J.P. Morgan, Citi were instrumental in establishing the service with AccessFintech.
A physically deliverable futures contract will strengthen the liquidity in EU bond markets.
This enables Hidden Road to expand its recently launched fixed income prime brokerage platform.
Rates business reported a single-day record of $102.3bn U.S. Government Bonds notional traded on April 9.
Fixed Income Clearing Corporation processed a series of record volumes last week.
Miguel Cota talks about the volatility in fixed income and contagion risk in global markets.
The fixed income market needs increased automation, connectivity and efficiency.
This is an important step towards providing more flexible liquidity management possibilities.
New capabilities and continued volatility should help drive higher market share in U.S. credit.