Neptune Adds Nomura, Jefferies to Bond Utility Network
Collaborative network for pre-trade bond indication sharing adds Nomura and Jefferies to liquidity pool.
Nomura and Jefferies join other participating investment banks including Goldman Sachs, Citi, UBS, Deutsche Bank, and Morgan Stanley on the platform, as well as a number of buy-side firms such as Deutsche Asset Management, AXA IM, Henderson Global Investors, Alliance Bernstein, and Aberdeen Asset Management.
Neptune, run by Neptune Networks, operates as a not-for-profit utility network with the goal of establishing a hub for the exchange of pre-trade bond axes and inventories in a standardized, transparent format between the buy and sell side.
"The addition of Nomura and Jefferies to the Neptune network is an important step forward in the development of our open-access, non-discriminatory network that links bond market participants and makes markets more efficient while continuing the theme of aggregating global liquidity onto one platform," said Grant Wilson, CEO of Neptune Networks, in a statement.
Neptune currently counts a total of 17 bond dealers across the network with over 13,500 individual securities, across 20 different denominations. A further four bond dealers are due to join the network before the end of the first quarter of 2017.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Emerging Technologies
On GenAI, Citi moves from firm-wide ban to internal roll-out
The bank adopted three specific inward-facing use cases with a unified framework behind them.
How a Chinese AI firm shook the tech world
DeepSeek’s AI model is the very ethos of doing what you can with what you have.
To unlock $40T private markets, Hamilton Lane embraced automation
In search of greater transparency and higher quality data, asset managers are taking a tech-first approach to resource gathering in an area that has major data problems.
Waters Wavelength Ep. 304: Nice Actimize’s Lee Garf
Lee joins to discuss changes in communication platforms over the last few years.
DTCC revamps data distribution, collection efforts with cloud, AI
The US clearinghouse is evaluating the possibilities that cloud and AI offer to streamline the processes by which it collects and makes data available to market participants.
Agentic AI and big questions for the technologists
Waters Wrap: Much the same way that GenAI dominated tech discussions over the last two years, the road ahead will feature a lot of agentic AI talk—and CIOs and CTOs better be prepared.
Waters Wavelength Ep. 302: Connectifi’s Nick Kolba
Nick joins the show to give his views on trends in the interoperability space and the FDC3 standard.
AI co-pilot offers real-time portfolio rebalancing
WealthRyse’s platform melds graph theory, neural networks and quantum tech to help asset managers construct and rebalance portfolios more efficiently and at scale.
