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...
CME Europe and CME Clearing Europe to close by year end
CME Group is to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017. The announcement follows Nasdaq...
Connectivity platforms report FI deals ahead of MiFID II
By Sobia Hamid.
The growth of electronic trading in fixed income is driving connectivity between trading platforms. In 2016, Greenwich Associates estimated electronic trading of...
Repurchase disagreements
A calamitous year-end in 2016 has put the broken repo market firmly in the spotlight. Lynn Strongin Dodds reports.
December 2016 saw Europe’s repurchase agreement...
Repo ripe for evolution
The broken mechanics of the repo market have been exposed creating demand for change says Roberto Verrillo, Head of Strategy and Markets at Elixium.
“Those...
How the Trumid takeover will affect Electronifie traders
All-to-all US bond trading platform Trumid has agreed to buy fellow all-to-all trading platform Electronifie. Upon closing, the deal will mean the Trumid user...