Tradeweb to acquire Nasdaq’s eSpeed central limit order book
Electronic bond market operator, Tradeweb, has agreed to buy Nasdaq’s US fixed income electronic trading platform. The Nasdaq interdealer platform, formerly known as eSpeed,...
Exoé signs Sherpa Edge Trading as linked agent in Northern Europe
Sherpa Edge Trading is entering into a linked agent agreement with outsourced trading provider Exoé. This partnership will bring Exoé’s buy-side outsourced multi-asset trading...
Sherpa Edge appoints Frank Lynge Jensen as chief trader
Outsourced trading specialist Sherpa Edge has appointed Frank Lynge Jensen as chief trader. Lynge Jensen has 21 years’ experience as a trader, working as...
ICE Bonds sees record notional volume for portfolio trading
Market operator, Intercontinental Exchange (ICE), has reported record volumes for fixed income portfolio trading during the fourth quarter of 2020.
Over US$1.9 billion in US-based...
MarketAxess launches centralised marketplace with integrated rates trading
Electronic bond market operator, MarketAxess, has launched a centralised fixed income trading marketplace integrating rates trading capabilities within the MarketAxess trading system.
MarketAxess acquired government...
November gives Tradeweb its second highest month’s ADV ever
Market operator Tradeweb has reported today total trading volume for November of US$18.7 trillion across its electronic marketplaces for rates, credit, equities and money...
Redburn sees value in bond market venue M&A
Analysis by broker Redburn has found that major exchanges – in which it included MarketAxess, the fixed income trading venue, and interdealer broker TP...
Morgan Stanley: Portfolio trading volumes have grown by 56% in 2020
Research by Morgan Stanley’s market strategist team has found that use of portfolio trading in the US corporate bond market has increased by 56%...
Bloomberg changes pricing model for fixed income trading – globally
Bloomberg is radically changing its charging model for fixed income trading. It is to apply fees for fixed income trading across its venues in...
BrokerTec launches dealer-to-client repo execution platform into US markets
Market operator BrokerTec, part of the CME Group, has made its dealer-to-client request-for-quote (RFQ) trading platform, BrokerTec Quote, available to the US repo market...