Internal crossing for US bond trading needs ‘principles-based’ approach
Buy-side firms have roundly supported Securities and Exchange Commission (SEC) proposals to allow internal crossing of fixed income trades in the US market, however...
AXA IM confirms it is offering outsourced trading
AXA Investment Managers has confirmed it has begun to offer outsourced trading to smaller firms.
“Due to the squeezing of margins and the need for...
Octaura integrates list and RFQ into loan trading platform
Octaura has integrated list and request for quote (RFQ) protocols on its existing syndicated loan trading platform, in an effort to offer clients faster...
Tradeweb executes first electronic SONIA swaps vs Gilt futures
Fixed income market operator Tradeweb has facilitated its first electronic execution of SONIA swaps against Gilt futures for institutional investors. The electronic transaction was...
Outsourced trading consolidates further with State Street’s new acquisition
State Street Corporation has entered into a definitive agreement to acquire CF Global Trading, a global firm specialising in outsourced trading on an agency...
ICE bolsters fixed income offering as Virtu offloads BondPoint
By Flora McFarlane.
BondPoint, the electronic fixed income securities trading platform, has become the latest addition to Intercontinental Exchange’s fixed income offering.
With the US$400 million...
BGC CEO to divest ownership if appointed US Secretary of Commerce
Howard Lutnick, CEO of interdealer broker, infrastructure and data provider, BGC Group, has said he would leave the business entirely if he is appointed...
Greenwich: RFQ cuts convertible bond spreads in half
New research by analyst firm Greenwich Associates has found that the request for quote (RFQ) protocol is cutting the spreads made by the most...
Industry viewpoint : Regulation & data : MTS
Securities Financing Transactions Regulation (SFTR)
Q&A with Tom Harry, Regulatory Specialist, MTS
How well prepared are institutions for the impending requirements of SFTR?
Most repo market participants...
Reform of TRACE reporting urged as portfolio trading rises
Portfolio trading, in which baskets of securities are exchanged with bank in single deals, has been growing in popularity as it gives certainty over...
