Credit Suisse unveils transformation plan for investment bank as Meissner exits
Credit Suisse has said it intends to take “decisive steps” to restructure its investment bank and focus on areas more closely connected to its...
MarketAxess sees third quarter ADV growth of 32% in credit and 41% in rates
MarketAxess saw total average daily volume (ADV) in Q3 2022 increase by 32% over the same period in 2021, with rates ADV up 41%...
ESMA: APA problem is not a risk to investment firms
The European Securities and Markets Authority has said that a recent problem in reporting bond market data via an approved publication arrangement (APA) does...
Barnes on Bonds: Secondary Gilt Trip
To look at the whipsaw effect of the UK’s 23 September mini-budget on secondary UK bond trading, we have taken data from MarketAxess TraX,...
Barnes on Bonds: Primary Gilt Trip
To see political risk writ large in financial markets, look no further than the UK. While Rishi Sunak has won the race to be...
Federal Reserve: Dealer sensitivity major barrier to all-to-all trading in US Treasuries
A new staff paper published by the Federal Reserve Bank of New York has found there are possible advantages in delivering all-to-all trading to...
TS Imagine poaches Villain from Itiviti
Frederic Villain has joined trading and risk technology provider TS Imagine, from trading platform supplier Itiviti.
“Happy to join a great team, under the leadership...
Mystery surrounds APA failure in European bond markets
European bond market participants are keen to know which post-trade data reporter, known as an approved publication arrangement (APA), has ‘data quality issues’ resulting...
Ediphy Markets launches Ediphy Credit
Ediphy Markets has launched Ediphy Credit, a service to help institutional asset managers access better liquidity in corporate bonds. Ediphy Credit combines data analytics...
Broadway upgrades Duration Trader algo to tackle rates volatility
Broadway, the front-office system provider, has upgraded its Duration Trader algorithm in an effort to meet customer and market needs during an ongoing period...