MarketAxess, the Internet-based, multi-dealer trading platform for credit products, has added a new feature – ‘Auto-spotting’ – which uses live dealer-supplied U.S. Treasury price feeds to progress trades instantaneously from spread to Treasury spot to final price. According to the firm, the traditional phone-based process for trading corporate bonds – a multi-step iterative process involving several people that can take 5 minutes or more to complete – can be compressed so that institutional investors can execute trades with their dealers in seconds. In April, volume reached a new monthly record of $3.4 billion and year-to-date volume surpassed total 2001 volume, the firm said.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more