Market News

EC suspends best execution reporting which is “not read at all”

The European Commission (EC) has adopted a Capital Markets Recovery Package, as part of the Commission's overall coronavirus recovery strategy which includes increased leniency...

MarketAxess hit 21.5% of investment grade TRACE volume in Q2

Fixed-income market and infrastructure operator, MarketAxess, has seen revenues for the second quarter of 2020 increase 47% year-on-year (YoY) to US$184.8 million, up from...

MeTheMoneyShow – Episode 15

This week, Dan Barnes speaks with Global Trading's Shanny Basar about fixed income ETFs. In these uncertain times, why are they proving so popular (in...

Symphony’s new president outlines his vision

Brad Levy, the new president and chief commercial officer (CCO) of Symphony, the capital markets communication network, has outlined his vision of the company’s...

CMA: ION takeover of Broadway looks likely

The UK’s Competition and Market’s Authority (CMA) has reported there are “reasonable grounds for believing that the undertakings offered by ION, or a...

Reports indicate UBS Bond Port is on a tear

Several buy-side traders have reported they are seeing significantly increased volumes and buy-side activity on the UBS Bond Port platform in the second quarter...

Office of Financial Research: Treasury basis trades could pose systemic risk

A new paper from the Office of Financial Research (OFR) has cast doubt on the idea that basis trades increased the lack of liquidity...

Feedback on Tradeweb ICE Constant Maturity Treasury Rates requested by 18 September

Fixed income market operator Tradeweb has published a paper along with Intercontinental Exchange (ICE) Benchmark Administration (IBA) introducing the daily Tradeweb ICE Constant Maturity...