Fixed Income

German investors lack confidence in equities – Greenwich

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.

Deutsche Börse to challenge bond trading injunction

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.

New bond MTF to use BNP Paribas’ post-trade services

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.

Electronic bond trading in Europe to recover – Celent

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.

LSE hires ex-broker to head bond exchange

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).

Polish alternative bond trading platform approved

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.

Warsaw to launch new bond market

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.