MARKET NEWS
Justesen joins Muzinich
Jakob Justesen has joined Muzinich as a fixed income trader. He is based in London.
Privately owned investment firm Muzinich specialises in public and private...
FIM Partners appoints emerging market debt trader
FIM Partners has hired Nicholas Nellis as a portfolio manager and trader focused on emerging-market debt.
He joins the London and Dubai-based investment manager after...
UK bond CTP suspension lifted
Etrading Software can finally sign the UK bond consolidated tape provider contract, with Ediphy consenting to the High Court suspension being lifted.
CEO Chris Murphy...
New Issue IQ, Boltzbit partner on primary market automation
Bond issuance fintech New Issue IQ has partnered with AI firm Boltzbit to improve its processing operations, seeking to automate a traditionally manual area...
CME Group outage boosts FMX’s case, BofA says
CME Group’s market outages were resolved at 8:20 CT on 28 November, after a less-than-restful Thanksgiving for the organisation. But while it’s back to...
Collins leaves Trumid for MarketAxess
Gav Collins has swapped Trumid for MarketAxess, being named head of the transformation office.
Based in London, Collins will work on the firm’s long-term strategic...
FEATURES
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
Trade size growth undercuts European bond market ‘equitification’
Since 2023 European corporate bond markets have seen trades size grow, as trading platforms report increasing volumes
“If we break down electronic trading growth in European...
The pretenders, and kingmakers, to the bond throne
Dealers are backing several new trading platforms who are fighting major incumbents for market share.
In the bond market, the trading platform landscape has been...
Declaration of dependence
US president to oversee financial institution regulation amid deregulation drive.
Executive orders signed by US president, Donald Trump, have given him oversight of all US...
PROFILES
RESEARCH
Bond traders predict data science/AI use explosion in 2026
The DESK’s Corporate Bond Liquidity Access Survey, supported by LTX, finds trading desks are on the cusp of change.
Buy-side traders see 2026 as a turning...
Subscriber
Credit Spotlight
RISK & RETURN
FROM THE ARCHIVES
Tradeweb monthly ADV up 20% year-on-year
Market operator Tradeweb has reported a total trading volume of US$19.8 trillion for August 2021 across its electronic marketplaces for rates, credit, equities and...
Lothian joins SMBC Nikko Securities America; BNP Paribas poaches Guglieri
Andrew Lothian, a veteran of the credit trading markets, has joined SMBC Nikko Securities America’s credit trading desk. Lothian, whose career as a trader...
The changing liquidity picture for fallen angels and rising stars
When a company has its credit rating adjusted, the impact on bond liquidity is not entirely predictable. In a changeable rate environment as seen...
Cosaic and Reformis partner to drive interoperability on buy side
Workflow solution provider, Cosaic, has partnered with Reformis. is a technology consulting firm for the investment management industry to bring interoperability to buy-side firms...
On The DESK: Tobi Molko, Bridgewater Associates
Talent acquisition, automation and the protection of trade data in the year ahead are key priorities for Tobi Molko, head of trading execution at...
Opportunities in e-trading credit derivatives
Credit futures and swaps complement each other by providing investors with different but interconnected tools to manage credit risk, hedge exposures, and to gain...
AFME welcomes political agreement over CSDR mandatory buy-in
The Association for Financial Markets in Europe (AFME) has welcomed political agreement regarding the European Union's refit of the Central Securities Depositories Regulation (CSDR)....
On the Desk: David Walker – Trading with your feet on the ground
David Walker, head of fixed income trading at M&G Investments, discusses no-ego trading, the importance of direct contact with markets, and strong banks relationships.
How...
UBS Execution Hub hires multiple senior buy-side traders as expansion continues
According to an internal memo, as seen by The DESK, Ian Power has joined UBS Execution Hub as head of UK execution, one of...
Rules and Ratings: Fannie Mae and Freddie Mac – Is the end of the...
On the last trading day of 2024, shares of Fannie Mae and Freddie Mac surged between 20% and 30% as 2024 ended, catalysed by...
European Women in Finance : Diana Biggs : Driving digital change
Diana Biggs, Chief Executive Officer of Valour, got her first computer when she was just four years old. So it is unsurprising that her career...
Coalition Greenwich: Top market structure trends for 2023
“We are about to see how changes in global market structure and regulation that started to play out in 2022 will impact markets in...
