Market-making
Nasdaq energy futures face liquidity challenge
Traders say new exchange may struggle to compete with CME and Ice
Profile: UBS on the past and future of fixed income
Swiss bank's fixed-income trading floor is home to two distinct businesses
Dark pools and platforms vie to fix credit markets
A side-effect of tough bank capital rules could be the rise of dark pools for credit trading
What links Schumpeter, market structure and Basel III?
Regulators are hoping higher capital levels will translate into healthier markets
Currency manager calls for Swiss franc liquidity inquest
Evaporation of liquidity on January 15 caught traders by surprise
CFTC close to 'game-changing' guidance on Sef anonymity
Agency could prevent Sefs from revealing identities of order book participants
Buy-side firms reject market-making role
Client mandates and compliance mean dealers cannot be replaced like-for-like
Trading technology product of the year (vendor): Algomi
Risk Awards 2015: Software is like Facebook for bond traders - but useful
Energy traders mine Dodd-Frank data for market insight
SDR data feeds offer window into OTC commodity derivatives market
BIS says central banks should prepare for market-making in crises
Central banks could consider direct interventions in critical markets
Citadel's Ken Griffin on Amazon, Bloomberg and swap market reform
"Buy-side firms say they want more liquidity and choice. Now, they have choice"
Citadel prepares for swap market-making role
Hedge fund builds on equities and options operations
Labour tax threat to ‘kill markets in UK equities’
Hedge funds in Miliband's sights, but full scope of tax measure unclear
Battle lines drawn as hedge funds eye bank businesses
Lack of long track record may deter investors
Robot risk managers excite swap market-makers
Banks hope auto-hedging algorithms will cut costs, boost volumes
Citadel and Virtu prepare for tilt at OTC market
Non-bank dealers are connecting to Sefs and conducting test trades
Commodity desks breathe sigh of relief over Volcker
Dodd-Frank rule seen having muted impact on market-making by banks
Investors poised as banks weigh fixed-income spin-offs
Ultra-high-net-worth investors ready to sink $300 million into market-making revolution
Prop shops to rival dealer market-makers on broker Sefs
Impartial access rules for Sefs allow firms to gatecrash interdealer market
Meet the new OTC market-makers
New swap trading platforms are often seen as a way of levering open the OTC market for a range of non-dealer market-makers – from opportunistic buy-side firms to aggressive Chicago prop shops. But how many of these firms are serious, and what difference…
Vague Volcker causes confusion
Vague Volcker bemuses
Oil majors step up commodity derivatives market making in Asia as banks cut back
Handicapped by tighter regulations, banks have ceded derivative market-making share to oil majors such as BP and Shell
CVA desks could struggle with Volcker correlation tests
Banks turn to lawyers for advice as CVA functions face tougher conditions than other trading desks
Exemptions in the balance as Volcker debate draws to a close
Two years on from its first draft, the Volcker rule is close to being finalised, but some regulators are still trying to close what they see as loopholes – and dealers see as vital freedoms