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.
Thomson Financial has formed a partnership with nine broker-dealers to attract liquidity and expand the range of assets traded on TradeWeb, its fixed income and derivatives trading platform.
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.
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.
Trading volumes on inter-dealer broker ICAP's electronic broking platforms EBS and BrokerTec reached $945 billion in August, an increase of 51 percent on August 2006, says the firm.
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.
On Monday, Fixnetix, a market data telecommunications company and European provider of low latency market data, announced a deal with EuroMTS, a pan-European electronic trading platform for government
Yesterday, Greenwich Associates, a research-based consulting firm in institutional financial services, announced its 2007 U.S. fixed income dealer rankings, which place Lehman Brothers and JPMorgan in joint top position.
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, 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.