MarketAxess: The Open Trading inquiry orderbook
The Open Trading inquiry orderbook - An untapped source of liquidity insight
By David Krein, Chisom Amalunweze | 27 May 2021
Highlights
Inquiries available for Open...
Chart of the week: Trading into Europe
Following our analysis of when to trade into US markets, we examine spreads for European rates markets across the day. For overseas traders working...
Analysing the split between US and EU investment grade trade sizes
Recent reports that high yield (HY) trades are increasing in size and investment grade (IG) are shrinking, have ignored the year-on-year growth of European...
Examining the (Thames) Water fall
In 2013 when markets still looked precarious amid the fallout from the financial crisis, utilities were a good investment.
With a near cast-iron cashflow...
Subscriber
Second quarter issuance recovers after soft April and May
Morgan Stanley has reported that June issuance increased 13% year-on-year (YoY) following a 34% drop in April and 3% decline in May.
“Strong June issuance...
Breaking blocks
Electronic trading is certainly on a growth spurt – Coalition Greenwich reports e-trading was 46% volume across all assets in 2021 – but this...
DCM deals substantially up year-on-year
Total deal size volume for debt capital markets, year-to-date is up 32% on 2023, according to data from Dealogic.
The trend in regional deals has...
Can primary markets deflate?
Inflation levels could have a direct impact on volume of work – and therefore operational pressure – on buy-side trading desks.
Managing the process of...
Measuring digital bond issuance
The use of distributed ledger technology (DLT) to issue bonds can tackle several concerns in the debt markets. Firstly, it reduces the fragmented information...
The election effect: Issuance in an election year
Looking at Dealogic data for debt issuance over the past four year tenures of US presidents, it is notable how much the macro picture,...
