Fixed Income Leaders Summit Singapore - China and eTrading

Fixed Income Leaders Summit Singapore - China and eTrading

The Fixed Income Leaders Summit took place last week in Singapore, bringing the buy-side, sell-side and vendors under one roof to discuss industry themes.

Steve's takeaways below -

Electronic trading discussions included the evolution of All to All venues, like MarketAxess and OpenDoor. There were also presentations and panels on using different workflows, including auctions, plus technologies that address fragmentation like Axe Trading and Algomi (and TransFICC of course).

However, during the panels it was interesting to hear some different views about eTrading. Rachana Mehta of Maybank AM and Eric Neo of Golden Horse FM commented that eTrading was only suitable for certain types of products. Whilst Sovereign Bonds and CDS could be traded electronically, Asian Credits could not, due to a lack of liquidity and thus a lack of firm prices.

Gareth Nicholson of Bank of Singapore, Pierre-Emmanuel Charlier of Pictet and Nic Yiu of Allianz, gave us a different view during the TCA panel. They highlighted the benefits of eTrading, including access to timely data from multiple sources in open formats. This is seen as key to tackling the question of how to measure TCA, especially as Fixed Income markets need to assess other factors as well as price, including methodology, size, liquidity, history etc.

On the regulation side, David McClean of the FICC Market Standards Board highlighted a recently published Statement of Good Practice for Algorithmic Trading in FICC markets : https://fmsb.com/our-publications/#3.

Lastly, it was great to see the other startup’s pitching on the Shark Tank panel : TransFICC presented alongside Bondlinc and BondEvalue. Both these firms are based in Singapore, have great teams and some interesting technology. Check out their apps on the App store or Google Play, or just take a look at the websites.


Share
Filter by section
Most popular stories
Press Release - TransFICC Opens New York Office

Press Release - TransFICC Opens New York Office

TransFICC has opened a New York office and hired Sean Murphy, Bo-Yun Liu and Khagay Nagdimov.


Read More Twitter LinkedIn
TransFICC Wins Financial News Award

TransFICC Wins Financial News Award

We were delighted to be win 'Trading Initiative of the Year' at the Financial News Excellence in Trading & Tech Awards 2023


Read More Twitter LinkedIn
The Desk - Technology & The Evolution of FI Trading

The Desk - Technology & The Evolution of FI Trading

Steve speaks with The Desk about all things tech - managing fragmentation, automating workflows, the need for speed, scalability on demand, modular tech and what's next in the evolution of the market.


Read More Twitter LinkedIn
TransFICC Secures New Investment of $17 million Led by AlbionVC

TransFICC Secures New Investment of $17 million Led by AlbionVC

TransFICC has closed a Series A extension for $17 million. Led by AlbionVC, all existing institutional shareholders took part in this investment round, which follows the original Series A for $7.8 million, announced in April 2020.


Read More Twitter LinkedIn
TransFICC Named One of The Most Influential FinTech Firms of 2022

TransFICC Named One of The Most Influential FinTech Firms of 2022

Now in its 5th year, the Financial Technologist showcases leading Capital Markets FinTechs


Read More Twitter LinkedIn
TransFICC Launches Consolidated Tape Pilot For EU Fixed Income Using The AFM Regulatory Sandbox

TransFICC Launches Consolidated Tape Pilot For EU Fixed Income Using The AFM Regulatory Sandbox

Press Release - TransFICC has announced a new initiative to develop a Consolidated Tape (CT) for Fixed Income. As part of this initiative, TransFICC has developed a production ready pilot, for Banks, Asset Managers and Regulators to test.


Read More Twitter LinkedIn
Talking with The Trade about the Consolidated Tape for Fixed Income

Talking with The Trade about the Consolidated Tape for Fixed Income

Steve speaks with Kiays Khalil from The TRADE News about the need for a Consolidated Tape in Fixed Income.


Read More Twitter LinkedIn
Speaking with The Desk about Managing Fragmentation in Fixed Income

Speaking with The Desk about Managing Fragmentation in Fixed Income

A smart application of hardware, cloud and open source technology makes for efficient trading systems and reduces the inefficiency that complexity creates


Read More Twitter LinkedIn
Mob Rules - Moving to Virtual Pair Programming

Mob Rules - Moving to Virtual Pair Programming

Like all companies, lockdown has impacted the way we work at TransFICC. We have always championed Extreme Programming as our methodology of choice, so when we decided to close the office at the start of March, this raised some issues around how we would operate with everyone working remotely.


Read More Twitter LinkedIn
All Change - Technology & Efficiency Are The (Old) New Buzzwords in Fixed Income

All Change - Technology & Efficiency Are The (Old) New Buzzwords in Fixed Income

Steve writes for The Financial Technologist - published by Harrington Starr


Read More Twitter LinkedIn
Press Release - TransFICC Secures New Investment From AlbionVC, ING Ventures and HSBC

Press Release - TransFICC Secures New Investment From AlbionVC, ING Ventures and HSBC

TransFICC has closed its Series A investment round for £5.75 million. Led by AlbionVC, it included new strategic investments from ING Ventures and HSBC. The new investors join existing shareholders, Citi, Illuminate Financial, Main Incubator (the R&D unit of Commerzbank Group) and The FinLab.


Read More Twitter LinkedIn
Twitter Feed