ECB reveals early COVID-19 impact on securities and OTC derivatives
Credit terms remained broadly unchanged for almost all counterparties but are expected to tighten significantly the next reference period.
Dealing & Trading
Background
All corporate treasury departments deal in one or more of the following financial instruments: FX, money market, interest rate derivatives, equities and commodities. Mostly the corporate treasury…
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COVID-19 vs the global financial crisis - key differences
A credit markets review and outlook of the current crisis from Moody's shows that, unlike 2008-2009, few speak of a credit crunch.
Tech spending driving increase in buy-side trading desk budgets
Greenwich Associates data shows desks trading less liquid asset classes allocate more to technology.
Deutsche Bank’s “The COVID-19 corporate checklist”
Guidelines for consideration in the weeks ahead
Corporate MMF assets grew 38% in 2019 on ICD’s portal
The investment portal also recorded its strongest ever revenue quarter, with 24% year on year growth in Q4 2019.
Coronavirus fears weigh on equities
Danske Bank Insight considers the impact of the virus on financial markets.
Paxos begins settling US securities trades for Credit Suisse and Instinet
It is the first time that blockchain-enabled settlement has been used in a live environment for US listed securities.
ING selects Tradeteq to distribute commodity trade finance exposure to non-bank investors
Global investment manager Federated Hermes is also using the platform.
Deutsche Bank partners with SimCorp on integrated fund services solutions in Asia Pacific
The agreement builds on a 14-year partnership between the bank's securities services business and the vendor.
OpenDoor opens continuous order book for illiquid US treasuries
State Street will execute transactions matched on the platform.
E-trading growth in Europe benefitting dealers
US banks show strongly in Greenwich Associates Share and Quality Leaders in European Fixed Income report.
J.P. Morgan Securities open for business in China
Approval from the China Securities Regulatory Commission came through at the end of 2019.
Top 10 market structure trends for 2020
New Greenwich Associates report finds that technology will continue to drive financial market evolution in the new year.
GF Securities (Hong Kong) selects new equity trading platform
The Chinese brokerage firm will use the ION Fidessa solution to support its international capital markets clients.
Broadridge introduces AI platform for reconciliation, matching and exception management
Intelligent Automation is designed to bring new levels of productivity and efficiency to the middle and back office.
First live transactions made on Deutsche Börse-HQLAx securities lending platform
Launch of the DLT-based operating model saw Commerzbank, Credit Suisse and UBS execute live transactions.
Bank of Communications and Bloomberg form global technology and data partnership
Both companies will explore collaboration in customised indices for the China market.
Sberbank secures blockchain repo patent
The solution, developed entirely by the bank, automates repo deals via blockchain.
Deutsche Bank introduces WeChat on Symphony
Chinese corporates will be able to use the WeChat integration in the FX trade process.
Deutsche Bank opens commodity custody services market in India
Initial SEBI approval allows for custody services in gold, crude and natural gas, and commodity indices.
Liquid alternative ETFs set for growth, research finds
Greenwich Associates projects institutional investment in liquid alternative ETFs climbing to approximately US$114bn this year.
Paxos receives SEC go ahead to settle US listed securities
Credit Suisse and Société Générale will be the first to use the blockchain-enabled settlement product.
Commerzbank, Deutsche Börse and MEAG advance DLT use in post-trade services
Settlement via securities and cash tokens and further use as collateral at a central counterparty, within a binding legal framework.
CME Group to offer real-time market data via Google Cloud Platform
Market participants can access CME Group's market data through the cloud from anywhere in the world with an internet connection.