RBC Capital Markets launches Aiden Arrival algorithm
RBC Capital Markets has launched Aiden Arrival, the second algorithm on the firm’s artificial intelligence (AI) -based electronic trading platform. Aiden Arrival follows the Aiden...
People’s Bank of China sets out northbound rules for Swap Connect
The People's Bank of China has issued interim measures to standardise the interest rate swap market between the mainland and Hong Kong, protecting investor...
Ediphy Markets launches Ediphy Credit
Ediphy Markets has launched Ediphy Credit, a service to help institutional asset managers access better liquidity in corporate bonds. Ediphy Credit combines data analytics...
Morgan Stanley begins trading listed FX at Eurex
Eurex has reported that Morgan Stanley has entered the listed FX business of the European derivatives exchange. As a major participant in the global...
CME reports record SOFR futures volume and open interest
Market operator and infrastructure provider, CME Group, has reported that a record 396,421 SOFR futures contracts were traded on 18 October 2021, surpassing the...
Bilateral electronic bond trading gains ground with UBS AM and JP Morgan’s FlexTrade connection
FlexTrade Systems, the execution and order management system (EOMS) provider has facilitated a direct electronic execution between UBS Asset Management and JP Morgan in...
UBS Execution Hub hires multiple senior buy-side traders as expansion continues
According to an internal memo, as seen by The DESK, Ian Power has joined UBS Execution Hub as head of UK execution, one of...
What bouncing US credit volumes tell us in June
Looking at corporate bond trading volumes over the past two weeks, data from MarketAxess appeared to show a recovery since levels plummeted in May...
BrokerTec’s March average daily volume for US Treasuries up 11%
Market operator BrokerTec, part of the CME Group, has reported double figure growth in US Treasuries trading volume for March. More broadly, CME reported...
FILS 2021: Overcoming barriers to automation
Implementation costs are among the biggest hurdles for buy-side fixed income desks hoping to increase efficiency workflows.
Addressing delegates at the Fixed Leaders Summit in...