RBC Capital Markets paid more than $800,000 to resolve charges that it engaged in unfair dealing in munis.
Electronification of the municipal bond market also presents a large opportunity.
The success of Northbound trading showed electronic execution is way forward for the bond market.
Investors will be able to better assess the economic stability and creditworthiness of issuers.
Nivaura has named a new CEO and Liquidnet Primary Markets is launching.
The platform is simplifying the primary issuance process for fixed income.
BIS Innovation Hub's first green finance project will enable real-time tracking of environmental outputs.
A minority of fixed income flow is executed using automation.
Investors want to understand potential social impact of municipal bonds.