Bond pricing battle shutters Nordic funds
Several Nordic fund managers have been shuttering fixed income funds, mainly in the corporate bond space, to allow them to get prices from banks for their holdings, as ...
Bond traders report screen prices are off by 10%
Several buy-side fixed income traders have confirmed that electronic prices are currently around 10% off the price that bonds are actually trading at, creating problems ...
Fixed income ETFs struggling with liquidity crisis
Fixed income exchange traded funds (ETFs) are reportedly struggling in the current liquidity crisis, while their market makers are trying hard to get delta neutral.
“There is no liquidity”: Bond traders report market conditions never seen before
Buy-side bond traders are facing a considerable challenge in matching their investor’s demand for fixed income assets as equity markets plummet. Volumes are up, but that ...
ICMA: Fully-automatic credit trading has grown; block liquidity has reduced
The International Capital Markets Association has found 44% of buy-side trading desks have increased their use of rules-based, fully automated electronic execution ...
Bond issuance platform eppf signs deal with DZ Bank
European bond issuance platform, european primary placement facility (eppf), has signed a new cooperation agreement with DZ Bank. eppf’s bond issuance platform will now ...
Fixed income up as investment bank revenues and headcount drop
Fixed income, currencies and commodities (FICC) revenues were up 3% year-on-year for investment banks in 2019, halting a two-year slide, according to the latest research ...
Trumid partners with Barclays
Bond market operator, Trumid Financial, has established a strategic partnership with Barclays. Barclays will join Trumid’s Trading Advisory Committee to collaborate on ...
Market reports: Algomi to be acquired
Market reports are that pre-trade data provider Algomi will be bought by interdealer broker BGC. Stu Taylor, formerly the CEO of Algomi, joined BGC as global head of ...
Reviews of MiFID II transparency raise concerns
The European Securities and Markets Authority (ESMA) launched consultations on 3 February 2020 for the regime for non-equity instrument systematic internalisers (SIs), ...
Bond trading boosts BNP Paribas’s FICC revenues
BNP Paribas’s investment bank delivered double digit revenue growth in 2019, with revenues for Fixed Income Currencies and Commodities (FICC) up by over 30%. The ...
Trumid announces record platform activity in January
Bond market operator, Trumid, has reported a record month of activity in January 2020 on Trumid Market Center, the company’s electronic bond trading platform. Market ...
AxeTrading links with Börse Stuttgart, Bond Port and adds Overbond pricing tool
Börse Stuttgart is to resume business in €-corporate bonds with its long-standing partner Raiffeisen Bank International AG (RBI), via the AxeTrading platform.
Chappell lands new trading role for 2020
Brett Chappell, the former head of fixed income trading at Nordea Investment Management, is joining Mariana UFP, a global financial services business in London with ...
ING spins out AI bond tool for commercial buy-side use
ING has spun out Katana, its artificial intelligence (AI) platform for bond pricing, into a London-based standalone company called Katana Labs. ING Ventures will invest ...
