MARKET NEWS
Bonds.com integrates RFQ into corporate bonds order book
Bonds.com has added a request for quote (RFQ) protocol to its corporate bond order book, using MultiLynq’s multi-dealer messaging and connectivity capabilities.
Operated by interdealer...
Propellant adds TRACE data to global FI data platform
Propellant Digital is adding TRACE data to its global fixed income data platform, increasing its coverage of US and European bond and derivative data.
Vincent...
Bloomberg’s open chat API creates exciting but costly opportunities
Bloomberg’s cross-firm chatbot API service can save companies time as they share information. But they are also expensive, and present firms with a fresh...
FILS EU 2025: Traders need to take control of their future
While the European and UK consolidated tape fiascos are dominating gossip around the Fixed income Leaders Summit in Amsterdam, other big themes are clearly...
European credit trades size up 15% year on year Q3
European credit trades keep getting larger. The notional blended trade size for Investment grade and high yield European credit was €786k in September 2025...
FIX and ICMA collaborate on axe quality improvement initiative
The FIX Fixed Income Axe Standards Working Group is leading an initiative to improve the quality of axes in bond trading, in partnership with...
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...
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Credit Spotlight
RISK & RETURN
FROM THE ARCHIVES
Effecting change without disruption
LSEG has built a suite of services that can be used with minimal friction and maximise the capacity to trade effectively.
As clients face a...
Octaura and Allvue push ahead on loan market electronification
Octaura and Allvue have partnered to boost electronic trading in loan markets, combining their solutions for alternative asset manager ICG.
Octaura, which provides electronic trading,...
Enhancing trading through better surveillance
Trade surveillance, like best execution, can be harder to analyse in fixed income markets due to the complexity of instruments, access to data and...
FILS USA 2022: Beyond RFQ?
Fixed income trading is well beyond the request for quote (RFQ)-only era, i.e. when the only way for a trader to find the other...
On the Desk: Malin Norberg on buy-side trading with a P&L
Norges Bank Investment Management’s almost unique position, managing a fund with a single owner, allows it a very innovative way of trading into the...
‘Kilts’ issuance details to come after 1 April 2025
The initial phase of due diligence concerning a potential inaugural Scottish bond issuance has now concluded, with findings published by the Scottish government in...
Stephen Grady joins Lombard Odier Group
Trading veteran, Stephen Grady, has been named head of global markets and executive vice president at Lombard Odier Group, the Swiss private banking firm,...
Ilane Attias joins Citadel Securities
Citadel Securities has appointed Ilane Attias as head of continental Europe rates sales.
Attias was previously a managing director at Bank of America Merrill Lynch...
FILS in Barcelona: What will help traders best adapt to the new bond market?
Although the basic function of a trader – price and liquidity formation – has remained the same over the past two decades, the level...
BoE sets code of conduct for repo and securities lending
A new voluntary Money Markets Code setting out the standards and best practice expected from participants in the deposit, repo and securities lending markets...
Liquidnet: 39% of buy-side firms rethinking use of TCA
By Flora McFarlane.
Traditional transaction cost analysis (TCA) could be a casualty in the shifting landscape of pre- and post-MiFID II regulation, with 39% of...
Are US dealers still offsetting credit trading risks?
As US banks see credit positions turn negative, and interdealer market volumes remain flat, The DESK asks how they offset risk as their credit...
