Editorial: Oversight of US bond markets is broken
Oversight of the US bond markets is broken. The world’s sixth largest bank by assets, JP Morgan, was able to manipulate the US Treasury market, the global benchmark for ...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
Heath Tarbert, Chairman, CFTC.
Shah joins new fixed income team at Premier Miton Investors
Anish Shah, senior fixed income dealer, Premier Miton Investors.
Who is using outsourced trading?
A new study by analyst firm Capco has outlined the drivers, pros and cons for buy-side outsourced trading, yet Capco was unable to say how much outsourced trading is ...
Fed names new sellers to SMCCF including Jane Street, Tradeweb
The Federal Reserve Bank of New York has released the the first wave of additional counterparties that it has selected to support the Secondary Market Corporate Credit ...
Coalition: FICC up 50% for banks in H1, rates revenues doubled
Banks saw fixed income, currency and commodities (FICC) revenues rise by 54.6% in the first half of the year according to analyst firm Coalition. It found that revenues ...
EM debt funds on a winning streak for inflows
According to Morgan Stanley analysis, emerging market (EM) debt funds have seen eight weeks of inflows over the summer period, representing the longest streak since June ...
Why US and European exchanges face very different landscapes
While European authorities try to push more trading back onto stock exchanges, which have entered a period of consolidation, US regulators are angling for a more ...
Reports indicate UBS Bond Port is on a tear
Several buy-side traders have reported they are seeing significantly increased volumes and buy-side activity on the UBS Bond Port platform in the second quarter of 2020, ...
Morgan Stanley: Fed buying programme has benefits beyond direct purchases
Analysis of the Federal Reserve’s Secondary Market Corporate Credit Facility (SMCCF) by Morgan Stanley analysts has found that its purchases of exchange traded funds ...
Commerzbank’s CEO and chairman quit
Martin Zielke, outgoing CEO, Commerzbank
Greenwich: Buy-side traders rate counterparties by data, not friendship
Relationships are becoming less important when buy-side traders are deciding which counterparties to trade with, as data on previous trading activity takes on a greater ...
Buy side wants new tools in primary market tsunami
Several buy-side traders report new primary bond market tools could come online this year in the US, with dealer consortium DirectBooks expected to step up, Bloomberg ...
ICMA highlights key 'dysfunctional' areas of credit market
Andy Hill, ICMA. Courtesy: Zute Lightfoot www.lightfootphoto.com
Trading outsourcer Tourmaline hires three senior executives
l to r: Goodman, Mazzuca, & Sindell.