The four banks making markets on electronic interest rate swaps trading platform Swapstream have raised their quote sizes from around €100 million to €200 million apiece.
The US Senate Banking Committee held a hearing on Mark Brickell's nomination for director of the Office of Federal Housing Enterprise Oversight (Ofheo), the regulator for government-sponsored enterprises (GSE) Fannie Mae and Freddie Mac, this afternoon.
UK electronic information and dealing systems provider, Reuters, appears to be positioning itself for a foray into the electronic broking of interest rate swaps. The company has reached an agreement in principle to take control of the rate swaps platform...
A new survey by the New York-based Bond Market Association (BMA) has found 81 electronic trading systems currently operating in the US and Europe versus 79 last year, indicating some stability in the e-trading arena.
UK inter-dealer broker Icap has retained the services of a professional lobbying company in Washington to combat negative political sentiment and ensure the broker’s interests are fully represented on Capitol Hill.
UK inter-dealer broker Icap and information company Reuters have sold their minority stakes in Charlotte, North Carolina-based electronic inter-dealer broker Blackbird. The development effectively ends 18 months of bitter dispute between Icap and Blackbird’s...
UK inter-dealer broker Icap could face a raft of regulatory probes due to accusations that it bought a minority stake in US electronic brokerage Blackbird to stifle potential competition to its own voice-brokered business.
Blackbird, the Charlotte, North Carolina-based electronic trading system for derivatives, has secured a patent for its credit risk limit technology. The patent applies to a wide range of credit-sensitive transactions, including derivatives.