JP Morgan clears first repo under new DTCC sponsor programme
Transaction follows recent regulatory approval to expand DTCC’s Fixed Income Clearing Corporation sponsored programme.
Transaction follows recent regulatory approval to expand DTCC’s Fixed Income Clearing Corporation sponsored programme.
Collaborative project to deliver global, multi-asset and multi-currency coverage to MarketAxess and Virtu RFQ-hub clients.
The expansion will also change how the service is used, with sponsors now able to let their clients trade with counterparties other than themselves.
Research says that buy-side firms spent over $1 billion on OMS and EMS last year, as Bloomberg leads list of primary platforms.
Automated Quote System (AQS) designed to automate manual workflow processes, where quotes, orders and trades are currently processed using multiple external trading platforms.
The AFM has granted approval for MarketAxess to establish an EU-base in Amsterdam to continue servicing clients post-Brexit.
ICE establishes new fixed income trading business which combines its three platforms TMC Bonds, BondPoint and ICE Credit Trade.
MTS Repo saw a record day of activity on 21 January with almost three quarters of a trillion euros traded.
Monthly trading volumes on the Open Trading platform set a new record in January, shortly after reaching a new quarterly record at the end of the 2018.
Godfried De Vidts is a recognised voice on European financial and political issues, having most recently served as director of European affairs at NEX Group.