Fixed Income

Instinet expands commission management offering with launch of T*Share

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.

Liquidity crunch causes breakdown in fixed income market

A new study from Greenwich Associates revealed last Thursday that the liquidity crunch in global credit markets sparked by the collapse of the U.S. sub-prime mortgage sector severely disrupted the trading and usage of many fixed income products. Institutional investors fear that fallout will continue to spread.

Evolution Securities selects GL RIMS ASP solution

Equity research provider Evolution Securities (Evolution) is to adopt software vendor GL TRADE's middle- and back-office solution, GL RIMS ASP, the firms announced on Wednesday.

icubic AG and Fimas GmbH enter sales and marketing co-operation

icubic AG, a provider of software solutions for the electronic trading of financial instruments, and Fimas GmbH, a provider of specialist consultancy services to active market participants in global financial instrument trading, have committed to a sales and marketing agreement for Europe.

Daiwa signs SONARIS/Bonds for four further years

Yesterday, Daiwa Securities SMBC Europe, a subsidiary of Daiwa Securities SMBC Co., an investment banking joint venture 60%-owned by Daiwa Securities Group and 40%-owned by Sumitomo Mitsui Financial Group, signed an agreement with ORIMOS

Reuters expands evaluated pricing service

Reuters, an information company, has announced that its evaluated pricing service available on Reuters DataScope Select now releases bespoke valuations for IRS, CDS, CDX and CDS deals at premium and end of day time points.