May 12-Stamford, CT--Mischler Financial Group (“MFG”), the financial industry’s oldest minority investment bank and institutional brokerage owned and operated by Service-Disabled Veterans, announced today that in recognition of the upcoming Memorial Day celebration, the firm has pledged a percentage of its entire May profits to Veterans Education Challenge, (VetEdChallenge) a donation-based…Read More

NEW YORK (Reuters) - Federal authorities investigating the market-making arms of the $25bil hedge fund Citadel LLC and broker KCG Holdings Inc, are looking into the possibility that the two giants of electronic trading are giving small investors a poor deal when executing stock transactions on their behalf. The Justice…Read More

Bloomberg LP's agency broker Bloomberg Tradebook is continuing to grab market share in the ETF execution space thanks to introducing a blockbuster approach that has proven to work across a universe of hard-to-trade financial instruments: RFQ ("Request For Quote"). The "Bloomberg ETF RFQ" tool, which, according to a statement issued by Bloomberg…Read More

(FinanceMagnates.com) Supporters of Tom Hayes, the former UBS rates trader and the first person to be convicted for the manipulation of the London Interbank Offered Rate (LIBOR), have launched a crowdfunding appeal via UK platform Fundrazr to raise £150,000 ($217,403) to underwrite a further appeal against his conviction. The former…Read More

Cheryl Cargie, head trader at buy-side fund manager Ariel Investments in Chicago, said that while the buy side is looking for more from its sales trader coverage, it depends on whether a buy side trader is representing a passive or active strategy. For a veteran with over 20 years in…Read More

Memo: To Whom It May Concern: Inflation Risk is Back In Play Below is a special edition of global macro commentary courtesy of Stamford-based think tank Rareview Macro LLC, the publisher of "Sight Beyond Sight." The following has been excerpted by the curators at MarketsMuse and republished with permission from…Read More

Call it a Rat's Nest, a Rabbit Hole, or a Rubik's Cube, but no certified marketsmuse can dispute the fact the ETF industry has become a Spider's Web of complexity when it comes to the assortment of products being promoted. And, who more qualified to advocate on behalf of a…Read More

On the heels of this past week’s near record-breaking investment grade corporate debt issuance courtesy of multiple Fortune companies who are seizing the moment insofar as the current low rate regime, Toyota Motor Credit Corp (TMCC), the financing arm of the world’s largest car maker did something different yesterday in…Read More

(RaiseMoney.com)-French broker-dealer BNP Paribas "gets the joke" when it comes to fintech applications for equity crowdfunding and is embracing blockchain technology to advance their vision. A subsidiary of BNP Paribas Group has announced a partnership that will find it leveraging blockchain technology to enable private companies to issue securities via equity…Read More

Blythe Masters, the former grand dame of derivatives for investment bank JP Morgan, who after a less-than-glorious exit from her senior role overseeing credit derivatives for House of Morgan and who reinvented herself as a blockchain babe and leads digital ledger startup Digital Asset Holdings, has proven that every cute…Read More

BNY Mellon 'Gets It' and Also Gives It Back. With close-on $29Trillion in deposits and $1.3Trillion in AUM, BNY Mellon (NYSE:BK), the oldest bank in the U.S. is not just the country's biggest, it ranks as one of the world's biggest banks. Hundreds of financial industry professionals now working across…Read More

Within the context of market structure, the ever-evolving rules of the road for those attempting to navigate how and where to secure best pricing when executing equities orders has become so convoluted thanks to pay-to-play rebate schemes, its not only the curators at MarketsMuse who are scratching their heads, even…Read More

Symphony, the Wall Street-backed secure messaging platform first designed to displace Bloomberg LP's most ubiquitous feature and further reduce the Street's dependency and technology costs synonymous with having a Bloomberg terminal, has struck another blow in the bow of Bloomberg's boat thanks to the consortium-owned deal with electronic execution system…Read More

If not as widely-covered as the GOP or DNC primaries, financial industry publication Wall Street Letter ("WSL") held its 5th Annual Institutional Trading Awards ceremony last night at NYC venue 583 Park Avenue and recognized best-in-class broker-dealers across 7 major categories, including Best Broker Dealer (OverAll), Best Broker-Dealer Research, Best…Read More

Announced after the close of trading on Thursday, Goldman Sachs $5.1 billion settlement with the U.S. Department of Justice, AGs from NY and IL and two other federal agencies in connection with the big bank's underwriting and sale of mortgage-backed securities (MBS) sounds whopping, but seemed to have little impact…Read More

(MarketsMuse courtesy of Chicago Tribune)-The notion of a secondary trading market for crowdfund investments is not new--a topic that MarketsMuse has profiled more than once during past several months, but those efforts have been more noticeable outside the US. That's now changing. Chicago-based CFX Markets launched a platform Tuesday allowing crowdfunding…Read More

(Bloomberg LP reporting via TradersMagazine) -- Dan Mathisson, aka "Mr. Algo", the executive who helped build Credit Suisse Group AG into an electronic-trading powerhouse over the past decade, plans to leave the bank at the end of next month, according to people familiar with the matter. Mathisson, who most recently…Read More

To kick off the 2016 debt market outlook, MarketsMuse fixed income curators are looking forward to the next Caribbean boondoggle, and in that spirit, we extend a shout out to Ron Quigley, one of the primary debt capital market's top pulse-takers who also goes by the title Head of Fixed Income Syndicate…Read More