Beyond Liquidity: Rebundling Research Will Not Increase Demand for UK SMEs
With the implementation of MiFID II in 2018 came the unbundling of payments for investment research from trading commissions. The perceived benefit of unbundling...
On The Desk: Jim Switzer: On taking control
The AllianceBernstein credit trading desk has been refocused to handle market fragmentation and the withdrawal of dealer liquidity, giving its traders a commanding presence...
Billy Hult to become new Tradeweb CEO
Tradeweb, the rates, credit, equities and money market operator, has announced a number of changes to the board of directors and succession plans for...
Bond pricing battle shutters Nordic funds
Several Nordic fund managers have been shuttering fixed income funds, mainly in the corporate bond space, to allow them to get prices from banks...
Coalition: Sell-side FICC productivity levels rocketed in Q1
Research by analyst firm Coalition has found investment banking revenues reaching a five-year high in the first quarter of 2020, while headcount dropped significantly,...
Oppenheimer builds out distressed debt team with ten new hires
Oppenheimer, an investment bank and wealth manager, has built out its fixed income division with ten distressed debt team hires, as institutional investors seek...
LedgerEdge calls for industry participation in bond platform design
LedgerEdge, a new emerging ecosystem for the exchange of data and assets in the corporate bond market, has said Tim Cook, head of business...
Evidence of trading efficiency from electronification
This week we look at the growth of electronic trading in the US fixed income markets, and the potential it holds to reduce time...
Credit Suisse unveils transformation plan for investment bank as Meissner exits
Credit Suisse has said it intends to take “decisive steps” to restructure its investment bank and focus on areas more closely connected to its...
Liquidnet releases future rolls workflow service
Liquidnet has launched Roll Seeker, a tool to improve workflows associated with the execution of futures rolls.
Roll Seeker will enable the bilateral negotiation of...
Connectivity platforms report FI deals ahead of MiFID II
By Sobia Hamid.
The growth of electronic trading in fixed income is driving connectivity between trading platforms. In 2016, Greenwich Associates estimated electronic trading of...
Bond trading disrupted as ICSDs close to ruble settlement
International central securities depository (ICSD) Euroclear has announced it will no longer settle ruble-denominated transactions from 1 March 2022 until further notice.
The firms reported...
