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...
European Commission pushes consolidated tape for primary and secondary bond market
The European Commission (EC) has set out a wide ranging process to “stimulate the openness, strength and resilience of the EU's economic and financial...
The credit futures market
By Andreas McGrath, Fixed Income ETF Trader, Susquehanna International Group
How did Susquehanna become involved in this market?
When Eurex first approached Susquehanna in 2021...
Cboe IBHY Futures set volume and notional value records
Market operator and trading solutions provider, Cboe Global Markets, reports trading in Cboe iBoxx iShares $ High Yield Corporate Bond Index (IBHY) futures set...
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Alternative Reference Rates - The European Perspective.
As the market transitions to new benchmarks, the question of how participants can best manage risk remains crucial.
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Electronification nudging firms to single trading platforms FlexTrade says as Amundi opts for FlexTRADER...
Speaking to The DESK, FlexTrade EMEA managing director Andy Mahoney said the trend towards the electronification of fixed income has prompted firms to create...
Raj Paranandi resigns from MarketAxess
European and APAC chief operating officer Raj Paranandi is leaving MarketAxess for an external role, the company has confirmed.
Paranandi has been in the role...
LSEG names Charlie Walker London Stock Exchange deputy CEO
The London Stock Exchange Group (LSEG) has named Charlie Walker as deputy CEO of the London Stock Exchange (LSE).
Walker, who will also join the...
European bid-ask credit spreads not assuaged by tariff roll back
Liquidity costs in European corporate bond trading remain elevated, after the tariff shock in early April saw bid-ask spreads widen significantly across markets, according...
InvestCloud names new CIO
InvestCloud, a global wealth management software provider, has named James Young its new chief information officer (CIO).
Young will be responsible for the company’s technology...
Bridgewise concludes series A funding
AI-based global securities analysis platform Bridgewise has raised US $21 million in series A funding, bringing its total raised capital to US $35 million.
The...
Vela hooks up with Fenics UST to support low-touch trading
Execution technology supplier, Vela, has added Fenics US Treasuries (Fenics UST), the electronic Treasury trading platform owned and operated by BGC Financial, to its...
