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...
SEC signs off US Treasury clearing for cash and repo
The US Securities and Exchange Commission (SEC) has adopted a rule designed to reduce risk in the US Treasury market by ensuring that more...
The Autonomous Trader
Separating the trading function from portfolio management is a painful exercise, but the benefits can be felt by the end investor. Dan Barnes reports.
Buy-side...
FILS 2024: “We really want to see streaming”
Increasing levels of indexation, exchange traded fund (ETF) use, and data availability paint of picture of deeper, more automated credit markets in the future,...
A flying start to 2024 in European bonds may punish traders
The new year has seen a flying start in bond issuance in Europe, with a strong start relative to recent years driving €8.6 billion...
The US: Too big to Fitch?
Ratings agency Fitch has downgraded the United States’ long-term credit ratings to AA+ from AAA and removed the rating ‘Watch Negative’ stating “ reflects...
Influx of buy-side support for Adamantia consolidated tape group
The Adamantia Consolidated Tape group has welcomed Allianz Global Investors, Amundi Asset Management, AXA Investment Managers, BayernInvest, Deka Investment, DWS, Invesco, MEAG, Union Investment,...
Bloomberg Bridge: The low-lift, high-value all-to-all trading model
Bloomberg’s new ‘Bloomberg Bridge’ offering has launched in Europe and, supported by dedicated Goldman Sachs intermediation desks, has scaled its enabled user base into...
Trade sizes rise in Europe, fall in US
The end of 2024 indicates is seeing quite different changes to trade sizes in the corporate bond markets of Europe and the US, according...
FILS USA: Make sure you know which side you are on in US Treasuries
New US Treasury market regulations still have validity, ten years after the market’s infamous ‘flash jump’, as its need for resilience reflects multiple challenges...
Is a liquidity crisis brewing in European HY?
Concern around liquidity in Europe’s high yield market has been rising over the past quarter as it is hit by a double whammy, falling...
Liontrust promotes McLoughlin and Hendry
Matthew McLoughlin (see profile here), partner and head of trading at Liontrust Asset Management, has been promoted to chief commercial officer, in addition to...
