The move marks the latest update in the legal proceedings, after the EU bond consolidated tape provider (CTP), Ediphy, appealed the decision to award the mandate to Etrading Software in September.
The UK’s bond CTP tender winner, Etrading Software, tells The TRADE the application is a strong signal to market participants to continue their preparations for the launch of the UK tape, while the legal challenge proceeds in parallel.
The past week has seen a head of trading departure and a head of markets appointment, as well as hires across equities sales and fixed income.
The offering has been tailored to suit T. Rowe Price’s specific needs and is expected to address data fragmentation and efficiency across the entire bond deal lifecycle.
Individual will be based out of London in his new role and has also previously worked at ALMIS International.
Individual brings 20 years of experience to his new role and has previously worked for Schroders, Stifel and UBS.
Degroof Petercam’s Philip Bille, head of buy-side dealing and market structure, and Pierre Renna, head of buy-side fixed income dealing, sit down with Claudia Preece to delve into the desk’s collaborative, multi-asset approach to execution across asset classes, focusing on its fixed income offering and highlighting the importance of championing ‘human touch’ and traditional market expertise in symbiosis with a forward-thinking, technology-driven attitude.
The new offering was developed in close collaboration with buy-side and sell-side firms, such as AllianceBernstein and BlackRock.
The collaboration will integrate LSEG’s Yield Book fixed income data and analytics into FINBOURNE’s LUSID platform and builds on the two firms’ existing partnership from 2021.
The two market infrastructures are set to offer clearing members the option to settle Italian government bonds and repos cleared at LCH SA directly in Euroclear Bank from 2026.