Fixed Income

Articles

05 May 2021 — Deputy Editor

Exactpro, announces it has been chosen by LedgerEdge, the next-generation ecosystem for corporate bond trading, to deliver functional testing and ensure the resilience of LedgerEdge’s global corporate bond trading platform powered by distributed ledger technology.

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04 May 2021 — Deputy Editor

SoftSolutions!, the Fixed Income trading technology provider, has made its nexRates platform available on Amazon Web Services (AWS).

The nexRates platform supports trading customers who want to take advantage of the elasticity, scalability, and faster time to market. It also allows customers access to multi-markets, multi-feeds, and multi-asset environments with the security and risk controls in place to meet regulatory requirements.

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LIBOR transition
21 Apr 2021 — Bill Hodgson

The FICC Markets Standards Board (“FMSB”) has published a new Spotlight Review on LIBOR transition, looking at how market participants may manage potential conduct risks arising in back book transition.

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2 MINS
12 Nov 2020 — Deputy Editor

TransFICC has announced the appointment of Gary Vann as Head of Sales in a year when its workforce has grown by 50%.

Based in London, Gary is responsible for business development globally. An industry veteran, he has worked in Fixed Income sales for over 30 years, most recently at Nasdaq Fixed Income where he was Head of EMEA Sales and Account Management. Previous roles included working at BGC Partners broking US Treasuries and $IRS, at BrokerTec in US and CAD Bond sales, and RMJ Securities as a US Treasury Broker.

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09 Nov 2020 — Deputy Editor

The Indonesia Stock Exchange (IDX) has launched SPPA, a new Electronic Trading Platform (ETP) for secondary market trading of bond and sukuk.

Indonesia is one of the largest EM bond markets in the region, valued at around USD 220 BN equivalent. To date, 18 of the 20 Primary Dealers for Government Bonds (SUN) have become users of the platform, along with a further three Indonesian bond market trading firms which can start using the trading platform.

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29 Oct 2020 — Deputy Editor

BrokerTec has added U.S. Repos to its dealer-to-client RFQ trading platform, BrokerTec Quote. The platform was originally launched for European Repo, European sovereign debt and UK gilts Repo in June 2019.

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1 MIN
14 Oct 2020 — Deputy Editor

See Martin Thompson and Judd Gaddie discuss the Aeron enhancement - https://youtu.be/_fnSXpUYRLw

TransFICC has completed a dedicated enhancement to Aeron messaging. Aeron is ideal for financial markets trading as it combines fast and reliable messaging.

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07 Oct 2020 — Deputy Editor

Market Structure Partners has published the findings of a study on the Consolidated Tape for Fixed Income and Equities, undertaken for the European Commission.

The study recommends the EC creates a single consolidated tape provider that is run as a utility whilst seeking to introduce further legislative changes to support the full solution.

It finds that:

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18 Sep 2020 — Deputy Editor

Overbond, a fixed income analytics solution provider, has launched a real-time AI bond pricing product, which has the capacity to process real-time historical pricing data on over 30,000 securities with a refresh rate under three seconds.

The new service fills a gap in the market by aggregating multiple data sources on the client side across trading venues, data aggregators themselves and fundamental and settlement layer data. This provides traders with accurate bond pricing that can measure the liquidity of individual securities and enable automatic execution.

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09 Sep 2020 — Deputy Editor

Vela has added Fenics US Treasuries to its fully-hosted and managed Direct Market Access (DMA) Platform.

Vela's DMA Platform is cross-connected to Fenics' co-location facility in New Jersey.

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11 Aug 2020 — Deputy Editor

Ion trading is to sell the Broadway Fixed Income business in order to satisfy competition fears and complete the overall Broadway purchase.

In a report published by the UK's Competition and Markets Authority it states that Ion plans to retain Broadwa's FX business but divest Broadway Fixed Income. This demonstrates Ion's ambition in FX, as once the deal is complete, they will own Broadway FX, Barracuda FX, and MarketFactory.

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23 Jul 2020 — Deputy Editor

Hudson Fintech, the London-based Capital Markets technology firm, has made two senior appointments to support its growth strategy.

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