Best practice in credit TCA measures
The need to optimise execution quality is increased as buy-side firms seek to optimise all-to-all trading, and therefore price making, in credit. Transaction cost...
Franklin Templeton drops CRD cloud move in favour of Aladdin
Global investment management firm Franklin Templeton has selected BlackRock’s Aladdin order management system (OMS) to bring together its multi-asset class investment management platform.
The move...
Row erupts as CBOE seeks to define exchange boundaries
An application by multi-asset market operator, CBOE, to define what is considered a ‘facility’ of the exchange, has triggered a row. The firm sought...
The ‘venue’ question raised by ESMA’s new order execution consultation
The European Securities and Markets Authority (ESMA) is consulting on the development of technical standards (RTS) specifying the criteria for establishing and assessing the...
valantic FSA to develop web UI for Nasdaq Rates Trader
valantic FSA has agreed to develop Nasdaq Rates Trader, a new web-based user interface for Nasdaq’s Nordic and Baltic fixed income markets.
The new UI...
‘Today’s inefficient is yesterday’s efficient’: Innovation in corporate bond issuance
While nearly half (47%) of corporate bond investors feel that technology has made the new issue process more efficient, the mechanics of distributing newly...
FILS USA: The complexities of routing an order
A great session on selecting trading protocols at the Fixed Income Leaders Summit in Boston, allowed traders to consider what really say behind counterparty...
Meet the consolidated tape contenders
Europe’s development of a consolidated tape for trading data now has clear front runners and benefits.
Three firms have confirmed they will compete to be...
TS Imagine names momentum indicators for fixed income e-trading
TS Imagine has announced the latest momentum indicators for fixed income electronic trading, per data capture from TradeSmart Fixed Income EMS (TradeSmart), reflecting the...
High Yield issuance is taking off
Comparing corporate bond issuance volumes for 2023 and 2024, we can see that the pattern is frequently a high start to the year, with...