FICC sponsored services use rises as central clearing looms
DTCC’s Fixed Income Clearing Corporation’s (FICC) Sponsored Service volumes reached US$2 trillion in 2024, up 83% year-on-year.
As firms prepare for new requirements around US...
Roster of finance heavyweights welcomes Claude Finance with acclaim
Anthropic announced Claude Finance on 15 July, describing it as a version of its large‑language‑model platform tailored for finance‑sector research, modeling and compliance work.
Aaron Linsky,...
Government & municipal bonds : Electro muni : Chris Hall
GLOBAL WINDS OF CHANGE FUEL MUNICIPAL BOND AUTOMATION.
International interest is pushing the municipal bond market towards greater electronification and transparency. Chris Hall reports.
A new...
Fear of job loss harming traders’ mental health
Exchanges are calling for 24-hour trading. Firms are working with less resources. Markets are increasingly complex. And traders are worried about job loss.
In the...
Neil Kleinman to head up debt capital markets at Joseph Gunnar
Emerging growth markets-focused broker-dealer and investment bank, Joseph Gunnar & Co (JGUN), has appointed Neil Kleinman as head of debt capital markets.
Kleinman will...
First trade of a fractionalised blockchain-based bond announced
Northern Trust and Singapore start-up BondEvalue, which formed a strategic partnership last November, announced the completion of the first trade of a fractionalised blockchain-based...
Surprise at inaccurate US election poll predictions has increased volatility
With a victory for either side being far from clear in the US election, investment commentators have warned of sustained volatility across asset classes....
Signalling risk in credit, if one counterparty is 50% volume
How do you avoid information leakage? Does this change if half the market is trading with a single counterparty? Knowing that electronic market maker,...
Top tips from TradeTech: Connect debt, derivatives and equity trading
Buy-side traders have observed that close ties in the trading team based on the targets on an investment – be that corporate or government...
Rules & Ratings: Understanding gaps between credit risk data and credit ratings
While credit ratings underline investor confidence and evaluation of debt products, credit risk data can potentially offer a more nuanced source of information for...
Lacklustre trading at Barclays and HSBC in Q4 2024
Barclays and HSBC both saw relatively subdued fixed income, currencies, and commodities (FICC) trading results in Q4 2024 compared to peers like BNP Paribas.
Barclays...
Retreat in credit market primary activity in January 2025, Munis a bright spot
In January 2025, Debt Capital Markets (DCM) for credit issuance retreated in the US and in Europe while primary activity for municipal bonds (Munis)...
