Following two major announcements this year, The TRADE speaks to the trading venues hoping to dominate the evolving fixed income algo trading sphere. Over the last few months, the market has seen two of the most prominent fixed income trading venues expand their service offerings through acquisitions of algorithmic trading providers. In recent years, algorithmic…
This partnership will allow Overbond clients to derive even greater value from Overbond components, as they can now interoperate with a wide range of applications. Overbond, as the leading API-based credit trading automation and execution service, and Interop.io, the driving interoperability agent in capital markets have partnered to Streamline FI Trader Workflows through FDC3 interoperability. Overbond’s analytics…
The majority of financial firms are planning for pilots or deployment of generative artificial intelligence according to a webinar hosted by Broadridge Financial Services, the fintech provider. In a Broadridge webinar on 26 October, Generative AI: Lessons From the Front Line, a poll found that only 8.2% of attendees have no plans to use the technology….
TD Cowen has invested heavily in people and technology over the years, and now clients are seeking different forms of hybrid outsourced trading services from the provider along with delving deeper into new asset classes, says Michael Rosen, managing director and global co-head of prime brokerage & outsourced trading. How has the perception of outsourced…
Director, senior fixed income and FI ETF trader at BlackRock, Laura-Jane Purnell, sits down with Wesley Bray to discuss her journey to the trading desk, the key drivers in the modernisation of bond markets and how to navigate shifting liquidity supply and demand dynamics. By Wesley Bray Tell us about your journey to becoming a fixed…
Breaking into a market where giants already loom large isn’t for the faint of heart, nor theshallow of pockets. In fixed-income trading platforms, there are the Big Three: Bloomberg,MarketAxess, and Tradeweb. But two years ago, Broadridge ambitiously threw its hat into the bondtrading ring with its LTX platform. LTX’s value proposition is that broker-dealers stand…
A massive modernisation of the bond market is being recognised at the Fixed Income Leaders’ Summit in Barcelona. Although the event was largely held under the Chatham House Rule, it was clear that the evolution of new trading protocols including algorithmic trading, portfolio trading, and the electronification of established protocols of trading is expected to…
On 9 October 2023 the UK’s rules on the trading venue perimeter – drawing a line between desktop technology and regulated trading venues – will come into effect. With electronification of trades continuing to increase in many parts of the credit and rates markets, traders value the support that their front office technology – be…
The fires of summer are being replaced by the floods of autumn, but in the bond markets a gentler and more positive outcome is being see to the change in seasons. Looking at data from MarketAxess Trax, which tracks activity across multiple fixed income markets and sources, we can see that trading volumes appear to…
Research of 300 post-trade experts including custodians and brokers shows that legacy technology and regulation prevent financial institutions from capturing growth opportunities. A third of post-trade firms are operating with legacy platforms more than a decade old, with budgets being dominated by maintenance and upgrades over investments in replacements and transitions, new research has found….
LONDON, UNITED KINGDOM, ENGLAND, February 27, 2024 /EINPresswire.com/
