KNG Securities taps Morgan Stanley for new fixed income sales addition
New appointment previously served as part of Morgan Stanley’s emerging markets cross asset sales team.
New appointment previously served as part of Morgan Stanley’s emerging markets cross asset sales team.
The development aims to offer sell-side clients simplified integration and connectivity to LTX, reduced operational risk and implementation costs, and improved time-to-market.
Confirmation and authorisation of the new CTPs is expected to be in Q4 next year, with go live dates anticipated to be in 2026.
The combination of S&P Global’s evaluated bond pricing with MarketAxess CP+ is expected to lead to more consistent pricing and greater efficiencies across the trade lifecycle.
“The new indicators are designed to provide transparency into unexpected market moves and show how markets have acted historically, helping to determine the potential vulnerabilities around shock events,” explained BNY.
Expected to be included in March 2025, the move comes as part of Tradeweb’s “commitment to develop the next generation of fixed income pricing and index trading products for traders and investors worldwide.”
The move is aimed at facilitating more efficient trading for EU-based clients across both fixed income and equity markets globally.
“We’ve seen the adoption of EMS solutions on fixed-income trading desks continue to grow this year, and we expect it to accelerate further as we move into 2025,” Andy Mahoney, managing director, EMEA, FlexTrade tells The TRADE.
Glimpse describes the partnership as being a “game-changer” for its network and a step forward on its journey to democratising data access for the buy-side.