Banc One Capital Markets, Goldman Sachs, HSBC, and Spear, Leeds & Kellogg have joined MarketAxess’s Internet-based, multi-dealer trading platform for credit products, bringing the total number of market making dealers to 16. The firm added that trading volume grew in the fourth quarter, bringing 2002 total volume to $48.4 billion. Trading volume for 2002 shows a 316 percent increase over 2001 total volume of $11.6 billion. Trading volume in the fourth quarter alone reached a record $17.7 billion, a 48 percent increase over third quarter 2002 volume of $11.9 billion and a 265 percent increase over fourth quarter 2001 volume of $4.8 billion.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.