MARKET NEWS
Private credit: “Don’t get involved now!”
Louis Gargour, chief investment officer at LNG Capital gave this late-cycle warning at a FILS panel dedicated to alternative investment in private credit. He...
“Vested interests” scupper primary markets electronification progresses
Bond markets are electronifying fast in secondary markets and efforts have been made in primary markets too. However, the level of progress was hotly...
Societe Generale hires Anu Iyanda
Societe Generale has appointed Anu Iyanda as an emerging markets credit trader in London.
Iyanda joins from HSBC, where he spent over three years trading...
“Artificial Intelligence won‘t replace actual intelligence”
Rising stars of the industry are keen to embrace new technology and work with senior colleagues – and if given the right opportunities, their...
FI at “beginner’s stage of execution automation”
Traders are increasingly using new technologies to aggregate data, identify trends, and improve execution performance. The industry has long trailed equities in its adoption...
FCA estimates revenue from UK consolidated tape to be £4 million over five years
Attendees at the Fixed Income Leaders Summit in Amsterdam were told to get ready for the arrival of the consolidated tape in Europe, 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
Enrico Bruni and Troy Dixon to lead Tradeweb global markets
Enrico Bruni and Troy Dixon have been named co-heads of global markets at Tradeweb effective January 2025
Troy Dixon joins from Hollis Park Partners, a...
How traders weathered the Treasury sell-off
The US Treasury’s auction of seven-year notes last Thursday saw the lowest investor appetite ever, according to some sources, leaving primary dealers holding the...
Marc Wyatt, T. Rowe Price: On Reputation
Marc Wyatt, head of Global Trading at T. Rowe Price explains why, in an industry under pressure, standing up to your commitments is fundamental...
On The DESK : Alex Brause : The central bank’s buy-side trader
Balancing leadership and discipline with greater autonomy in trading. Alexander Brause speaks to The DESK and explains his role as head of fixed income...
Buy side hails positive development of STP for bond issuance
Risk warning lights flashing on buy-side trading desks could be assuaged thanks to industry collaboration on primary markets.
It seems incongruous that the 50-year old...
Fusan Exchange issues tokenised sukuk backed by sovereign-linked instrument
Fusang Exchange, a digital stock exchange operator regulated and supervised by the Labuan Financial Services Authority in Malaysia, has tokenised and listed a digital...
Matt Howell: Building a centre of excellence for derivatives trading
Matt Howell reveals how T Rowe Price optimised its derivatives trading capabilities ahead of the expected boom in trading activity this year.
How are the...
Flow Traders joins Neptune as first non-bank sell-side participant in Europe
Flow Traders will become the first non-bank sell-side participant in Europe on Neptune Networks, the fixed income platform for disseminating real-time axe data.
Byron Cooper-Fogarty,...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
AT1 trading volume was elevated a week ahead of Credit Suisse wipe-out
Trading in AT1 bonds spiked on Monday 20th March as a result of the Credit Suisse rescue at the weekend, with one platform trader...
Rising rates hit high yield availability
Despite some optimistic outlooks on bond issuance in 2023, high yield bonds are clearly seeing a decline in Europe, based on data from the...
Asset managers offering lower discount to promote new bond fund launches than equity funds
The launch of 'early-bird' share classes by asset managers is no longer uncommon in Europe according to research firm Fitz Partners, which now tracks...
