Bloomberg onboarded over 100 buy-side firms remotely during the pandemic
Bloomberg has reported that more than 100 clients globally implemented its buy-side solutions over the past year, between March 2020 and 2021. During the...
Virtu launches liquidity scoring tool for fixed income
Electronic liquidity and technology provider, Virtu Financial, has expanded its multi-asset transaction cost model offering with the launch of Fixed Income Agency Cost Estimator...
Intercontinental Exchange agrees to acquire TMC Bonds
Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, announced on 29th May that it...
Coding error triggers US$7 million fine for Citadel
The Securities and Exchange Commission has settled charges against broker-dealer Citadel Securities for violating a provision of Regulation SHO, the regulatory framework designed to...
Ferber says ESMA ‘too powerful’ in new EC consolidated tape plan
The European Commission has today adopted a package of measures designed to improve the ability of companies to raise capital across the European Union...
Balls calls for UK to adopt a more risk-assertive culture
Ed Balls, former economic secretary to the UK Treasury & shadow chancellor, has called for the UK to adopt a risk-positive culture in order...
Schroders’ former head traders return to senior roles
Rob McGrath, former global head of trading at Schroders, and Nick Robinson, former head of trading for Fixed Income and Active FX at Schroders,...
Are European exchanges allowed to rival size of US markets?
The European Commission (EC) has opened an in-depth investigation into the proposed acquisition of Refinitiv by the London Stock Exchange Group (LSEG) under the...
Coalition Greenwich: Opportunity to electronify block bond trades is huge
Analyst firm, Coalition Greenwich, has found that block trades in the US bond market, defined as trades in investment grade (IG) with a notional...
Investor Demand: US tariff uncertainty prompts caution in Europe
There is great uncertainty around the severity of tariffs that will be introduced by the US this week, with UBS reporting client baseline expectations...
OpenYield Trading prints first trade
Broker-dealer and alternative trading system OpenYield Trading has launched, printing its first trade.
OpenYield is designed to make access to the bond market easier and...
CUSIP issuance up YoY, but March decline signals concern
Year-to-date CUSIP issuance, which is indicative of new debt securities being issued, has increased year-to-date against 2024 figures, according to CUSIP Global Services (CGS).
Its latest...
