Fixed Income

The committee is part of Etrading Software’s planned delivery roadmap ahead of the consolidated tape’s launch on 22 June 2026.  

The first standardised fixed income market-wide auction protocol from MarketAxess has landed. The TRADE delves into the new offering facilitating a liquid end of day event for US high-grade and high-yield bonds and the further potential opportunities on the horizon.

The new offering will make use of Eurosystem’s T2S platform, which is overseen by the European Central Bank, to enhance European fixed income market consolidation and increase control over post-trade workflows.  

The past week saw numerous traders shift firms across fixed income, equities and sales.  

Individual will retain his former role as deputy head of FIC; initially joined Societe Generale in 1993.

Individual previously spent three years at BlackRock in various senior roles, and has also worked at Citi and Capital Group.  

The move strengthens Jefferies’ 2022 partnership with the credit-focused asset manager, and aligns with Hildene’s recent plans to acquire fixed indexed annuities provider, SILAC.  

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.