SEC Chair Gary Gensler is calling for a revamp of operations for U.S. fixed income markets — representing $53 trillion in securities — and is calling for price transparency, faster bond reporting, and more transparent post-trade processes, arguing that a new openness would improve counterparty risk management, bolster evaluations of trade execution quality, and increase… Read More >>
EBS Direct Uses FIX 4.4 for Application Links
EBS Direct to Use FIX 4.4 API EBS BrokerTec, the electronic foreign exchange (FX) and fixed income business group of interdealer broker ICAP, reports that end-users can connect to its FX platform — EBS Direct via a FIX version 4.4 application programming interface (API). The Financial Information eXchange (FIX) protocol for electronic trading is overseen… Read More >>
MTS Repo Wants to Shake Up Triparty Collateral Management
As fixed income markets tighten, one vendor has introduced a solution that can create efficiencies to boost the bottom line for repo transactions. European platform, MTS Repo, has integrated the X-COM triparty collateral management solution of post-trade services provider Monte Titoli, in a move it claims will “limit risk exposure, increase returns and reduce capital… Read More >>
