Editorial: Dealer consortium or dealer cartel?
A class-action lawsuit case alleging cartel behaviour by six prime brokers who “vacuum up 60% or more of the revenue generated by stock loan...
Neptune adds MUFG to its network
By Flora McFarlane.
Neptune has announced that MUFG (Mitsubishi UFJ Financial Group) is the latest bank to join its fixed income network, bringing the total number...
Liberty Street Economics: Active trading could drive loan standardisation
By Flora McFarlane.
A Liberty Street Economics report analysing the US secondary loan market has found that increased trading and liquidity will potentially standardise loans.
The...
ECB warns ‘dark trading’ may cement bond market fragmentation
A paper by the European Central Bank (ECB), entitled ‘Dark pools in European equity markets: emergence, competition and implications’ has advised firms to be...
S3 helps buy side analyse counterparty performance
By Flora McFarlane.
S3 has added contra reporting functionality to its Fixed Income Execution Quality Suite in order to provide greater insight for clients into...
PBoC & HKMA: No investment quota for northbound Bond Connect trade
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have given their approval to the local market infrastructure providers to...
Bloomberg wins over AB and Capital Group with BVAL
AllianceBernstein (AB) and Capital Group have both selected Bloomberg's evaluated pricing service (BVAL) to benchmark and corroborate end-of-day values for US fixed income portfolio...
Fixed income platforms buoyed as all-to-all expands
Fixed income electronic trading platform operators have announced record trading volumes in the first quarter of 2017.
MarketAxess, platform operator for dealer-to-client and all-to-all trading...
BoE sets code of conduct for repo and securities lending
A new voluntary Money Markets Code setting out the standards and best practice expected from participants in the deposit, repo and securities lending markets...
OpenDoor launches all-to-all platform in US Treasury market
OpenDoor Securities has launched a trading platform focussed on the less liquid segments of the US Treasury bond market. Nearly three dozen firms representing...
