EXCLUSIVE: abrdn’s automation journey sees no-touch jump
Louise Drummond, global head of investment execution at abrdn, discusses the firm’s path towards workflow automation – an achievement that has been almost a...
MarketAxess to buy algo provider Pragma
Bond market operator, MarketAxess, has entered into a definitive agreement to acquire Pragma, a quantitative trading technology provider specialising in algorithmic and analytical services...
Research: Trading Protocols Survey 2022
In comp vs non-comp trading polarises across electronic and voice.
The DESK’s Trading Protocols Survey 2022 has found a continuing movement of corporate bond trades...
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State Street consolidates client-facing Investment Services under O’Hanley
Louis Maiuri, president, chief operating officer and head of Investment Services at State Street Corporation will retire by early 2024, with Ron O’Hanley, chairman...
Balls calls for UK to adopt a more risk-assertive culture
Ed Balls, former economic secretary to the UK Treasury & shadow chancellor, has called for the UK to adopt a risk-positive culture in order...
JP Morgan sees 20% YoY drop in Q3 fixed income revenue
JP Morgan has seen a significant drop in Q3 trading revenues, with fixed income falling to US$3.67 billion, a drop of 10% against the...
Why buy-side firms are building their own primary market tools
Interoperability is not a competitive issue; clients will build it if platforms do not supply it.
There is not a consensus on who should make the bond...
BGC reportedly shuts Lucera LUMEAlfa; preps FMX for soft launch
According to sources, BGC Partners has shuttered its pre-trade data business, Lucera LUMEAlfa, closing the final chapter on pre-trade data pioneer Algomi, and aligning...
Why traders make better PMs
A new paper published by Gjergji Cici of the University of Kansas, with Philipp Schuster and Franziska Weishaupt, of the University of Stuttgart, has...
Understanding Portfolio Trading
Li Renn Tsai, Head of Products and Sales, Asia, at Tradeweb explains how Portfolio Trading can improve bulk trades of bonds by creating cost savings,...
