Are US dealers still offsetting credit trading risks?
As US banks see credit positions turn negative, and interdealer market volumes remain flat, The DESK asks how they offset risk as their credit trading volumes rise with ...
FILS USA 2022: Behind the scenes
The buzz at FILS this year reflects the three-year hiatus from in-person events – and the amount of change that has occurred since then. Discussion between buy-side ...
Michelle Neal poached by New York Fed from LedgerEdge
The Federal Reserve Bank of New York has been named Michelle Neal as head of its Markets Group. In this role, she will also be a member of the Bank’s Executive Committee.
A surfeit of bonds?
Henry I of England famously died from eating a surfeit of lampreys – a delicacy until consumed to excess. Central banks might want to review that story as they are ...
UPDATE: Fed to end supplementary leverage ratio, talks down tapering
Jay Powell, Chairman, US Federal Reserve.
ICMA highlights key 'dysfunctional' areas of credit market
Andy Hill, ICMA. Courtesy: Zute Lightfoot www.lightfootphoto.com
Fed breaks silence on HFT in treasuries
Having opened the US government debt market to high-frequency trading, authorities now push market participants to “be good citizens”. Dan Barnes reports. The Federal ...
