Negotiations begin on MiFIR/MiFID final review and consolidated tape
EU member states’ representatives have today agreed a mandate for negotiations with the European Parliament on the proposed regulation reviewing the Markets in Financial Instruments...
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...
Exclusive: David Nicol leaves LedgerEdge; Rutter steps forward in interim
David Nicol, co-founder of LedgerEdge, a distributed ledger-based fixed income trading venue, has left his position as CEO. Ian Chicken, chief operating officer at...
Substantially higher US investment grade stress going into 2023
The Federal Reserve Bank of New York’s Corporate Bond Market Distress Index (CMDI) is closing 2022 with investment grade US bond markets twice as distressed as...
Reviewing 2022: European credit trading costs have doubled
There have been an enormous number of factors shaking up bond trading this year. From fixed income fundamentals like rapidly rising interest rates from...
Tradition takes over BondsPro as MTS leaves US market
MTS, the European bond trading platform majority-owned by Euronext, has completed the sale of its US subsidiary MTS Markets International to Tradition America Holdings,...
Tradeweb’s annual client letter – in full
The annual letter to clients from Tradeweb’s CEO and chair, Lee Olesky, and president and CEO-elect, Billy Hult, has been published, noting the tough...
SEC – controversially – moves to standardise best execution rules for broker-dealers
The Securities and Exchange Commission (SEC) is proposing new rules under the Securities Exchange Act of 1934 relating to a broker-dealer’s duty of best...
Cboe Australia, XTB expand access to corporate bond products
Cboe Australia has added XTB’s exchange-traded corporate bond products (XTBs) to the Cboe Funds platform.
In partnership with XTB, Cboe Australia has launched a series...
RIAs select IMTC as partner for growth in fixed income account management
IMTC, the provider of fixed income investment management technology, has signed Davenport & Company and F.L.Putnam Investment Management to use IMTC as their portfolio...