Fixed Income

Articles

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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2 MINS
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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1 MIN
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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2 MINS
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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3 MINS
16 Jul 2020 — Deputy Editor

Corporate bond traders are challenged when searching for liquidity and executing trades without data leakage. The market lags other asset classes in the adoption of e-trading, where only 30% of volume is traded electronically.

LedgerEdge aims to deliver a better ecosystem and experience for finding corporate bond data, sharing data, and executing trades, by combining blockchain technology, artificial intelligence, and secure enclave computing.

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2 MINS
11 Jun 2020 — Deputy Editor

Neptune, the fixed income pre-trade market utility, recently closed a successful capital raise from existing shareholders, raising in excess of $15 million across two-tranches. The majority of Neptune's existing shareholders participated in the capital raise, including Bank of America, Barclays, BBVA, BNP Paribas, Citi, Credit Agricole CIB, Credit Suisse, Deutsche Bank, Goldman Sachs, ING, J.P. Morgan, Morgan Stanley and UBS.

The investment will be used to continue Neptune's growth in technology and data, as well as client coverage and the overall business structure.

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3 MINS
02 Jun 2020 — Chetan Joshi

In the previous article we covered the key topics investment managers need to consider when deciding whether to lend their securities. Here we look at the various routes to the market that should be considered once you have decided to lend. The organisational and portfolio characteristics are significant factors in determining the feasible routes to the lending market.

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5 MINS
29 May 2020 — Deputy Editor

A new report published by the International Capital Market Association (ICMA) documents the performance of the investment grade secondary bond market in Europe during the last weeks of February through March and April 2020, as the COVID-19 pandemic caused levels of market volatility and dislocation surpassing those seen during the global financial crisis of 2007-2008.

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3 MINS
26 May 2020 — Sakti Narayan

Securities Lending has evolved from a back-office operational activity originating in the 1960s/70s – borrowing securities to cover settlement failures and supporting short-selling investment strategies – to a recognised investment management discipline that can be a source of additional alpha and revenue for beneficial owners and investment managers.

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5 MINS
22 May 2020 — Deputy Editor

The MTS BondsPro electronic trading platform is now available to Mexican institutional clients in Latin America, delivered through a marketing agreement with Marco Polo Securities.

Fixed income traders will have electronic order book access to Mexican peso-denominated corporate and treasury bonds, and will become part of the international BondsPro trading community of more than 600 broker dealers and buy-side clients participating in the BondsPro all-to-all order book.

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2 MINS
30 Apr 2020 — Deputy Editor

TransFICC, the specialist provider of low-latency connectivity and workflow services for Fixed Income and Derivatives Markets, has closed its Series A investment round for£5.75 million. Led by AlbionVC, it included new strategic investments from ING Ventures and HSBC.

The new investors join existing shareholders, Citi, Illuminate Financial, Main Incubator (the R&D unit of Commerzbank Group) and The FinLab.

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4 MINS
28 Apr 2020 — Deputy Editor

Singapore Exchange Limited (SGX) and CITIC Securities have agreed to collaborate across multiple areas, including fixed income, currencies and commodities (FICC), real estate investment trusts (REITs), as well as equity, and debt capital markets. 

Under the agreement, both parties will explore the development and listing of new bond and risk management products for international participants who are looking to invest in China’s bond market.

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1 MIN