Barclays names new head of securitised products bond trading
Incoming individual has previously served at: Merrill Lynch, Credit Suisse, and Atlas SP Partners.
Fixed Income
Smoke and mirrors: The growth of two-way pricing in fixed income
Annabel Smith explores the market’s growing interest in the request for market protocol, including the desire to shroud market impact, use cases, and whether or not it will ever become fully applicable for the buy-side when trading credit.
US leveraged loan trading revenue rebounded in 2023 despite rising interest rates
Revenues totalled $900 million in 2023, up 16% and 29% from 2021 and 2022 respectively.
Broadridge’s LTX integrates with TS Imagine to bolster mutual buy-side clients’ fixed income liquidity access
Integration will offer improved pre-trade transparency, price discovery and better access to aggregated liquidity.
Wave Labs onboards first long-only buy-side client
“When a major buy-side client chose to use the EMS from us, a start-up, this is the confirmation that eLiSA is offering something unique. Something contemporary. Something new,” Miles Kumaresan, chief executive of Wave Labs told The TRADE.
People Moves Monday: BNY Mellon, BlackRock, Tourmaline Partners and more…
The past week saw appointments across fixed income and equities, as well as the C-suite.
BNY Mellon names new head of fixed income and equities EMEA and head of US fixed income
Former co-head of equities electronic sales and trading at RBC Capital Markets takes on EMEA role, while ex-CIBC fixed income specialist also joins growing team.
HSBC and the Bank of East Asia execute first Hong Kong repo trade using digital bonds
The transaction involved using HK$-denominated bonds as collateral from the largest digital bond issuance globally and is expected to help build liquidity for digital bonds.
Overbond integrates dealer axe data with Neptune platform API
The move will enhance client-specific analytics for corporate trading execution as well as providing Neptune Networks with the latest in AI size-adjusted pricing and liquidity discovery.
Bloomberg launches new automated swaps and futures basis trading and reporting workflow
The new end-to-end workflow allows sell-side participants acting as executing brokers to facilitate a trade using a single interface.