MARKET NEWS
S&P Global automates muni allocations
S&P Global Market Intelligence has launched an automated municipal bond allocation tool.
Integrated into the firm’s muni issuance solution, Municipal Bookbuild, the Municipal Bond Allotment...
Trumid brings automation to credit voice trading
Trumid has bolstered its services with Smart Voice, an LLM-driven tool that auto-populates credit trade tickets based on unstructured conversations.
“Despite all the growth in...
Saudi Arabia joins JP Morgan, Bloomberg indices
Saudi Arabia’s SAR-denominated sovereign sukuk is set to become part of JP Morgan’s emerging markets government bond (GBI-EM) global diversified index and Bloomberg’s EM...
Carolan joins Citi
Citi has named James Carolan as global head of FX structuring and solutions, effective July.
Based in New York, he reports to global head of...
TransFICC automates credit quote and trade negotiation
TransFICC has released a credit trading and quote negotiation automation tool for dealers pricing on dealer-to-client venues.
Credit Agent routes dealers’ enquiries to stream prices,...
Kerkor leads EMEA EM credit for ING
Joseph Kerkor has joined ING as a managing director and head of emerging markets credit trading for EMEA. He is based in London.
ING reported...
FEATURES
Eurex sees lit credit future liquidity migrate to dark
The Bloomberg / Eurex credit futures conference in mid-January 2026 had all seats taken and attendees standing in the aisles. That bursting enthusiasm was...
Human battles machine in JGB market
Participants say electronic trading of Japanese government bonds has reached an inflection point, but others counter that the death of voice trading has been...
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...
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...
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RISK & RETURN
FROM THE ARCHIVES
BondAuction and NowCM partner to support primary market access
BondAuction and NowCM, the primary market platform, are establishing connectivity between their platforms to offer connectivity for respective clients and users.
NowCM and BondAuction will...
Stuart Taylor to lead electronic trading fixed income at MUFG
MUFG has appointed Stuart Taylor as head of electronic trading within Global Markets for EMEA, Asia and the Americas, effective 20 November 2020.
This newly...
Origination: EU tops global bond issuance in March
The European Union saw the biggest increase in bond issuance globally in March, reaching US$30.62 billion.
The bulk of this came from three bond issuances...
ISIN at issuance launched for Eurobonds by Origin
Origin Markets, the debt capital markets fintech, is launching an instant-ISIN feature, created in collaboration with international central securities depositary (ICSD) Clearstream, which is...
This Week from Trader TV: Stephanie Fraser, Baillie Gifford
Market pressures accelerate fixed income automation.
New transparency rules, technological advances, and market pressures are accelerating automation in fixed income, says Stephanie Fraser of Baillie...
Issuance up in lower rated debt
Analysis by Morgan Stanley’s team has found that, despite the slowing down of bond issuance globally in August, the higher levels of activity in...
MarketAxess adds directional and currency functionality to portfolio trading
Bond market operator MarketAxess has added new portfolio trading functionality to its platform, to better integrate with a full suite of trading solutions.
The MarketAxess...
Market structure: Is e-trading plateauing?
The overall pace of bond market electronification is slowing, but trading evolution is not linear.
Electronic trading has grown as a proportion of total trading,...
Clearwater bets on portfolio visualisation services with dual purchase
Clearwater Analytics is acquiring two portfolio visualisation tools to offer a whole-portfolio view for clients across public and private markets.
Beacon provides cross-asset class modelling...
Dealers face crunch on platform trading costs
As bid-ask spreads tighten and fees rise, dealers question making markets in credit.
It does not take a quant to understand that tighter bid-ask spreads...
ICMA says execution and order management systems are not trading venues
The International Capital Markets Association (ICMA) has responded to the European Securities and Market Authority (ESMA) consultation into the ‘trading venue perimeter’ by arguing...
On The DESK : Nick Greenland : BNY Mellon Investment Management
Making the team.
Nicholas Greenland is managing director for APAC and EMEA, head of broker/dealer relationships for BNY Mellon Investment Management based in London. In...
