Fixed income and OTC derivatives

314 articles tagged with this keyword

/Fixed income and OTC derivatives

Banks back TradeWeb STP network

TradeWeb says its dealer-owners have committed to use its expanded straight-through processing (STP) platform for the voice and electronically-traded fixed income securities that they trade with customers.

/Fixed income and OTC derivatives

Six bidding for European covered bond platform

Six companies - Icap, TradeWeb, Eurex, MTS, BGC Partners and Bloomberg - are bidding to provide a new electronic trading platform for European covered bonds.

/Fixed income and OTC derivatives

Oslo Børs re-thinks Genium upgrade

Oslo Børs is on the verge of pulling out of a deal to replace its trading infrastructure with the new Genium Trading system from Nasdaq OMX after discovering that the transatlantic exchange has changed the content and structure of the platform.

/Fixed income and OTC derivatives

Back offices buckle under OTC volume surge

Despite concerted efforts since 2005 to improve operational efficiency in the credit derivatives markets, trading surges in the OTC markets since the credit crunch have resulted in corresponding spikes in unconfirmed trades clogging up back offices.

/Fixed income and OTC derivatives

Citi acquires Tradeweb stake

Citi is acquiring an undisclosed minority equity stake in electronic fixed income platform TradeWeb.

/Fixed income and OTC derivatives

Icap to buy equity derivatives broker Link

UK-based interdealer broker Icap has signed an agreement to acquire equity derivatives outfit Link Asset and Securities for a total consideration of £250 million.

/Fixed income and OTC derivatives

Fed warns of persistent processing problems in OTC derivatives market

Despite moves by the largest credit derivatives dealers to clear settlement backlogs, the major volume surges in mid-2007 showed that "processing challenges" still persist in the over the counter derivatives (OTC) markets, says The Federal Reserve Bank of New York.

/Fixed income and OTC derivatives

LiquidityHub shuts down

LiquidityHub, the central fixed income pricing aggregator for swaps trading backed by 16 dealers, has been shut down just five months after going live.

/Fixed income and OTC derivatives

Icap launches bond trading platform in India

Interdealer broker Icap has launched an electronic bond market for wholesale participants in the Indian corporate debt sector.

/Fixed income and OTC derivatives

Spending on OTC derivatives automation to surge - Tabb

Banks will spend $70 million on automating over-the-counter (OTC) derivatives processing in 2008, rising to $120 million in 2010 - a compound annual growth rate (CAGR) of 30%, according to estimates from Tabb Group.

/Fixed income and OTC derivatives

Carbon trading offers major opportunity for broker-dealers - TowerGroup

Broker dealers seeking new, high margin products will increasingly look to carbon emissions trading but will need to invest in technology if they are to take advantage of this growing market, according to research from analyst house TowerGroup.

/Fixed income and OTC derivatives

MarketAxess buys FIX outfit Greenline Financial Technologies

US electronic bond trading network MarketAxess has acquired Chicago-based FIX specialist Greenline Financial Technologies in a cash and stock deal worth around $42 million.

/Fixed income and OTC derivatives

Nasdaq OMX invests in OTC commodity mart Agora-X

The newly merged Nasdaq OMX Group is acquiring a 20% equity stake in Agora-X - a new US marketplace for over-the-counter (OTC) commodity contracts - for $7.5 million.

/Fixed income and OTC derivatives

Oslo Børs looks to upgrade to OMX's Genium platform

Oslo Børs is holding talks with OMX about replacing its trading infrastructure with the vendor's new Genium platform.