Bloomberg
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 .
Grantham to set up hedge fund services firm
Veteran convertible bond analyst Jim Grantham is set to launch a firm called Conv.Biz, aimed at providing a range of services to hedge funds.
Icap to add trading functions to i-Swap
Faster-than-expected advances in electronic derivatives trading have forced inter-dealer broker Icap to step up plans to launch its own electronic swaps trading platform.
Algo and Bloomberg release enhanced risk service
Toronto-based Algorithmics and Bloomberg released a new version of Algo Risk, a market and trading risk solution, at Algorithmics' annual user conference being held in Boston, Massachusetts this week.
Algo and Bloomberg release enhanced risk service
Toronto-based Algorithmics and Bloomberg released a new version of Algo Risk, a market and trading risk solution, at Algorithmics' annual user conference being held in Boston, Massachusetts this week.
Barclays Capital introduces electronic dollar interest rate swaps trading
Barclays Capital has enabled users of Bloomberg Professional to trade dollar interest rate swaps electronically via its automated real-time execution platform, Barx.
UBS executes Bloomberg futures trades
UBS Investment Bank has become the exclusive executing broker for Bloomberg's Tradebook alternative trading system on the Chicago Board of Trade, Chicago Mercantile Exchange, Eurex and Euronext.liffe futures exchanges, reports Risknews’ sister…
Hong kong consultancy Risk Latte plans South Korean volatility index
Risk Latte, a Hong Kong business consultancy, plans to launch a volatility index for South Korea in the first half of 2004, according to RiskNews ' sister publication Inside Market Data .
JP Morgan Chase and Morgan Stanley launch Trac-x Australia
JP Morgan Chase and Morgan Stanley launched the Trac-x Australia index today, the latest addition to the Trac-x global suite of credit default swap indexes created by both firms.
Reuters sues Bloomberg over alleged FX patent infringement
US trading technology firm Bloomberg could be forced to stop using parts of its foreign exchange matching and conversational dealing technology if its UK rival Reuters succeeds in a patent infringement lawsuit.
Carr kicks off quant presentations at Risk USA in Boston
Peter Carr, recipient of Risk 's 2003 quant of the year award, discussed the pricing and hedging of volatility derivatives in the first of a series of quantitative modelling talks at Risk USA today.
Reuters FX under threat
Reuters is fighting back to secure its position in FX, following the announcement of an alliance between two rivals, reports Risk's sister publication FX Week .
Reuters plans to tackle Bloomberg in fixed income
Jon Robson, the new head of Reuters’ fixed-income business and former chief executive of Moneyline Telerate, plans to apply his strategy at Moneyline to Reuters in a bid to diminish rival Bloomberg’s share the market.
Kosda to launch benchmark CMS index
The Korean Swaps Dealers Association (Kosda) plans to launch a benchmark constant maturity swap (CMS) fixing index in December, according to Seung Won Hwang, head of derivatives marketing at Citibank and co-chairman of Kosda.
Deutsche to roll out electronic bond platform in Thailand
Deutsche Bank’s global markets business unit plans to roll out its eCommerce bond and credit note trading platform in Thailand by the end of the month. Called ‘Autobahn’, the platform will trade Thai government bonds via Bloomberg terminals. The move…
Thomson reorganises in Europe and targets low-cost data provision
Thomson Financial Europe has promoted its sales and trading head, Donal Smith, to the newly created position of chief operating officer as part of a reorganisation today that centralises sales, application and product management, and customer services…
CSFB launches fixed-income indexes on Bloomberg
Swiss bank Credit Suisse First Boston (CSFB) has released its Liquid Global fixed-income indexes on data vendor Bloomberg's data terminals. CSFB clients will be able to access all of CSFB's liquid bond indexes, including the Liquid US Corporate Index …
SGX and Tocom sign licensing agreement with Platts
The Singapore Exchange (SGX) and the Tokyo Commodity Exchange (Tocom) have signed licensing agreements with energy information provider Platts, a division of the McGraw-Hill Companies, to use Platts' Middle East benchmarks for the SGX and Tocom Middle…