TP ICAP Group has launched RealQ, an institutional credit trading and data platform that integrates Neptune Networks’ dealer data with Liquidnet Fixed Income’s electronic trading capabilities. The platform follows TP ICAP’s acquisition of Neptune Networks in partnership with nine global banks in 2025. RealQ combines Neptune’s network of 34 global banks providing axe and inventory…
Investors shifted away from technology shares towards cyclical stocks on Thursday after Broadcom reported weaker-than-expected earnings, raising fresh doubts about whether massive capital expenditures on artificial intelligence will deliver returns commensurate with recent valuations. The Nasdaq 100 fell more than 1 per cent during the session, while the Dow Jones Industrial Average reached a record…
AM Best has affirmed its A+ (Superior) financial strength ratings for Mitsui Sumitomo Insurance Company and Aioi Nissay Dowa Insurance Company, the two core non-life operating units of Japan’s MS&AD Insurance Group Holdings. The rating agency simultaneously assigned an A+ financial strength rating to MSIG Specialty Insurance America, a newly formed excess and surplus lines…
The Securities Industry and Financial Markets Association has recommended a full market closure on June 19 2026 for trading of US dollar-denominated fixed income securities in the United States, United Kingdom and Japan. The closure marks the observance of Juneteenth National Independence Day, a federal holiday in the US. The recommendation applies to US dollar-denominated…
Tradeweb Markets recorded $62.3tn in total trading volume for May 2026, with average daily volume rising 18.3 per cent year on year to $3.0tn, the electronic trading platform operator said. The Nasdaq-listed company set new records for average daily volume in rates futures and repurchase agreements during the month. US government bond average daily volume…
Trumid, the electronic bond trading platform, reported record average daily volumes of $10.4bn in May, a 53 per cent increase from the same month last year and more than double the rate of growth in the broader US corporate bond market. The New York-based company said its overall market share rose 27 per cent year-on-year,…
AM Best has affirmed its A- (Excellent) financial strength rating for Ansvar Insurance Limited, the Australian subsidiary of UK-based Ecclesiastical Insurance Office, with a stable outlook. The ratings agency said the affirmation reflected Ansvar’s “very strong” balance sheet strength, supported by risk-adjusted capitalisation at the strongest level as measured by Best’s Capital Adequacy Ratio at…