Broadway Technology’s fixed income spin-off raises questions about competitive landscape
The UK’s Competition and Markets Authority (CMA) has agreed the takeover of Broadway Technology by ION Trading Technologies, allowing ION to expand its grip...
Berry named global head of trading at Refinitiv
Dean Berry has joined data and benchmarking giant Refinitiv as global head of trading. Berry was most recently the global head of electronic and...
Bloomberg: No charge for buy-side fixed income trading
Bloomberg has quashed rumours that buy-side traders are to be charged for fixed income trading in 2021. Buy-side traders had reported to The DESK...
Tradeweb executes first electronic SONIA swaps vs Gilt futures
Fixed income market operator Tradeweb has facilitated its first electronic execution of SONIA swaps against Gilt futures for institutional investors. The electronic transaction was...
Exclusive: MarketAxess trials new mid-point session protocol Mid-X
On Tuesday, MarketAxess ran the first session of a new mid-point matching tool, Mid-X, with over 50 participants. The new trading protocol is session-based...
Editorial: Oversight of US bond markets is broken
Oversight of the US bond markets is broken. The world’s sixth largest bank by assets, JP Morgan, was able to manipulate the US Treasury...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
Who is using outsourced trading?
A new study by analyst firm Capco has outlined the drivers, pros and cons for buy-side outsourced trading, yet Capco was unable to say...
Coalition: FICC up 50% for banks in H1, rates revenues doubled
Banks saw fixed income, currency and commodities (FICC) revenues rise by 54.6% in the first half of the year according to analyst firm Coalition....
Why US and European exchanges face very different landscapes
While European authorities try to push more trading back onto stock exchanges, which have entered a period of consolidation, US regulators are angling for...
