Fixed Income

Nasdaq OMX lowers clearing fees

Nasdaq OMX Clearing is introducing lower clearing fees for Swedish Krona fixed income products and extending its collateral list to include additional assets.

ESMA confirms MiFID consultation due in one month

Proposed regulatory technical standards for MiFID II are due to be published in a weighty consultation due at the end of May, a spokesman for the European Securities and Markets Authority had told theTRADEnews.com.

DTCC backs T+2 for US market

The Depository Trust and Clearing Corporation has thrown its support behind initiatives to introduce a shortened settlement cycle in the US in order to help reduce credit and liquidity risk.

Market making key for bank fixed income revenues

Recent investment bank results have revealed a continued slump in fixed income business, but a new approach to market making could help drive future profitability, according to Stu Taylor, CEO of fixed income solutions provider Algomi.

Fixed income transparency “dangerous” – IMA

Efforts to introduce pre-trade price transparency in the fixed income market could have dangerous repercussions, according UK buy-side body the Investment Management Association (IMA).