Fixed Income

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.

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.

Fixed income trading may have boosted US institutional broking revenues in Q1 2011, but new legislation impacting bond trading will cause banks to adapt their business models to maintain returns.

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.

A new ASEAN+3 Bond Market Guide aims to provide the buy-side with comprehensive information on Asia’s bond markets and harmonise standards and practices with a view to common bond issuance.

Electronic bond trading in Brazil is set to increase after MarketAxess, the operator of a fixed income trading platform, gained approval to offer trading in local currency debt instruments.

Using electronic trading tools to source liquidity in the fixed income markets across a number of counterparties can significantly reduce trading costs, according to new research from the University of California, Berkeley.

Banking regulation Basel III could breathe new life into the securities lending sector, market participants claimed yesterday at a forum in London.

A new Australian venture, MMADX, is aiming to automate the country’s A$11 trillion money market securities and repo market, with an eye on expanding into other products and territories.

MarketAxess, the operator of an electronic trading platform for fixed income securities, has appointed Robert Hammond to lead sales and dealer relationship management in Europe and the Middle East.