How much credit should dealers get – and for how much risk?
There is a tension between best execution obligations and the longer-term value of a dealer supporting liquidity provision. Buy-side traders are aware that their...
Tradeweb talks up futures market; reports Q1 growth, LSEG confusion
Tradeweb, a subsidiary of London Stock Exchange Group (LSEG), saw continued outperformance in fixed income markets in the first quarter (Q1) of 2024.
Tradeweb’s...
ING issues first commercial paper trade via Onbrane
ING Bank has completed its first Euro Commercial Paper (CP) transaction, issued by Dutch company Royal Friesland Campina, on the Onbrane platform for primary...
Get better at trading emerging markets credit
A recent article on the challenges for banks in making a profitable business trading emerging markets (EM) credit has highlighted the complexity of the...
Mystery surrounds APA failure in European bond markets
European bond market participants are keen to know which post-trade data reporter, known as an approved publication arrangement (APA), has ‘data quality issues’ resulting...
Do banks want credit trading to look like FX?
The end game of market making commoditisation is that a smaller number of players provide a vast volume of liquidity to the majority of...
What does flat e-trading growth mean for credit traders?
The proportion of electronic trading in 2023 within US credit markets is proving stubbornly resistant to growth. Research by market structure analysts, Coalition Greenwich,...
The right way to trade credit
Of course, there is no right way to trade all credit, but there are clearly advantages in trading credit in such a way that...
Ediphy Markets launches Ediphy Credit
Ediphy Markets has launched Ediphy Credit, a service to help institutional asset managers access better liquidity in corporate bonds. Ediphy Credit combines data analytics...
July 2023: Tradeweb sees total credit ADV jump 30% YoY in July driven by...
At Tradeweb, in July 2023, fully electronic US credit ADV was up 34.8% YoY to US$4.8 billion and European credit ADV was up 38.6%...
