Research has found from 2017 to 2020 investment grade and high yield bond e-trading in the US grew by 111% and 145% respectively compared to 61% growth in Europe.
BidFX clients can now access the implementation shortfall execution algorithm from XTX Markets as FX algo trading continues to increase.
LCH has added Hana Bank as the first Korean bank to offer client clearing through ForexClear for FX derivatives.
As the rates business at NatWest Markets continues to grow, TransFICC will provide more efficient connectivity to its clients.
The EBS Direct platform offers enhanced price discovery, provides greater certainty of execution and improves fill ratios for market participants.
The SARON/SOFR cross-currency basis swap between the two banks took place at LCH SwapAgent and was brokered by Gottex.
The fully electronic institutional SOFR swap spread trade between JP Morgan and BlackRock took place on the Tradeweb swap execution facility.
New head of institutional sales for Americas at LMAX Group has previously worked at major institutions including Barclays and UBS and Euronext FX.
According to Cboe’s head of European equities, Natan Tiefenbrun, the reintroduction of Swiss securities into London’s stock universe has been its saving grace.
FlexTrade’s MaxxTrader Foreign Exchange Platform will allow Equiti to offer traders liquidity aggregation, execution management, and institutional trading capabilities.