LCH Group to assume full ownership of LCH SA from Euronext
Euronext is to sell its 11.1% stake in LCH SA, the French subsidiary of LCH Group, for €111 million, to majority stake holder LCH...
Federated Hermes trades “less than 5%” on e-trading platforms
The chief investment officer (CIO) of asset manager Federated Hermes investments (FHI), which has US$758 billion in assets under management, has said the firm...
Charles River and LedgerEdge collaborate on DLT-enabled credit liquidity and trading services
Charles River Development, a State Street Company, is collaborating with distributed ledger bond market specialist LedgerEdge, to provide investment firms with access to corporate...
The DESK: Systematic trading
The DESK discusses effective systematic trading, the benefits to end investors, and the skills needed to create and run systematic workflows with Chris Minck,...
Tradeweb’s October volumes reflect turbulence in European and US markets
Tradeweb, the market operator across rates, credit, equities and money markets, has reported an average daily volume (ADV) for the month of US$1.05 trillion,...
Buy-side support for FSB on CCP resolution
US buy-side trade body the Investment Companies Institute (ICI) says it supports the Financial Stability Board’s (FSB’s) guidance on central counterparty (CCP) resolution.
CCPs became...
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...
The Book: France issues first digitally native note
Caisse des Dépôts et Consignations (CDC) has issued France’s first digital native note as part of European Central Bank trials to settle wholesale transitions...
FILS 2021: Lessons in better execution post-crisis
With economic upheaval ahead, potentially stemming from a supply crisis in many sectors, getting better execution for even in difficult markets will be key.
Big...
What’s all the fuss about… the US Treasury market?
Who is kicking up a fuss about US government bonds?
A new paper published by Darrell Duffie for the Jackson Hole Symposium entitled ‘Resilience redux...
Wellington: Internal crossing could have saved US$10-15 million
The Securities and Exchange Commission (SEC) sub-committee the Fixed Income Market Structure Advisory Committee (FIMSAC), has unanimously passed a proposal to support internal crossing...
One desk for multi-asset low-touch trading
If a single desk can trade all liquid instruments for an asset manager, it could see significant cost and process efficiencies. Lynn Strongin Dodds...