Market structure: Is e-trading plateauing?
The overall pace of bond market electronification is slowing, but trading evolution is not linear.
Electronic trading has grown as a proportion of total trading,...
Market structure: The alternatives in market making
The DESK profiles five of the major electronic liquidity providers.
Given the strains on market making in fixed income, it is vital that buy-side desks...
LGIM saves US clients’ trading costs but pays US$500k fine for crossing trades
Legal and General Investment Management Americas (LGIMA) has accepted a fine of US$500,000 for failing to comply with Securities and Exchange Commission (SEC) rules...
MiFID II Review: EC could allow payment for order flow in Europe
An ongoing review of the revised Markets in Financial Instruments Directive (MiFID II) and Markets in Financial Instruments Regulation (MiFIR) has seen debate on...
CMSA – The drive to change industry dialogue in corporate bond markets
To create a wider dialogue around industry change, the Credit Market Structure Alliance (CMSA) is building an event with a democratic agenda.
The DESK: Why...
BMO expands etrading for Institutions and broker dealers to EMEA
BMO Financial Group has expanded its electronic trading footprint in Europe, Middle East, and Africa (EMEA), launching its electronic trading services for institutions and...
Clearstream consortium seeks to resolve historic Reg S and Rule 144A bond inefficiencies
In October, the international central securities depositary (ICSD), Clearstream, has its seventh meeting of its business consortium to reduce operational risks and time delays...
Tradeweb and CFETS launch southbound Bond Connect channel
Market operator Tradeweb Markets is expanding its trading link with China Foreign Exchange Trade System (CFETS) under the Bond Connect channel on 24 September...
Scotiabank, Rabo Securities and Huntington Capital Markets join DirectBooks
DirectBooks, the capital markets consortium founded to optimise the bond issuance process has signed up Scotiabank, Rabo Securities and Huntington Capital Markets to join...
ESMA consultation on RTS 2 marks accelerated process
The European Securities and Markets Authority (ESMA) has launched a consultation on the development of draft regulatory technical standards to specify the pre-trade thresholds...
