Asset Classes

Smoke and mirrors: The growth of two-way pricing in fixed income

Annabel Smith explores the market’s growing interest in the request for market protocol, including the desire to shroud market impact, use cases, and whether or not it will ever become fully applicable for the buy-side when trading credit.

A closer look at restricted currency execution and custody

The TRADE sits down with Scott Ferguson, lead analyst, FX and cash management at T. Rowe Price, to explore the current state of play in the restricted currency sphere including buy- and sell-side led innovation and efficiency, the shifting market backdrop, and the need for increased TCA and transparency. 

Gemini to pay $21 million following SEC enforcement action

Under the terms of the settlement, the Securities and Exchange Commission (SEC) will not receive any portion of the penalty until payment of all other allowed claims by the bankruptcy court have been completed.