Broadway Technology’s fixed income spin-off raises questions about competitive landscape
The UK’s Competition and Markets Authority (CMA) has agreed the takeover of Broadway Technology by ION Trading Technologies, allowing ION to expand its grip...
The gaps that AI can close in credit markets
Artificial intelligence is being applied to bridge and unite information in bond trading. Liquidity is notoriously gappy in credit markets, and market data naturally...
Amber Wright picks up EMEA sales role at RJ O’Brien
Futures brokerage and clearing firm RJ O’Brien has appointed Amber Wright as head of EMEA sales. She takes on the role in addition to...
ESMA consultation on RTS 2 marks accelerated process
The European Securities and Markets Authority (ESMA) has launched a consultation on the development of draft regulatory technical standards to specify the pre-trade thresholds...
Exclusive: FENICS Invitations closes
Multiple market sources have confirmed that Fenics Invitations has closed.
The execution service, run by interdealer broker BGC Partners, was intended to provide an all-day...
TMPG: US Treasuries supply may strain market makers; Fed guidance a concern
Newly released minutes from the Federal Reserve’s Treasury Market Practices Group, an industry-led advisory body on market structure and trading, has indicated concern about...
FCA rules out wholesale market data action despite higher price drivers
The UK’s Financial Conduct Authority (FCA) has published the findings of its wholesale data market study – ruling out any “significant intervention” on the...
Chart of the week: Attack of the killer BBBs
The lowest tier of investment grade bonds show an interesting opportunity in the new issue space, as observed by analyst firm CreditSights. Relative value...
Electronification nudging firms to single trading platforms FlexTrade says as Amundi opts for FlexTRADER...
Speaking to The DESK, FlexTrade EMEA managing director Andy Mahoney said the trend towards the electronification of fixed income has prompted firms to create...
SSGA launches new bond ETF on Barclays Global Aggregate index
State Street Global Advisors (SSGA) has launched the SPDR Barclays Global Aggregate UCITS exchange traded fund (ETF). The fund is available unhedged on the...
How the effects of war are spreading in Asia
The war in Ukraine outside of Europe is, from a capital markets perspective, driving a ‘risk-off’ attitude across issuers, buy-side and sell-side firms. As...
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...
