKET NEWS
Bloomberg Indices capitalises on growing leveraged loan market
Bloomberg has expanded its leveraged loan indices to both European and global markets, building on growth in the European market and increased client demand.
Jasvinder...
Roster of finance heavyweights welcomes Claude Finance with acclaim
Anthropic announced Claude Finance on 15 July, describing it as a version of its large‑language‑model platform tailored for finance‑sector research, modeling and compliance work.
Aaron Linsky,...
FICC revenues climb as US banks capitalise on volatility
Wall Street banks posted US$18.8 billion in fixed-income trading revenues in Q2, driven by their activity in macro products, particularly rates and currencies. JP...
Paul Kilfoy joins BAML
Bank of America Merrill Lynch has named Paul Kilfoy as a director and senior sales trader, based in Toronto.
Kilfoy has more than 20 years...
US rates take a summer dip
A slight cooling in average daily notional volumes (ADNV) in US rates trading, down 7% to US$1,012 billion from May’s US$1,097 billion, still represented...
HY holding back US credit e-trading evolution
Electronic trading in investment grade (IG) US credit was up both year-on-year (YoY) and month-on-month (MoM) in June, according to research from Coalition Greenwich,...
FEATURES
The pretenders, and kingmakers, to the bond throne
Dealers are backing several new trading platforms who are fighting major incumbents for market share.
In the bond market, the trading platform landscape has been...
Declaration of dependence
US president to oversee financial institution regulation amid deregulation drive.
Executive orders signed by US president, Donald Trump, have given him oversight of all US...
Electric dreams in global rates markets
Electronic trading between dealers and buy-side institutions is taking different paths in government bond markets, globally. Lucy Carter investigates.
“We have seen growth in the electronification of...
Trading Intentions Survey 2025
The battle for pre-trade analytics
The 2025 Trading Intentions Survey canvassed 40 buy-side trading desks across asset managers headquartered in Europe (52%) and the US...
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PROFILES
RESEARCH
Exclusive: US analysis of Trading Intentions Survey 2025
This year we're diving deeper into the Trading Intentions Survey. to give a more nuanced view of buy-side engagement with trading services, platforms and...
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Credit Spotlight
RISK & RETURN
FROM THE ARCHIVES
ESMA’s DLT regime could go permanent, despite low takeup
The European Securities and Markets Association (ESMA) has outlined potential amendments to make its distributed ledger technology (DLT) pilot regime permanent, despite a lacklustre...
A practical guide to buyside automation in credit markets
Gareth Coltman, Head of European Product at MarketAxess, looks at how automating buyside trade execution works in real life, and why it should be...
Cboe: What an institutional trader needs to know about FI ETFs and futures
Where instrument selection can be key, understanding cash and derivatives instruments and the interplay between them is invaluable.
The DESK spoke with Joyce Choi, director...
Asteria IM partners with Amundi for portfolio management system and dealing services
Asteria Investment Managers has adopted asset manager Amundi’s portfolio management system, the Amundi Leading Technologies & Operations (ALTO), for all of its assets under...
SEC requests comment on evolution of buy-side internal crossing rules
The US Securities and Exchange Commission’s Division of Investment Management Staff has published a statement to elicit feedback on ways to enhance its regulatory...
Exclusive: Redefining credit markets – Neptune Networks and Liquidnet
Byron Cooper-Fogarty, CEO of Neptune Networks, and David Johnsen, head of fixed income at Liquidnet, delve into their vision for this transformative partnership.
With TP...
Robbert Booij to join Eurex as CEO of Eurex Frankfurt AG
Eurex has named Robbert Booij as CEO of Eurex Frankfurt AG, effective 1 July 2024.
Booij will succeed Michael Peters and, as of 1 May,...
BGC reportedly shuts Lucera LUMEAlfa; preps FMX for soft launch
According to sources, BGC Partners has shuttered its pre-trade data business, Lucera LUMEAlfa, closing the final chapter on pre-trade data pioneer Algomi, and aligning...
Debate heats up around Munis tax exempt status
The Republican Party is considering repealing the tax-exempt status of municipal bonds.
A memorandum circulated by the US House of Representatives Budget Committee and diffused...
How to gear up for derivatives trading in 2022
Investment managers looking for better access to credit derivatives see next year as an opportunity to test new products. The DESK speaks to David...
Beyond Liquidity: T+1 Testing Begins
DTCC, the US post-trade market infrastructure, formally started the testing program for moving to a shorter settlement cycle on 14 August so market participants...
Bridgewater and SSGA launch ETF as alt demand grows
Bridgewater Associates is launching an actively-managed retail ETF in partnership with State Street Global Advisors (SSGA) as demand for alternatives continues to rise. The...
