MARKET NEWS
Ben Wheeler joins RLAM's fixed income team
Ben Wheeler has joined Royal London Asset Management (RLAM) as a fixed income trader.
BofA: ‘Universal gloom’ in fund manager survey
The latest fund manager survey by BofA has found that a net 92% of survey participants expect a recession in Europe over the next twelve months up from 75% last month, ...
SEC proposes new central clearing rules for US Treasury market
US market regulator, the Securities and Exchange Commission (SEC) has proposed rule changes to enhance risk management practices for central counterparties in the US ...
SS&C connects with Trumid to expand access to corporate bond liquidity
Order management system (OMS) provider SS&C Technologies has connected with bond market operator Trumid, so its clients can trade US and emerging market (EM) ...
Liquidnet signs up to the Sustainable Trading initiative
Market operator Liquidnet, part of the TP ICAP Group, has joined a member of Sustainable Trading, a non-profit membership network dedicated to supporting environmental, ...
Fitz Partners: Fund revenue margins drop 10% in 3 years, multi-asset offers hope
In the latest edition of its ‘Investment Advisory Fee Benchmarking Report’, fund research company Fitz Partners has looked at the different costs which make up fund ...
MarketAxess reports record August volumes
Bond-market operator MarketAxess has reported having its strongest ever August monthly trading volumes, with US$30.6 billion in total trading average daily volume (ADV), ...
Eurex launches the first futures on a Euro High Yield Index
From 17 October 2022, Eurex will offer market participants the opportunity to hedge the Euro-denominated high-yield corporate bond market in Europe. This segment has ...
Tradeweb see US credit volumes jump while European credit falls
Market operator Tradeweb has reported overall trading volumes of USUS$23.4 trillion in August 2022, with average daily volume (ADV) for the month across assets at ...
CME Group proposes date for fallbacks conversion of Eurodollar futures and options contracts
Market operator CME Group is proposing to convert Eurodollar futures and options open interest into corresponding secured overnight financing rate (SOFR) contracts on 14 ...
Exclusive: Kirstie MacGillivray named UK CEO of Aegon AM
Kirstie MacGillivray, CEO of Aegon Asset Management.
Risk appetite increasing as investor confidence rises 5.1 Points in August
State Street Global Markets has released the results of the State Street Investor Confidence Index (ICI) for August 2022. The Global Investor Confidence Index increased ...
Santiago Braje joins PGGM
Industry veteran Santiago Braje has joined PGGM as senior investment manager, focusing on emerging markets debt.
Overbond partners with TMX Group in Canadian dollar-denominated bonds
Overbond, a provider of AI analytics and trade automation solutions for fixed income markets, has partnered with market operator TMX Group, to integrate the Canadian ...
The European Women in Finance Awards: Nominations close on 2 September 2022
Celebrate the success of the foremost female financiers at The European Women in Finance Awards 2022, to be held on Thursday 13th October 2022 at the Four Seasons Hotel, ...
Pragma launches new algorithmic management system
Pragma, the multi-asset execution technology provider, has released a new generation of Panorama, the firm’s algorithmic management system (AMS).
BlackRock launches first BuyWrite fixed income ETFs
BlackRock launched a first-of-its-kind suite of fixed income ETFs that provide access to buy-write investment strategies on baskets of fixed income securities: the ...
FEATURES
Technology: The real reason you cannot get a new trading system
Lynn Strongin Dodds investigates the barriers to adopting new technology. Technological advances may be developing at breakneck speed but many of the barriers of ...
Data: Are you part of the data disenfranchised?
Where some firms advocate ‘democratising’ data others struggle to capture, process or access data which is crucial to supporting the business. Creating access to data, ...
Trading: Regulatory overreach onto the trading desk
Complaints about regulators expanding rules for equity markets into fixed income are rising on both sides of the Atlantic. The Securities and Exchange Commission (SEC) ...
Research: Fixed Income TCA Survey 2022
Better integration into trading workflow The DESK’s execution research survey into fixed income TCA 2022. Our research took in 40 major asset management firms’ use of, ...
Better numbers: How desks can improve their data skills
As data use becomes more prevalent, trading desks need to introduce new skills on the desk either through training or new team members. Twenty years ago, some banks ...
The big shocks hitting portfolios in 2022
Portfolio managers have some very large events to consider, along with many more nuanced side-effects. At the beginning of the year, rising inflation and interest rates ...
The Trading Intentions Survey 2022
New platforms and late bloomers are all seeing greater interest. This year buy-side desks have a renewed vigour for investing in trading tools, with far higher ...
What traders need to know about inflation and volatility
Significant rises in inflation have not been seen within the careers of many traders – this is what they need to know. As inflation increases, measured against the ...
On The DESK: Tobi Molko, Bridgewater Associates
Talent acquisition, automation and the protection of trade data in the year ahead are key priorities for Tobi Molko, head of trading execution at Bridgewater Associates. ...
Keeping the doors open
Erika Bianco, Senior Marketing & Communications Manager, EMEA & APAC at MarketAxess and Camille McKelvey, Head of Post Trade STP Business Development at ...
Volatility, velocity and variability
Brad Levy, CEO, Symphony. Brad Levy, chief executive of Symphony, is positioning the company to help the financial industry navigate a ‘supercycle’ of change driven by ...
Restricting access to derivatives
In 2022 regulation and market activity may see greater adoption of derivatives, but traders need to be cognisant of their limitations. Dan Barnes reports. Derivatives, ...
Women in finance: A fresh start
Roxane Sanguinetti, head of strategy at GHCO talks to Lynn Strongin Dodds about fintechs, ETFs and culture Working at a start-up can be an adventurous move in a career ...
Will the EC ban electronic bilateral bond trading?
The broadening definition of ‘multilateral’ is at risk of capturing all trading if traders do not speak out. The European Securities and Markets Authority (ESMA) is to ...
On the Desk: Malin Norberg on buy-side trading with a P&L
Norges Bank Investment Management’s almost unique position, managing a fund with a single owner, allows it a very innovative way of trading into the market. What is the ...
Research: Volatility has changed trading protocol choices in 2021
Buy-side trading desks have used markedly different proportions of trading protocols between passive and active portfolios this year compared to 2020. The DESK’s Trading ...
Data: A blank tape
Europe’s consolidated tape proposal is a start, but many details still need to be filled in for its value to be assessed. Lynn Strongin Dodds reports. A consolidated ...
The advantages of derivatives trading
There can be valuable benefits to using derivatives as part of a portfolio. Bringing derivatives into a fund’s mandate requires client appetite, portfolio management and ...
INDUSTRY VIEWPOINTS
PROFILES
RESEARCH
Research: Fixed Income TCA Survey 2022
Better integration into trading workflow The DESK’s execution research survey into fixed income TCA 2022. Our research took in 40 major asset management firms’ use of, ...
Research: Volatility has changed trading protocol choices in 2021
Buy-side trading desks have used markedly different proportions of trading protocols between passive and active portfolios this year compared to 2020. The DESK’s Trading ...
The DESK’s Trading Intentions Survey 2021 : MarketAxess
Consistently rated as the most effective platform for finding liquidity in the corporate bond market, MarketAxess has frequently been ahead of the market in terms of its ...
