Sherpa Edge goes live
Outsourced trading provider, Sherpa Edge Trading, has gone live with Reception and Transmission of Order (RTO) services out of its offices in Copenhagen, Denmark.
The...
SEC – controversially – moves to standardise best execution rules for broker-dealers
The Securities and Exchange Commission (SEC) is proposing new rules under the Securities Exchange Act of 1934 relating to a broker-dealer’s duty of best...
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...
Bond-trading broker-dealer charged for allegedly bankrupting firm
The Securities and Exchange Commission (SEC) has charged Keith Wakefield, a former managing director and head of fixed income trading at IFS Securities, an...
Regulation Brings TradFi and DeFi Worlds Together
The European Union passed a legal framework for crypto-assets in the region in April this year, covering markets that are not regulated by existing...
CME: Rising open interest in credit futures signals confidence in corporates
CME Group has seen a rapid rise in Open Interest (OI) for Bloomberg Credit Futures.
In the past two months, the number of these futures...
Tradeweb announces JSCC clearing for MTF and SEF Yen swaps
Multi-asset market operator, Tradeweb has reported that institutional clients executing Japanese Yen swaps on its multilateral trading facilities (MTFs) and swap execution facilities (SEFs)...
Technology: The competitive edge for a fixed income OMS
To better support alpha generation buy-side firms need to overcome any inertia created by legacy front office technology, writes Lynn Strongin Dodds.
Cost has always...
FIX and ICMA collaborate on axe quality improvement initiative
The FIX Fixed Income Axe Standards Working Group is leading an initiative to improve the quality of axes in bond trading, in partnership with...
Traders adopt automated workflows as eTrading expands from swaps into credit
In March TransFICC launched its eTrading service for interest rate swap (IRS) trading. We speak with Steve Toland, co-founder of TransFICC, about client adoption,...
ICE issues US Dollar LIBOR cessation update
Intercontinental Exchange’s (ICE) Benchmark Administration (IBA), the authorised and regulated administrator of LIBOR, has provided an update on the cessation of US dollar LIBOR.
In...
Gravis picks up Bloomberg AIM for front-office management
UK-based asset manager Gravis Capital Management has partnered with Bloomberg to support its future growth plans.
Bloomberg AIM, an order and investment management technology solution,...
