Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Barclays and Citi test blockchain tech for equity swaps processing

A group of five major banks, working with Thomson Reuters, IHS Markit and Axoni, have carried out a successful test of blockchain technology and smart contracts to manage affirmations and post-trade lifecycle processing for OTC equity swaps.

18 October 2016

Company update/Fixed income and OTC derivatives

Thomson Reuters launches intra-day pricing for money market funds

Thomson Reuters has introduced a specialized intraday evaluated pricing service for money market instruments, providing evaluated pricing that is updated throughout the global business day for public and other non-public short-term instruments.

14 October 2016

Company update/Fixed income and OTC derivatives

Four trading venues establish Electronic Debt Markets Association

Four of the market’s leading electronic trading platforms BrokerTec Europe Ltd, MarketAxess Europe Limited, MTS Group and Tradeweb Europe Limited, today announced the launch of the Electronic Debt Markets Association Europe (EDMA Europe).

13 October 2016

Company update/Fixed income and OTC derivatives

Anna engages BearingPoint for new OTC bureau

The Association of National Numbering Agencies (ANNA) today announced its engagement of BearingPoint as a Trusted Advisor in the development of the ANNA Derivatives Service Bureau for ISINs for OTC derivatives.

11 October 2016

Company update/Fixed income and OTC derivatives

Redline adds support for BrokerTec Market

Redline Trading Solutions, the premier provider of high-performance market data and order execution systems for automated trading, today announced support for BrokerTec Market, one of the leading electronic trading platforms for fixed income markets.

10 October 2016

Company update/Fixed income and OTC derivatives

McKay Brothers lowers latency on US Treasury Triangle

McKay Brothers has announced a latency reduction in its industry-leading millimeter wave link between Carteret and Secaucus-NY2 to as low as 182 microseconds round trip.

06 October 2016

News/Fixed income and OTC derivatives

OpenGamma raises $13.3m

OpenGamma has raised $13 million in a funding round led by Accel and Icap. The open source risk management outfit has also promoted COO Peter Rippon to CEO.

05 October 2016

Company update/Fixed income and OTC derivatives

ICE Data Services launches best execution for fixed income in Emea

Intercontinental Exchange (ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced ICE Data Services has expanded coverage for its Best Execution service to include sovereign and corporate bonds in Europe, the Middle East and Africa (EMEA).

05 October 2016

Company update/Fixed income and OTC derivatives

MarketAxess moves into leveraged loans market

MarketAxess Holdings Inc. (Nasdaq:MKTX), the operator of a leading electronic trading platform for fixed-income securities and the provider of market data and post-trade services for global fixed-income markets, today announced that it has launched the industry’s first client-to-multi-dealer electronic trading platform for leveraged loans, which is designed to provide efficient access to the growing leveraged loan market.

03 October 2016

Company update/Fixed income and OTC derivatives

Liquidnet claims successful first year for fixed income platform

Liquidnet, the global institutional trading network, today marked the first anniversary of its fixed income dark pool. Since launching in September 2015, Liquidnet’s community of fixed income asset managers has grown to 215 active firms with over 490 users who have executed a total of $3.4 billion of corporate bond trades via the Liquidnet platform efficiently, anonymously, and with minimal market impact.

29 September 2016

Company update/Fixed income and OTC derivatives

Thomson Reuters partners Clifford Chance on OTC derivatives documentation

Thomson Reuters and Clifford Chance have joined forces to help global financial institutions tackle in a timely, efficient and more cost-effective manner their most pressing regulatory obligations relating to margin rules for uncleared over-the-counter (OTC) derivatives.

27 September 2016

Company update/Fixed income and OTC derivatives

Anna restructures as derivatives arm spins off

The Association of National Numbering Agencies (ANNA) today announced membership-supported plans to spin off the ANNA Service Bureau (ASB) into its own Special Purpose Vehicle (SPV) as a subsidiary.

27 September 2016

Company update/Fixed income and OTC derivatives

CurveGlobal - open access derivatives venture goes live

CurveGlobal, the new interest rate derivatives venture developed by London Stock Exchange Group (LSEG) with a number of major dealer banks: Bank of America Merrill Lynch, Barclays, BNP Paribas, Citi, Goldman Sachs, J.P. Morgan and Societe Generale, together with the Chicago Board Options Exchange, has gone live.

26 September 2016

Company update/Fixed income and OTC derivatives

Anna Isins for OTC derivatives to meet FIX specs

The Association of National Numbering Agencies (ANNA) today announced plans to extend the functionality of the allocation engine for the International Securities Identification Number (ISIN) for OTC derivatives to support the FIX derivatives taxonomy and other open-standard product taxonomies.

21 September 2016

Company update/Fixed income and OTC derivatives

MarketAxess offers broader execution choices for muni bond market particpants

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities and the provider of market data and post-trade services for global fixed-income markets, today announced that it has expanded its execution choices for its municipal bond platform to include Muni Offerings.

20 September 2016

Company update/Fixed income and OTC derivatives

Banks back Project Sentinel ahead of MiFID II implementation

As Project Sentinel completes the first round of assessments of potential technology partners, the initiative is pleased to announce an increase in consortium numbers from the original 4-7 banks to 8-10 banks in the current phase.

19 September 2016

Company update/Fixed income and OTC derivatives

Anna: Isin for OTC derivatives progressing ahead of schedule

The Association of National Numbering Agencies (ANNA) today announced that under a consulting contract with Etrading Software, a London-based professional services technology firm, the core functionality of the allocation engine for the International Securities Identification Number (ISIN) for OTC derivatives has been Implemented.

15 September 2016

Company update/Fixed income and OTC derivatives

Saxo Bank moves into online bond trading

Saxo Bank, the online trading and investment specialist, announces today that it is transforming fixed income trading with the launch of the first truly digital trading solution for corporate and government bonds.

12 September 2016

Company update/Fixed income and OTC derivatives

OTC Global Holdings revamps EOXLive Active Markets trading platform

OTC Global Holdings (OTCGH), the leading independent commodities interdealer broker, today announced significant updates to EOXLive Active Markets, the company’s proprietary voice/electronic trading platform.

06 September 2016

Company update/Fixed income and OTC derivatives

MarketAxess expands all-to-all Open Trading in Asia

MarketAxess Holdings Inc. (Nasdaq: MKTX), the operator of a leading electronic trading platform for fixed-income securities, and the provider of market data and post-trade services for the global fixed-income markets, announces the expansion of support for its all-to-all trading marketplace, Open Trading, during Asia local hours.

06 September 2016