MARKET NEWS
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...
BNP Paribas loses Puget to BlueCrest
Francois Puget has joined fixed income macro trading firm BlueCrest Capital Management as a senior portfolio manager after almost 30 years with BNP Paribas.
Based...
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
IHS Markit’s thinkFolio and Wave Labs partner
IHS Markit’s thinkFolio investment platform is partnering with Wave Labs, a firm that has created fixed income tools to deliver a functional window for...
Placing European traders at the wheel of automation
By Charlie Campbell-Johnston.
The promise of a fully automated over-the-counter (OTC) workflow might sound like trading technology’s highest calling. After all, the idea of applying...
On the Desk: Engineering better trading
Honing the trading function is an art; it requires an engineer’s eye for improving systems but a leader’s eye for putting the team first.
How...
S&P Global completes sale of Fincentric
S&P Global has completed the sale of its Fincentric business to Stellex Capital Management, a global private equity firm. The transaction does not have...
Issuance and inflows paint more positive picture for EM liquidity
Over the past week emerging markets (EM) credit issuance saw US$7.6 billion in newly issued bonds, against US£900k the week before, while on the...
LSEG: The outlook for muni bonds (video)
Global Trading editor Laurie McAughtry (on behalf of The Desk) was delighted to sit down with Domenic Vonella, director of US municipal bonds at...
Redburn sees value in bond market venue M&A
Analysis by broker Redburn has found that major exchanges – in which it included MarketAxess, the fixed income trading venue, and interdealer broker TP...
Adaptable AI: Predicting Bond Prices in the Year of Surprises
Kristina Fan, Founder and CEO of 7 Chord, tells The DESK how BondDroid, the firm’s proprietary machine-learning technology, is overcoming barriers to AI adoption...
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...
LedgerEdge appoints fixed income veteran Neal as CEO of US operations
LedgerEdge, the developer of an ecosystem for fixed income trading, has appointed industry veteran Michelle Neal as CEO of its US operations.
Her appointment will...
NowCM and Liquidnet look to accelerate new issue workflow
The NowCM Group, a system and infrastructure provider for the primary debt markets, has worked with Liquidnet, the investment and block trading specialist, to...
FILS USA 2023: Market volatility has tested e-trading and instrument selection
Having had a challenging and volatile first half of the year from a liquidity perspective, not least because of a crisis in US and...
