CFTC proposes changes to swaps reporting
The Commodity Futures Trading Commission (CFTC) has put forward two proposals, the first to amend certain rules regarding the reporting and information regulations applicable...
The Book: Global DCM deal values drop year-on-year
Global debt capital markets (DCM) deal values have dropped year-on-year over 2025 so far, falling below the five-year average, according to Dealogic data.
The US$3.1...
First T+0 beta version goes live
BSE and its clearing business Indian Clearing Corporation Limited (ICCL) have launched a beta version of T+0 settlement, with 25 securities currently available for...
FICC revenues climb as US banks capitalise on volatility
Wall Street banks posted US$18.8 billion in fixed-income trading revenues in Q2, driven by their activity in macro products, particularly rates and currencies. JP...
Tabb Group event: Concern regarding Reg ATS expansion
On 9 March the Tabb Group’s ‘Fixed Income Trading and Best Execution Summit’ heard that the Securities and Exchange Commission (SEC) concept release around...
Flow Traders joins MarketAxess as named CP across US HY and Euro IG and...
Flow Traders has committed to become a name-disclosed liquidity provider in US high yield corporate bonds, Euro-denominated investment grade and high yield bonds and...
CTP authorisation duration remains unknown
While the CTP selection process is keeping to ESMA’s intended timeline, there is still uncertainty around when the tape will be implemented.
Once a provider...
Ex-MTS exec joins Propellant Digital
Propellant Digital has named Caroline Wohleber as a senior within the Continental Europe sales team.
In the Paris-based role, Wohleber is responsible for client acquisition...
AFM: No technical barriers for the implementation of a consolidated tape for fixed income
The Dutch Authority for the Financial Markets (AFM) sees no technical barriers for the implementation of a consolidated tape (CT) for fixed income. In...
Analysing the split between US and EU investment grade trade sizes
Recent reports that high yield (HY) trades are increasing in size and investment grade (IG) are shrinking, have ignored the year-on-year growth of European...
Credit trading desks seeing job cuts & hiring freezes, adding to operational pressure
Reports of reduction in headcount on buy-side trading desks at BlackRock, Nuveen and Wellington with cuts also reported at investment banks, are demonstrating the...
APAC trading recovery is far from even
The recovery from last year’s market sell-off and the ongoing Covid-19 pandemic appears to have been marked in many regions, with volumes for both...
