Financial services companies must embrace an advanced data infrastructure to manage fixed income data across asset classes, instruments and regions, says a new report from research and consulting firm Aite.
NYSE Group has received approval from the U.S. Securities and Exchange Commission (SEC) to launch its fixed-income trading platform, NYSE Bonds. The newly-developed system makes us of NYSE Arca's matching technology to offer a trading platform for all NYSE listed corporate debt securities.
The trade association for the American securities industry, the Securities Industry and Financial Markets Association (SIFMA) says it will respond to a market best practices guide published by the US Treasury Department on 9 February.
Fixed income trading platform Thomson TradeWeb says its Asia-based customers can now access the platform during Asian trading hours.
"TradeWeb has long been synonymous with access to US Treasury bond liquidity and we are very pleased to be offering access to this dealer liquidity in Asian hours," says Lee Olesky, president, Thomson TradeWeb. "The widening of the trading hours on TradeWeb is an important benefit to our customers who have a presence in Asia, and is a major step in unifying electronic trading in the bond markets on a global scale. Expanding TradeWeb's offering to our customers in Asia is a further demonstration of our commitment to providing access to liquidity in the world's bond and derivative markets. We look forward to making further product introductions very soon," adds Olesky.
Charles River Development (Charles River), a provider of financial software and services to the global investment management community, yesterday announced that London-based F&C Asset Management (F&C) has selected the Charles River Investment Management System (Charles River IMS) to support its front office equity, fixed income and derivative operations.
Electronic trading of bonds in Europe is set to grow by nearly two fifths. This is one of the most striking findings of the second survey of electronic fixed income trading in Europe by the Securities Industry and Financial Markets Association (SIFMA).
Vhayu, a provider of streaming tick processing and persistence software, yesterday launched Vhayu Velocity for Fixed Income, which delivers real-time analytics and storage of critical fixed income market data.
Markit Group, the London-based provider of OTC derivatives trade data, valuation and processing services, has appointed James Savitsky and Thomas Geraghty as Directors within its Asset-Backed Securities (ABS) sales and product development team.
With hedge funds generating a growing share of trading volumes in many fixed-income products - and a majority of the volume in several especially lucrative products - global and European investment banks are concentrating their efforts on these increasingly profitable customers. Or so suggests a new study of fixed in
Marketpipe Limited, which operates a new issue network in the fixed income markets and also licenses its products to banks, has been sold to Ipreo LLC. Marketpipe was formed in 2000 and currently has 19 investment banking clients serviced by 30 employees from its London office. With the acquisition of Marketpipe, Ip