MARKET NEWS
Commentary: Inside the fixed income ETF primary market
By Alex Evangeli
The ecosystem that powers fixed income ETF trading is more complex than the simplicity of trading the product suggests. Behind the...
Emerging market bond liquidity erodes as trade counts fall sharply
Emerging market bond volumes have fallen every quarter of 2026 and trade counts are down by more than a quarter, according to MarketAxess data...
Murray joins Adroit
Neil Murray, former UK credit sales team member at Bank of America, has announced that he is joining execution management system provider Adroit Trading...
Meta taps BlackRock for latest giant data centre
Everything’s bigger in Texas, including Meta’s latest El Paso data centre venture and BlackRock’s 80% stake in it.
The project, announced last week, will include...
EchoStar debt rockets
EchoStar’s notional debt outstanding increased by US$7.64 billion between May and June.
On 28 July, the company repaid all outstanding obligations of its 7.75% senior...
ICE buys MarketAxess
The Intercontinental Exchange (ICE) is buying MarketAxess for a total enterprise value of US$5.7 billion.
The deal is expected to close in H1 2027.
ICE will...
FEATURES
Emerging market bond liquidity erodes as trade counts fall sharply
Emerging market bond volumes have fallen every quarter of 2026 and trade counts are down by more than a quarter, according to MarketAxess data...
BofA’s Sonali Theisen: Digital Assets Boost Fixed Income Efficiency
Digital assets have the potential to fundamentally reshape institutional markets via 24/7 trading, near-instant settlement, lower capital costs, and programmable infrastructure. As this evolution...
Acadian’s Michael Doros on the future of systematic credit trading
As credit markets become increasingly electronic, systematic managers are gaining new opportunities to scale research, improve execution, and optimize portfolios in real time. Traders...
Invesco: Kaizen and the art of trading
Running one of the leanest teams on the street, Ray Uy’s traders amplify their firm’s investment ideas by combining deep relationships, cutting edge technologies...
PROFILES
RESEARCH
Trading Intentions Survey: Data and protocol innovation are the battlegrounds for...
The 2026 Trading Intentions Survey has found that data is the most hotly-contested field in supporting corporate bond trading today, while analysis of trading...
Member
NEW ISSUES
FROM THE ARCHIVES
MTS BondsPro pushes into Mexican bond markets
Fixed income market operator MTS Markets, part of London Stock Exchange Group (LSEG), has expanded its reach into Mexico via a marketing agreement with...
Achour leads Citadel Securities’ APAC credit trading
Redha Achour has joined Citadel Securities as APAC head of credit trading. He is based in Hong Kong.
Citadel Securities has been building out its...
Electronification of US credit delivers resilience
The electronification of the US corporate bond markets has demonstrated that its improved efficiency has strengthened depth of liquidity provision, rather than made it...
BlackRock and Standard Chartered make first India trade on MarketAxess
BlackRock and Standard Chartered have executed the first trade on MarketAxess’s Indian government bond (IGB) electronic trading solution.
MarketAxess became the first firm to offer...
Nomura settles 2021 unlawful trading fine
Nomura Securities has paid a 21.76 million yen administrative monetary penalty following unlawful trading of Japanese government bond futures in March 2021.
Japan’s Financial Services...
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...
Portware claims ice cracking on EMS/OMS division
By Flora McFarlane.
“The order management system (OMS) and to an extent the execution management system (EMS) as stand-alone products are dead,” says John Adam, global...
Market awaits CT news amid cross-Channel delays
Market participants have been asking for a bond consolidated tape for years; and they’re going to have to wait a little longer than planned,...
Bloomberg finds global bond deals down in Q3
By Shobha Prabhu-Naik.
Bloomberg, the global financial data provider, has published its League Table reports for the third quarter of 2018 showing that the global...
InvestCloud names new CIO
InvestCloud, a global wealth management software provider, has named James Young its new chief information officer (CIO).
Young will be responsible for the company’s technology...
Sell-side condemns SI regime as ELPs call for reform
Sell-side trade body the Association for financial markets in Europe (AFME) has voiced support for the UK Financial Conduct Authority’s (FCA) consultation on the...
Citigroup Global Markets hit with $2.9m SEC underwriting expenses recordkeeping penalty
Citigroup Global Markets (CGMI) has settled a US$2.9 million penalty with the US Securities and Exchange Commission (SEC) for underwriting expenses recordkeeping violations.
The SEC...
