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...
AFME and IA agree on UK consolidated bond tape
The Association for Financial Markets in Europe (AFME) has reached an agreement with the Investment Association (IA) on a proposal for a future UK...
The big issue
Corporate bond issuance has boomed at the start of 2024, at a point when rates are peaking. They may not be that high in...
Juggling the growth in CUSIPs
If the population of a country increased by 50% since 2014, you would think a housing crisis was likely.
Yet in the year The DESK...
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...
What is driving down EM trading costs?
Analysis of trade size and bid-ask spread data from MarketAxess’s CP+ pricing feed and Trax market data, which tracks activity across markets, indicates that...
A surfeit of bonds?
Henry I of England famously died from eating a surfeit of lampreys – a delicacy until consumed to excess. Central banks might want to...
Issuing at the top of the market
The high levels of bond issuance this year, made at what is widely expected to be peak interest rates, are potentially building up high...
The UK’s inflation-linked notes getting snapped up
Data from Parameta, the TP ICAP company data and analytics provider, shows the five-year breakeven inflation rate for the UK, which represents a measure...
Viewpoint: Nichola Hunter – The next big evolution in rates trading
Q&A with Nichola Hunter at MarketAxess.
What were the drivers behind the MarketAxess expansion into rates?
There were two main drivers. One was to provide, primarily...
