HSBC splits
An organisational switch-up at HSBC, effective 2025, sees the bank prioritise its Hong Kong and UK operations with dedicated business lines.
HSBC Holdings will operate...
H1 growth at LSEG buoyed by Tradeweb success
LSEG once again led their capital markets results with Tradeweb’s successes in H1 2024. Total revenue of £880 million, up 13.4% year-on-year (YoY), was...
Flextrade deployed at Mirae Asset Securities US operations
Mirae Asset Securities (USA) has selected FlexTrade Systems’ ColorPalette Order and Execution Management System (OEMS). The move is designed to support the firm’s overnight...
Rules & Ratings: Big Beautiful Bill highlights US credit cracks
Fitch Ratings has adjusted a quarter of its US sector outlooks for 2025 to ‘deteriorating’.
The agency cited slowing growth, increasing uncertainty and the expectation...
New issuance drives up secondary selling
News that high yield (HY) issuance has fallen in Europe may be of little consolation to investment grade investors, as new data from MarketAxess...
OTCX registers as MTF as UK trading venue perimeter rules begin
Derivatives trading venue OTCX has been registered as a multilateral trading facility (MTF) in the UK, in the week that the UK’s Financial Conduct...
Bondtape releases CT prototypes
Consolidated tape provider (CTP)-hopeful Bondtape has launched live prototypes for its EU and UK tapes.
Vincent Grandjean, founder and CEO of Propellant Digital, told The...
FILS USA: Policy, predictions and reasons for optimism
While outlooks are often gloomy, speakers at this year’s Fixed Income Leaders Summit were optimistic about the future of the industry. That said, the...
BNY and Goldman Sachs launch tokenised money market fund shares
The Bank of New York Mellon Corporation and Goldman Sachs have announced a collaborative initiative in which BNY is expected to use blockchain technology...
Bloomberg research: Automated trading boosts both productivity and performance
Automated trading solutions have gone from being a tough sell to a requisite as firms seek to improve productivity.
However, the impact on performance...
List trading goes live on MTS BondsPro all-to-all order book
MTS Markets , part of London Stock Exchange Group (LSEG), has added list trading functionality to its MTS BondsPro corporate bond trading platform, enabling...
EWIFA Winners: Team players
Bloomberg’s Paula Fry, Global Head of Fixed Income and FX Trading Liquidity and winner of Excellence in Leadership, with Katharine Furber, Global Head of...
