Odd-lot bond case alleges pressure on Bloomberg and collusion
In the US Southern District Court of New York, a class-action lawsuit has been brought against a group of banks, alleging that since 1...
SEC: Leech charged with cherry picking trades for WAMCO funds
The SEC has charged Ken Leech with fraud. The bond trader was former co-chief investment officer at Western Asset Management (WAMCO), which holds US$336.1...
Investment Grade trading: A tale of two markets
By John Gallagher, MarketAxess
Last year, the markets were a one-way trade. Aggressive rate increases leading to horrible returns. Sell everything! And ask questions later......
US Fixed Income Leaders Summit delayed
The Fixed Income Leaders Summit in Nashville which had been planned to take place in June 2020, has been postponed in light of the...
Sterling expands to cover fixed income securities
Order management, risk and margin technology provider Sterling Trading Tech will support fixed income securities by the end of Q2 2024, it has announced.
This...
Bosworth Monck joins Aeon Investments advisory board
Credit-focused investment manager Aeon Investments has appointed Bosworth Monck to its advisory board.
Monck has more than three decades of industry experience, most recently spending...
Market reflects grim situation in Ukraine
The invasion of Ukraine on 24 February 2022 by Russia, wedded to subsequent sanctions and travel restrictions have triggered a series of market responses...
ESMA relaxes best ex reporting
The European Securities and Markets Authority (ESMA) has pushed back reporting of best execution by execution venues and trading firms, which are regulatory requirements...
Raiffeisen Bank International executes first non-standard interest rate swaps
AxeTrading has extended its fixed income products’ offering to support non-standard interest rate swaps which is being used by its client, Raiffeisen Bank International...
Seth Merrin stands down
Seth Merrin is to stand down as chief executive of Liquidnet, the US broker he founded almost 20 years ago. He will remain as...
7 Chord on Geopolitical Risk in Bond Prices
7 Chord promises to change the way AI pricing reacts and adapts to sudden geopolitical events and their aftermath.
The DESK spoke with Kristina Fan, CEO of 7 Chord,...
Primary ignition – at both ends
Politics are being sidelined in the battle for efficiency in primary markets for buyers and for issuers
The top operational priority for buy-side traders in...
