SmartTrade selects former CME and Goldman executive as chief revenue officer
New chief revenue officer brings over 25 years of industry experience to the role including 19 years spent at Goldman Sachs International.
News
Bank of England and BIS launch London innovation hub
The London-based centre marks the fourth location new location to become part of the BIS Innovation Hub programme in the last two years.
HSBC trades first FX hedges linked to global MSCI ESG index
Total return swap executed by HSBC marks the first time that the MSCI World ESG Leaders Index had been hedged with an FX overlay.
State Street unveils digital assets unit; expands into crypto, CBDCs and tokenisation
The new unit, State Street Digital, will be led by well-known securities services veteran Nadine Chakar, and seeks to address the industry-wide shift to a digital economy.
JP Morgan hires BGC product expert to drive FICC digital sales
Former BGC Partners executive joins JP Morgan in the FICC division as vice president for digital markets after a decade with the interdealer broker.
Bloomberg enhances portfolio trading offering with basket building tool
The Portfolio Trading Basket Builder incorporates its Evaluating Pricing Services (BVAL) allowing participants to use data, analytics and communication tools to optimise baskets.
Principal Global Investors installs fixed income EMS from TS Imagine
The integration by Principal Global Investors follows TradingScreen and Imagine Software’s merger last month to create TS Imagine.
BNP Paribas rolls out algo for Brazilian real markets
The expansion of its NDF capabilities will see BNP Paribas provide on-shore liquidity on the Brazilian Mercantile and Futures Exchange.
Multi-dealer platforms increasingly costly, FICC traders agree
Coalition Greenwich report found that buy- and sell-side FICC traders view bilateral trading as a solution to the rising costs of multi-dealer platforms.
Citi leads $6 million funding round in BondEvalue to drive bond market electronification
The funding round for the up-and-coming Singapore-based bond exchange, BondEvalue, included contributions from Citi and MassMutual Ventures Southeast Asia.