AxeTrading receives €2 million investment from Illuminate Financial
AxeTrading, a provider of fixed income trading technology, has announced a strategic investment of €2 million from Illuminate Financial Management, a venture capital ...
PBoC & HKMA: No investment quota for northbound Bond Connect trade
The People’s Bank of China (PBoC) and the Hong Kong Monetary Authority (HKMA) have given their approval to the local market infrastructure providers to collaborate in ...
Granit Funds hires Erlandsson as head of fixed income from AP4
Granit Funds has recruited Ulf Erlandsson as its head of fixed income starting in August. He comes from the Fourth Swedish National Pension Fund (AP4) where he had the ...
Algomi: The two-pronged attack plan
Algomi has an idea almost universally agree to be good, yet it has struggled to get it adopted. It aggregates inventory data pre-trade, in order to overcome rising cost ...
Ancoa goes into adminstration
Cinnober Financial Technology has acquired the assets of Ancoa Software, the UK-based market surveillance specialist company, as a going concern. Terms of the deal have ...
Bondecosystem and TransFICC partner for bond market connectivity
Outsourced connectivity specialist Bondecosystem has partnered with financial technology provider TransFICC, to deliver a low-latency execution and connectivity service ...
EMMI drops Euribor+ methodology due to low transaction volumes
The European Money Markets Institute (EMMI), a non-profit group established by national banking associations in the European Union, has dropped the Euribor+ methodology, ...
Bond issuance standardisation boosted by FMSB
Market participants have published final guidelines that clarify expected behaviour during the new issue process for fixed income bonds in Europe.
Bloomberg wins over AB and Capital Group with BVAL
AllianceBernstein (AB) and Capital Group have both selected Bloomberg's evaluated pricing service (BVAL) to benchmark and corroborate end-of-day values for US fixed ...
Fixed income platforms buoyed as all-to-all expands
Fixed income electronic trading platform operators have announced record trading volumes in the first quarter of 2017.
Sterling dealers recommend SONIA as alternative to LIBOR
The Bank of England’s Working Group on Sterling Risk-Free Reference Rates – a group of major dealers active in sterling interest rate swap markets – has announced ...
Plan to replace Dodd-Frank formally introduced in House of Representatives
The chairman of the Financial Services Committee in the US House of Representatives, Jeb Hensarling, has formally introduced the Financial CHOICE Act, a proposed ...
KazMunayGas lists US$2.75 billion of Eurobonds on LSE
London Stock Exchange (LSE) has seen its largest issuance of corporate bonds from the CIS region since 2014. Kazakh oil and gas company, KazMunayGas, placed US$2.75 ...
BoE sets code of conduct for repo and securities lending
A new voluntary Money Markets Code setting out the standards and best practice expected from participants in the deposit, repo and securities lending markets has been ...
Trading systems FIXed to Ipreo for bond issuance
Primary market specialist Ipreo has launched a FIX-messaging based system for integrating the Ipreo Investor Access platform, which allows investors to electronically ...
