Deutsche Börse boosts bond liquidity through Xetra
Deutsche Börse has unveiled plans to stimulate liquidity in the fixed income market with the addition of bonds to its Xetra continuous order book.
Deutsche Börse has unveiled plans to stimulate liquidity in the fixed income market with the addition of bonds to its Xetra continuous order book.
The Fixed Income Connectivity Working Group, a collective of global investment banks, has signed a number of venues to its electronic swaps trading standard.
Fixed income trading is moving inexorably towards an electronic market structure but the pace of change will vary across individual markets, according to a new study by consulting firm Celent.
IntercontinentalExchange, a US-based operator of futures bourses, has teamed with Brazilian central securities depository Cetip to launch a hybrid fixed income trading platform.
Japan-based investment bank Nomura has named Gary Cottle as its new head of fixed income for Europe, Middle East and Africa.
The Royal Bank of Scotland has recruited industry veteran Jeremy Smart as global head of electronic distribution, as the UK state-owned bank prepares for growing automation of fixed income trading.
MarketAxess has added new functionality to its electronic bond trading platform, which now lets users better manage market impact and source liquidity in the credit markets more effectively.
Traditionally an afterthought for buy-side traders, FX trading is starting to become more front of mind, evidenced by greater innovation and evolution of trading tools designed specifically for the asset class.
Deutsche Bank has overhauled its Autobahn FX trading platform, which it says will give buy-side customers more control over their currency trades.
Regulators are currently deciding on the best way to move ahead with reforms that encourage electronic trading in bond markets. But market participants are concerned that too much transparency could damage liquidity.