Tradeweb launches AI pricing service for munis
Market operator Tradeweb has launched a new service, Tradeweb Ai-Price, which uses machine learning and proprietary data science to calculate daily prices for municipal...
Henriques poached by HilltopSecurities
HilltopSecurities has named Drew Henriques co-head of High Yield Municipal Trading, having poached him from Citi. He had been a high yield municipal trader...
Fusan Exchange issues tokenised sukuk backed by sovereign-linked instrument
Fusang Exchange, a digital stock exchange operator regulated and supervised by the Labuan Financial Services Authority in Malaysia, has tokenised and listed a digital...
Tradeweb shares execution workflows through Coremont
Tradeweb has partnered with cloud-based portfolio management software and analytics platform Coremont, providing execution services through its portfolio management platform.
The partnership is in line...
Tariff tantrum: Bond investors sit on hands while market makers are busy
Sell side trading desks have reported elevated levels of activity today following the US threat to impose tariffs of 25% on Canadian and Mexican...
OpenDoor nets US$10 million in continuing push for growth
By Flora McFarlane.
New Jersey-based startup trading platform OpenDoor Securities has completed a third US$10 million investment round, which will facilitate new front office hires...
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,...
Fear that ‘diversity washing’ could limit progress
Mark Wade, head of credit research at Allianz Global Investors, has accused the financial services industry of ‘diversity washing’, during a debate about inclusivity...
Pre-Trade data strategy: Optimizing protocol selection in European Credit
By Chris Egan & Aria Pattinson-Spiers: A decision that clients often face is which trading route to take—a high touch or low touch approach....
Greenwich Associates: Fixed-income future shaky for dealers
By Flora McFarlane.
Analyst firm Greenwich Associate’s report on investment banks trading European fixed income, has indicated that the first half of 2017’s buoyancy on...
Trading: How to find liquidity in a drought
When market makers offer no bids for corporate bond trades, buy-side traders need to get creative.
Dealers are the main source of liquidity in the...
SEC fines BMO Capital Markets US$40m over misleading bond marketing
BMO capital markets corp. has agreed to pay more than US$40 million to settle securities and exchange commission charges over misleading marketing practices in...
