Euronext completes acquisition of Global Rate Set Systems
Euronext has completed the acquisition of 75% of the share capital of Global Rate Set Systems (GRSS), a provider of services to benchmark administrators....
Buy-side firms may dominate front office tech
Buy-side firms need to make secular decisions about whether to buy or sell technology to other asset managers. Dan Barnes reports.
In April, CEO of...
How to overcome the hidden challenges of new derivatives regulation : OpenGamma
By Peter Rippon, CEO, OpenGamma.
New regulation introduced to mitigate the systemic risk associated with both cleared and uncleared OTC derivatives has also brought about additional...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
Tim Hill joins MUFG Securities Americas
MUFG Securities Americas has appointed Tim Hill as a director, focused on investment grade credit trading.
Hill joins from Goldman Sachs, where he began his...
Did UBS/CS deal terms just revalue the entire AT1 bond market?
Buy-side trading desks say they are looking at the risk of contagion across financials, following the takeover of troubled Credit Suisse by UBS, for...
Purva Patel swaps Nuveen for First Eagle
Independent, privately owned investment management firm First Eagle Investments has appointed Purva Patel as managing director and senior investment specialist of the high yield...
FILS USA 2022: Focus on liquidity
As fixed income market participants eye the threat of a further back-up in yields, liquidity sourcing is being reassessed.
While technology has greatly advanced the...
Optimising clearing costs for cheaper trading
Clearing of European derivatives now looks set to stay in London for the foreseeable future, but traders still need to assess how the clearing...
Liquidnet launches primary bond market offering as buy side demands innovation
Block-trading specialist Liquidnet is launching into the primary market technology space. Its new electronic solution, Liquidnet Debt Capital Markets (DCM), is focused on new...
US fixed income issuance down 12%, ADV up 13.5%, in Q3 2023 YoY
Total US fixed income issuance for Q3 2023 saw a 12% drop (from US$1.8tn) against the same quarter in 2022, and down 12.8% against...
ESMA launches consultation to clarify boundaries of trading venues under MiFID II
The European and Securities Market Authority (ESMA) has launched a consultation on what constitutes a trading venue, and what can be considered a trading...
