As of 30 November LCH SwapClear’s cleared notional volumes year to date totalled just over $1 quadrillion.
Barclays’ reinvestment will see the launch of new SOR and algo platforms, with a recent SOR upgrade producing a 10% increase in hit rates.
With 20 years’ experience in the industry, Alex Shterenberg has also worked at UBS and at JP Morgan where he was global head of FX execution services.
Refinitiv extends scope of data distribution to include Tradeweb market data for multiple fixed income instruments.
Bloomberg follows Tradeweb as the second approved trading platform provider on Bond Connect, the cross-border trading link in Asia.
The first interest rate swap trade at Tradeweb executed between Union Investment and Citigroup has already been cleared following connection to Eurex.
LSEG’s MTS has teamed up with BondCliQ to launch a liquidity data visualisation service.
CLSNet operates on a distributed ledger technology platform for automated bilateral payment netting of FX trades.
Integral currently has more than 200 financial institutions that use its technology services for FX businesses.
Index tracking top investment banks found headcount was down in the third quarter this year, with equities suffering the biggest decline.