Analyst firm Aité in merger to form Aite-Novarica Group
Analyst firms Aité Group and Novarica have merged to create the an advisory firm focused on helping executives from banks, payments providers, insurers, securities...
ANZ finds no evidence of market manipulation in preliminary analysis
Investigations into ANZ’s Australian Markets business are ongoing, with preliminary analysis by the organisation finding no evidence of market manipulation.
The Australian Securities and Investments...
Greenwich: Nearly half of bond trading desk budgets now spent on technology
New research by Coalition Greenwich has found that the proportion of budget for fixed income trading desks spent on technology grew to 46% in...
CME Group SOFR futures hit new volume and open interest records
CME Group’s SOFR futures reached a record average daily volume (ADV) of 5.4 million contracts in September and an open interest record of 13,159,646...
Viewpoint: MarketAxess to increase automation with Adaptive Auto-X
MarketAxess is aiming to initially launch Adaptive Auto-X in the first half of this year to provide clients with algorithmic workflows and allow them...
Europe IG credit trade size collapsed and has not recovered
Corporate bond traders has seen the average trade size reducing in Europe across both investment grade and high yield, suggesting that block trading is...
Broadway Technology named infrastructure service provider for Cboe’s US Treasuries platform
Market operator Cboe Global Markets has selected Broadway Technology as an infrastructure service provider (ISP) for its new US Treasuries trading platform.
Broadway provides...
Symphony names Levy CEO
Capital market communication firm Symphony has announced that David Gurlé will step down on 31 May 2021 and has appointed Brad Levy, current president...
Market sources: Project Amber has shut down
Multiple sources have confirmed that the withdrawal of major banks from Project Amber has shut it down. Three banks had reportedly left before the...
Breaking blocks
Electronic trading is certainly on a growth spurt – Coalition Greenwich reports e-trading was 46% volume across all assets in 2021 – but this...
Is there value in fixed income TCA?
New research published by investment bank Barclays has suggested there is a limited use of transaction cost analysis (TCA) tools for purposes beyond regulatory...
Investment in derivatives post-trade set to soar
A new study by analyst firm, Acuiti, released in a whitepaper entitled The Growing Need to Invest in Derivatives Post-Trade, sponsored by Broadridge Financial...
