Fixed Income

Convictions outsources dealing in bond liquidity dearth

Independent investment manager Convictions Asset Management said the challenge of locating fixed income liquidity was behind its recent decision to outsource execution to BNP Paribas Securities Services.

Brazilian CSD and ICE to launch fixed income venue

Cetip, the Brazilian fixed income central securities depository, has signed an agreement with the IntercontinentalExchange to develop a new fixed income trading platform for Brazilian corporate and government bonds.



MarketAxess broadens Canadian offering

MarketAxess, the operator of an electronic trading platform for US and European fixed income instruments, has received approval to offer its platform in Quebec, Canada.

ICAP's BrokerTec gets a technology overhaul

Interdealer broker ICAP is revamping the technology platform which supports its BrokerTec trading system for US fixed income instruments as electronic trading of the asset class continues to grow.

Penserra Securities hires corporate bond team

Penserra Securities, a US-based equities and fixed income broker, is building its fixed income capital markets presence with the hire of a corporate bond team led by Donald Chisholm and Robert Wade.