Fusan Exchange issues tokenised sukuk backed by sovereign-linked instrument
Fusang Exchange, a digital stock exchange operator regulated and supervised by the Labuan Financial Services Authority in Malaysia, has tokenised and listed a digital...
State Street consolidates client-facing Investment Services under O’Hanley
Louis Maiuri, president, chief operating officer and head of Investment Services at State Street Corporation will retire by early 2024, with Ron O’Hanley, chairman...
BlackRock veteran Mitchelson to join Bloomberg
Multiple sources have confirmed that Rob Mitchelson, formerly Europe, Middle East, Africa (EMEA) head of fixed income and FX trading at BlackRock, is to...
Have US IG trades hit their smallest size this year?
The fires of summer are being replaced by the floods of autumn, but in the bond markets a gentler and more positive outcome is...
Coccoluto and Fromer to head global fixed income trading at Manulife IM
Chris Coccoluto has been promoted to co-head global fixed income trading at Manulife Investment Management, from his role as head of investment grade (IG)...
Are average trade sizes really falling in the US?
Earlier this year we noted that average trade sizes were down considerably on 2022, but being wary of mean reversion, we wanted to revisit...
FDIC drive to issue US bank debt
Banks in the US have been asked by Government agencies to issue new debt to support their stability under a new proposal by the...
MSCI develops conversational AI for portfolio and risk analysis using Google Cloud
Index and information services provider, MSCI, is expanding its partnership with Google Cloud to try and boost the development of generative AI tools for...
TT to acquire TCA provider Abel Noser
Trading Technologies (TT) has moved into the multi-asset data and analytics space with an agreement to acquire Abel Noser Solutions (ANS), a provider of...
Analysis: Market response to US Treasury’s increased borrowing needs
The US Treasury’s need to increase debt issuance, beyond market expectations, has had several effects. Firstly there was a ratings downgrade of the USA...
