Fixed Income

ICAP, an interdealer broker, says the average daily electronic broking volumes in its fixed-income products reached record levels in February. Daily fixed-income volumes traded on ICAP's BrokerTec platform - including US Treasury products, EU repo and US repo - reached $692.8 billion in February, 23 per cent higher than a year previously.

ICAP, an interdealer broker, says the average daily electronic broking volumes in its fixed-income products reached record levels in February.

Boston-based investment management firm Eaton Vance has selected CDO Software's CDO Director and CDO Scheduler management tools to help manage its synthetic CDO business.

Caplin Systems, a real-time web company, has announced that MarketAxess Holdings, the operator of an electronic trading platform for U.S.

Domestic bond markets are booming across Asia ex-Japan, according to a study by research and consulting firm Greenwich Associates.

ICAP, an interdealer broker, says it experienced record transaction volume across its electronic broking platforms in 2007.

Broadridge Financial Solutions, a provider of technology-based outsourcing solutions to the financial services industry, launched Aspire Trader for the fixed- income markets on Monday.

With a market share of 13.8% of institutional trading volume, Deutsche Bank took home the title of Asia's largest fixed-income dealer at the 2007 Greenwich Associates Fixed Income Excellence Awards ceremony on Tuesday.

GL Trade, a provider of front-to-back-office software solutions, announced Monday it had acquired American company Decision Software, a firm which provides North American financial institutions with fixed income trading platforms and connectivity to liquidity providers.

On Monday, Instinet, an agency-only broker and wholly-owned subsidiary of Nomura Holdings, launched T*Share, a new program which allows institutional clients to trade with multiple brokers while consolidating their commission credits on Instinet’s new Plazma commission management platform.