RBC hires Sayers from Citi to lead HY sales
Joe Sayers has joined RBC Capital Markets from Citi as head of high yield and loan sales, based in London and reporting to Janet...
EM in ‘limbo’ provides trading and pricing challenges
Emerging market bond funds have seen outflows continue to slow significantly, with Morgan Stanley’s analysts estimating it at US$1.8 billion, equating to about 0.42%...
Liquidnet reports 57% jump in bond liquidity during volatile markets
Liquidnet has reported that the recent volatility led to an increase in bond trading volumes on the all-to-all block trading platform.
“In the last six...
UBS’s Slade announces major changes in DCM team
David Slade, global co-head of leveraged and debt capital markets (LDCM) at UBS has announced in an internal memo, seen by The DESK, that...
US Fixed Income Leaders Summit delayed
The Fixed Income Leaders Summit in Nashville which had been planned to take place in June 2020, has been postponed in light of the...
The Fed opens registration for commercial paper facility
The Federal Reserve Bank of New York has opened registration for firms wishing to sell to its Commercial Paper Funding Facility (CPFF).
The commercial paper...
Buy side finds trading on the turn no less challenging
When everyone was selling and no-one was buying liquidity vanished. However, as bond market outflows lessen, and in some cases reverse, many buy-side traders...
Bond platforms report record trading volumes for March
The March 2020 numbers are in for bond trading platforms MarketAxess and Tradeweb and both have seen record results, in a period that has...
ESMA relaxes best ex reporting
The European Securities and Markets Authority (ESMA) has pushed back reporting of best execution by execution venues and trading firms, which are regulatory requirements...
Chappell and Nuyts launch European outsourced trading centre
A new outsourced trading and advisory firm, Sherpa Edge, will launch operations on 1 April led by two highly experienced traders Bart Nuyts and...
