Pre-Trade data strategy: Optimizing protocol selection in European Credit
By Chris Egan & Aria Pattinson-Spiers: A decision that clients often face is which trading route to take—a high touch or low touch approach....
Emerging markets trading costs threaten to rise
Emerging market bond traders will see trading costs rising as volumes begin to decline. According to MarketAxess data from its CP+ pricing tool and...
What EM trade sizes tell us about market evolution
While issuance of emerging markets bonds beat the same period in 2023 by a third, secondary trading is far more choppy, with a stepped...
Trading for Trees: Giving back through trading green bonds
Since its inception, the MarketAxess “Trading for Trees” initiative has helped to plant over 385,000 trees across a range of biodiversity, climate stability and...
Get US high yield portfolios in order over summer
June looked decidedly challenging for US high yield (HY) trading, as mean bid-ask (BA) spreads dislocated from the median, indicating spikes in BA spreads...
A great vintage for bid-ask spreads
This year’s bid-ask spreads in US investment grade are half those of last year, prompting much celebration on the buy side, but clearly having...
Tighter spreads, bigger trades
Credit markets have largely seen tightening bid-ask spreads since the start of the year on both sides of the Atlantic – some segments more...
Chart of the week: When trading into the US, when should I trade?
Timing is everything in the markets, but not every market shares the same timing. It is common for trading desks to employ a trader...
Issuance pushes outstanding global debt up 6.2%
Companies around the world took on US$456 billion of net new debt in 2022/23, as of 31 March 2023, pushing the outstanding total up...
FDIC drive to issue US bank debt
Banks in the US have been asked by Government agencies to issue new debt to support their stability under a new proposal by the...
