Algomi: The two-pronged attack plan
Algomi has an idea almost universally agree to be good, yet it has struggled to get it adopted. It aggregates inventory data pre-trade, in...
Ancoa goes into adminstration
Cinnober Financial Technology has acquired the assets of Ancoa Software, the UK-based market surveillance specialist company, as a going concern. Terms of the deal have...
Bondecosystem and TransFICC partner for bond market connectivity
Outsourced connectivity specialist Bondecosystem has partnered with financial technology provider TransFICC, to deliver a low-latency execution and connectivity service to electronic fixed income venues.
The...
EMMI drops Euribor+ methodology due to low transaction volumes
The European Money Markets Institute (EMMI), a non-profit group established by national banking associations in the European Union, has dropped the Euribor+ methodology, designed to...
Bond issuance standardisation boosted by FMSB
Market participants have published final guidelines that clarify expected behaviour during the new issue process for fixed income bonds in Europe.
A series of measures...
Bloomberg wins over AB and Capital Group with BVAL
AllianceBernstein (AB) and Capital Group have both selected Bloomberg's evaluated pricing service (BVAL) to benchmark and corroborate end-of-day values for US fixed income portfolio...
Fixed income platforms buoyed as all-to-all expands
Fixed income electronic trading platform operators have announced record trading volumes in the first quarter of 2017.
MarketAxess, platform operator for dealer-to-client and all-to-all trading...
Sterling dealers recommend SONIA as alternative to LIBOR
The Bank of England’s Working Group on Sterling Risk-Free Reference Rates – a group of major dealers active in sterling interest rate swap markets – has...
Plan to replace Dodd-Frank formally introduced in House of Representatives
The chairman of the Financial Services Committee in the US House of Representatives, Jeb Hensarling, has formally introduced the Financial CHOICE Act, a proposed...
KazMunayGas lists US$2.75 billion of Eurobonds on LSE
London Stock Exchange (LSE) has seen its largest issuance of corporate bonds from the CIS region since 2014. Kazakh oil and gas company, KazMunayGas,...