Bid-ask spread betting in credit
Betting how bid-ask spreads will move this year has been made more challenging by a dislocation between the mean average and the median bid-ask...
Why Europe’s electronic credit trading is accelerating
The level of electronic trading in European corporate bond markets has overtaken the US, according to analysis from firms including Propellant and Coalition Greenwich....
Orderly sell-off despite Bund bid-ask spread blow out
Borrowing costs for the German government spiked after an announcement of increased expenditure for its military, triggering a sell-off in German government bonds (bunds)...
Mandatory central clearing pushed back at SEC
The SEC has pushed back compulsory central clearing for US Treasuries by a year, stating the further attention to operational changes needed before the...
Government & municipal bonds | Investor paradox | Dan Barnes
SWIMMING WITH GOVERNMENTS.
Government agencies are issuers, rival investors, market regulators and controllers of interest rates; how do asset managers handle them? Dan Barnes writes.
Central...
ICMA responds to digital securities sandbox proposals
The International Capital Market Association (ICMA) has suggested a number of amendments to the FCA and Bank of England’s proposal to implement and operate...
Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
Citigroup Global Markets hit with $2.9m SEC underwriting expenses recordkeeping penalty
Citigroup Global Markets (CGMI) has settled a US$2.9 million penalty with the US Securities and Exchange Commission (SEC) for underwriting expenses recordkeeping violations.
The SEC...
Control is the best defence
By Chris Roberts | 29 May 2024
With a growing level of scrutiny coming from European Regulatory bodies about the quality of data reporting, firms...
Bond Origination Technologies set to launch early 2021
Bond Origination Technologies (Bots), a London-based financial technology start-up for the primary debt capital markets (DCM), has completed its latest fundraising round, formed its...
APG selects FlexTrade for multi-asset execution
APG Asset Management (APG) has selected FlexTrade’s execution management platform, FlexTRADER EMS, to consolidate and streamline its multi-asset execution management capabilities.
APG, headquartered in the...
On The Desk: Paul Squires: On calm and the storm
AXA Investment Managers’ global head of trading & securities financing displays a steady hand as his trading function begins servicing new investment models while...
