Bloomberg
Wheels fall off LiquidityHub
London-based liquidity aggregation platform LiquidityHub stopped operating last week, having endured a lack of market interest in the face of the credit crunch.
UBS and Bloomberg launch CMCI Food Index
The new UBS Bloomberg CMCI Food Index provides direct exposure to the food sector.
LiquidityHub adds dollar interest rate swaps
London-based electronic trading consortium LiquidityHub today added dollar interest rate swaps to its fixed-income liquidity-aggregation system.
JP Morgan designs emerging-market forex carry index
JP Morgan has created an index that seeks to exploit the carry trade in emerging-market currencies.
Diamond derivatives draw concern after Antwerp talks
Worries have been raised in the diamond industry about plans aimed at creating a derivatives market in the gems, which were aired in Antwerp last week.
LiquidityHub expecting launch in Q3
London-based electronic trading consortium LiquidityHub plans to start distributing the liquidity of 15 banks in interest rate swaps by the third quarter of this year.
Trading platforms strike deal with LiquidityHub
LiquidityHub, the London-based electronic trading consortium, has signed agreements to distribute its liquidity in the interest rate swap and US Treasury bond markets across the Reuters and Bloomberg trading platforms.
Working group to set up diamond derivatives
After a meeting with the International Swaps and Derivatives Association, UK-based cut diamond market data provider Polished Prices is putting together a working group aimed at creating a market in diamond derivatives.
JP Morgan launches implied volatility indexes
JP Morgan has launched indexes tracking the level of implied volatility in G7 and emerging-market economies.
First moves on diamond derivatives
UK-based diamond market data provider Polished Prices, with New York-based news service Bloomberg and three international banks, has published a discussion paper on developing a market for diamond derivatives.
LiquidityHub hires chief executive
Robert MacLeod has been made chief executive of London-based LiquidityHub, a venture that aims to electronically pool the fixed income liquidity of 11 investment banks.
Bloomberg provides STP for credit derivatives
Bloomberg has linked up with New York-based technology firm T-Zero to provide its users with an electronic affirmation process for credit default swaps (CDS). T-Zero’s straight-through processing (STP) will allow users to capture and communicate trade…
Bloomberg and six banks in IR trading joint venture
Six international banks and financial information provider Bloomberg have launched a joint venture company to operate an online interest rate derivative trading platform.
CSFB launches longevity index
Credit Suisse First Boston released the first-ever longevity index today, which it hopes will enable standardised structuring and settlement of longevity risk transfer instruments such as swaps and structured notes.
Amro launches electronic Swiss franc swaps platform
ABN Amro has launched an electronic Swiss franc interest rate swaps trading platform on Bloomberg.
Capital modelling: Correlations in ESGs
Hoping to gain a competitive edge, leading life companies are demanding more control of their capital calculations, but can their ESG suppliers keep up with the demand?
JP Morgan joins Bloomberg SwapTrader
JP Morgan has become the latest investment bank to provide prices through SwapTrader, Bloomberg’s multi-dealer euro interest rate swap dealing platform for end-users launched in February, signalling a further move towards the electronic execution of…
Bloomberg and TradeWeb enter multi-dealer electronic swaps trading fray
Competition in dealer-client electronic euro swaps trading is heating up with the launch of two new 'request-for-quote' (RFQ) multi-dealer interest rates swaps platforms in quick succession.
Wachovia seeks to improve risk data
Wachovia is implementing the AC Plus data management system from Dutch vendor Asset Control within its corporate investment bank to improve risk management.
Credit correlation model debuts on Bloomberg
Morgan Stanley’s credit correlation model has been made available on Bloomberg today. The model can be used to price basket and single-tranche credit derivatives.
RBS to offer interest rate swap trading through Bloomberg
Royal Bank of Scotland’s (RBS) London-based Financial Markets division has expanded its Bloomberg Electronic Trading offering by adding euro interest rate swaps.
JP Morgan Chase launches Asian currency index
JP Morgan Chase and market data vendor Bloomberg have teamed up to launch a tradable index of currencies from Asian emerging markets.
ABN Amro launches electronic CDS trading platform
ABN Amro, the Dutch banking group, has launched an auto-execution trading platform for the credit default swaps (CDS) market. The system will be available through Bloomberg terminals.
Bloomberg and Cognotec partner on streaming FX rates
Bloomberg is bringing streaming foreign exchange rates to users of its Bloomberg Professional terminals, courtesy of a joint venture with forex vendor Cognotec, the two firms will announce today, reports RiskNews’ sister publication FX Week .