Interest rate swaps
Consortium backs BGC’s effort to challenge CME
Banks and market makers—including BofA, Citi, Goldman, Jump and Tower—will have a 26% stake in FMX.
CDS trading remains stubbornly human
Buy-sider traders remain skeptical of the benefits of algo execution for credit derivatives.
Fulcrum AM Looks to Quantify ESG Risk by Honing Hard Numbers
ESG risks will become part of investment and risk management processes across all funds at the firm.
Isda to Release Definitions on Web-Based Platform
The platform will allow users to look up the latest definitions as they execute a trade, with the option to access code for certain definitions using functionality already developed in the Common Domain Model (CDM).
NatWest Markets to Expand Chatbot for IRS Trade Execution
The investment bank is upgrading its chatbot in response to user demand for more capabilities.
TMX Forges Ahead to Offer Round-the-Clock Derivatives Trading
Despite the coronavirus, the exchange is on track with plans to offer near 24-hour derivatives trading, new interest rate contracts, and increased transparency into ESG risks.
This Week: Nasdaq, Trading Technologies/Nodal, Finantix, GLMX/UnaVista
A summary of some of the past week’s financial technology news.
TP Icap Preps African Data Package
The broker's new dataset covering the region is in response to increased client demand for data on sub-Saharan Africa, and increased investment in the region.
TP Icap Digs for Data Treasure on Faraway Shores
TP Icap is expanding its coverage of region- and asset class-specific data.
Thomson Reuters Taps Dealerweb for US Treasury Data
The Dealerweb content will provide a like-for-like replacement for Brokertec data, which was previously provided by Icap.
Will Eonia Sink or Swim in Hunt for Euribor Replacement?
The European Central Bank has intervened to rescue stalling benchmark reform and find a new risk-free rate for swaps. But the Eonia rate has seen dwindling transaction volumes in recent years, and while the ECB’s new overnight rate is regarded as the top…
Fenics to Carry China Data from CCT-BGC
The deal provides worldwide distribution of CCT-BGC's data, while expanding Fenics' portfolio of international content.
Eris Bows Streaming Prices for 3-, 4-Year Contracts
The move is in response to clients demanding liquidity in less active tenors for trading and hedging purposes.
Icap Bows Euro IRS Index on Bloomberg
The index data will help firms hedge IRS positions and create structured products strategies.
Bloomberg Begins Publishing Japanese IRS Data
The new data accompanies the launch of Bloomberg's Japanese Electronic Trading Platform on Sept. 1.
Tradeweb Adds Japanese ETP as New Trading Rules Come Into Force
Rate swaps first to be executed on the platform.
Bloomberg Multilateral Trading Facility Launches Following FCA Approval
Bloomberg Trading Facility receives UK Financial Conduct Authority to trade interest rate swaps and credit default swaps.
GFI Bows CME–LCH Cleared Spreads Data
The new service will provide data on the spread between contracts cleared on CME versus those cleared on LCH
Tradeweb Completes First On-SEF MBS versus Swap Packaged Trade
Trade executed before no-action relief expires tomorrow.
VWD Eyes Content Pipeline for New Swap Calculator in Market Manager
The new upgrade targets content, look-and-feel and usability.
Beast Apps, Icap, CME Ally on OTC vs. Exchange-Traded Analysis Tool
The application displays and analyzes trading opportunities between Icap's OTC brokered derivatives and CME's listed futures markets.