Current Feed: http://www.tradeweb.com/news/rss/rss.xml
Tradeweb Statement on Derivatives Reform
Tradeweb supports the passing of today's historic financial reform legislation. We believe that this new regulatory framework will drive the majority of over-the-counter derivatives trading to electronic platforms. However, history teaches us that the inevitable compromises made in the legislative process can lead to ambiguities as reforms are implemented.
BP Spill Polluting Other Companies in Oil Industry
As the BP oil spill now enters its third month of uncontrolled gushing into the Gulf
of Mexico, the enormous financial impact of the incident has begun to take its toll
on the credit risk of the entire oil industry. By tracking asset swap spreads for a
representative group of oil and exploration companies that includes BP, Shell, Total
and Repsol, Tradeweb has found that even companies unrelated to the Gulf spill
have seen their spreads widen dramatically.
Winterflood Signs IOI Distribution Agreement with Autex
Tradeweb announced today that Winterflood Securities Limited is the latest sell-side participant to join Autex, the pioneer in IOIs and FIX connectivity.
Peripheral Euro-Zone Corporate Credit Spreads Widen Amid Crisis
Despite the sweeping bailout package and a government bond buying spree by European central banks, the Euro-Zone crisis is starting to impact corporations' ability to raise new capital. Spreads have widened considerably on credits for corporations based in the peripheral Euro-Zone countries - Portugal, Italy, Ireland, Greece and Spain - relative to those in the core European markets of Germany and France according to Tradeweb data.
Interest Rate Swaps Market Maintaining Liquidity Amid Strain in Euro-Zone
As the Euro-Zone credit crisis intensifies, the interest rate swaps market is showing
resilience, according to Tradeweb. Globally, trading in all interest rate swaps on the
Tradeweb platform has increased by more than 60% year to date compared to the
same period in 2009. Average daily trading volume now exceeds $5 billion, with a
DV01 average of more than $2 million in May.
Electronic Swaps Trading Surges as Pressure for Increased Oversight of OTC Derivatives Trading Grows
Tradeweb today announced that institutional trading of interest rate swaps on its multi-dealer-to-client marketplace increased by more than 71% in the first four months of the year, compared to the same period in 2009.
Direct access to Asian-based crossing network CLSA'S BlocSec is available via Autex Trade Route
Tradeweb and BlocSec, the first Asian dark pool which caters to both buy-side and sell-side investors, announced today the availability of direct access to Asian-based crossing network BlocSec via Autex Trade Route, a leading global FIX network.
Increased activity in UK inflation market
The inflation-linked security market is showing signs of renewed activity, following the increase in UK CPI reported this year. UK inflation increased from 3% to 3.4% in March and market participants have been increasing their participation in the Index-linked sector to express their views on the future of inflation and real rates of return in the UK.
Subscribe
