Key trends in emerging markets debt issuance in 2024
Emerging market debt is seeing the effects of government reforms in both democracies and autocracies this year, with stability being the watch word for...
Enhanced execution through automation
Andrew Cameron, Automation Solutions at MarketAxess, discusses the benefits of automation in trading.
Automation technologies have revolutionised so many aspects of our lives that it’s...
Sub-2bps bid-ask spreads in US IG are below pre-crisis levels
The US investment grade (IG) credit market is seeing very tight bid-ask spreads in 2021, according to the Composite Plus (CP+) data supplied by...
This! Is! What! Liquidity! Looks! Like!
In the past quarter, the average daily notional traded for US Treasuries was 99.5% of the total value of securities issued in the same...
Comparing Corporate Bond Liquidity Across Regions
By Grant Lowensohn and Hidde Verholt.
Highlights
The US corporate bond market offers a significantly greater number of ISINs with high daily trade counts than other...
Falling emerging market liquidity costs reversed with Fed concerns
Traders in hard currency fixed income emerging markets have seen a decline in the costs of liquidity this year, according to data from MarketAxess’s...
Emerging markets’ uneasy calm
Bid-ask spreads for fixed income trading in emerging markets have stabilised after a tumultuous year in 2022, according to TraX data, triggered by the...
What’s big, green and keeps traders busy?
Bond issuance sizes in the ESG space are growing, and the average size of the deals are growing too. The proportion of benchmark-sized deals...
Upping strike rate and strength in US IG
We often hear ‘nothing really changes’ in relation to capital markets so it is good to have an insight into real progress, courtesy of...
New issuance process unchanged for 59% of traders despite electronification
New research from analyst firm, Coalition Greenwich, has found that 59% of traders are still waiting to see an improvement in the new issue...
