A large percentage of German institutional investors plan to leave their equity allocations at low levels over next three years, potentially relegating equities to the status of a niche asset class in the country for the foreseeable future, according to research and consulting firm Greenwich Associates’ 2009 German Investment Management Study.
German exchange group Deutsche Börse will attempt to persuade the Frankfurt Regional Court to lift before the end of the month the injunction that closed its new electronic bond market.
German exchange group Deutsche Börse has launched a market-maker driven trading model for bonds on its Xetra electronic trading platform.
Vega-Chi, a planned multilateral trading facility (MTF) for convertible bonds, has appointed BNP Paribas Securities Services, a division of French bank BNP Paribas, as a post-trade partner.
Volatility and wider spreads wrought by the financial crisis have pushed more European fixed income trading towards voice-based channels, but an electronic trading resurgence among the buy- and sell-side is underway, according to a new report from research and consulting form Celent.
Financial markets data provider Markit has launched a new convertible bond index designed to provide investors with exposure to the broad US convertible bond market.
Jack Jeffery, a former executive at inter-dealer broker ICAP, has been appointed the new CEO of European fixed-income exchange MTS, a part of the London Stock Exchange Group (LSE).
The Polish Financial Supervision Authority has approved changes to the Warsaw Stock Exchange's (WSE) alternative trading system regulations that will allow the bourse to launch the unregulated trading portion of its new CATALYST corporate and municipal bond market on 6 October.
The Warsaw Stock Exchange has revealed plans to launch WSE CATALYST, a new market for issuing and trading debt securities in Poland, by the end of this month.
London-based agency brokerage Execution has formed a new agency credit division, which will be led by a former Merrill Lynch fixed-income trader.