Securities Finance

Tokyo Stock Exchange Consults Market on JGB Futures

The Tokyo Stock Exchange (TSE) has published the results of the questionnaire it issued to market participants earlier this year to study the impact of record low interest rates on ten year JGB futures contracts. Essentially, it asked whether the

Sad Cantor Moves to New Home

Cantor Fitzgerald, which lost 658 employees and its 250,000 square foot headquarters in the World Trade Center atrocities, is moving to new but still temporary office space on 57th Street and Lexington Avenue in Manhattan, Cantor Fitzgerald and eSpeed Chairman

EuroMTS Expands Into Irish Government Bonds

EuroMTS has announced plans to expand into the last member state of the euro to remain outside its grasp Ireland. An Irish government bond division, named MTS Ireland, will go live in June this year. The six primary dealers in

BNY Hires Malgieri to Replace Parkes

The Bank of New York announced today that James Malgieri will replace Shaun Parkes as head of global collateral management. Parkes left in September to join Deutsche Bank. Malgieri, who joins as Managing Director and Product Manager of Global Collateral

Bond Market Association Favours Disintermediation of Brokers

The ability for sophisticated municipal market professionals (SMMPs) to have full access to electronic platforms without an intermediating dealer to perform fair practice obligations will spur the on line trading of municipal securities, The Bond Market Association emphasized in a

OM Strengthens Relationship with BrokerTec

OM and BrokerTec have signed a new and extended agreement to further strengthen the cooperation between the two companies. The initial agreement between OM and BrokerTec, announced in December 1999, encompassed OM supplying BrokerTec with electronic, inter dealer trading platforms

Olesky Switches From BrokerTec to TradeWeb

Electronic interdealer bonds and repo broker BrokerTec Global LLC's European head Lee Olesky is to join another electronic broker TradeWeb Group, the companies said on Friday. Olesky leaves BrokerTec Europe, where he was president and chief executive officer, and joines