Secular vs cyclical: How e-trading, issuance and credit spreads align with liquidity
Primary markets are a crucial source of liquidity in secondary markets, as new issues trigger a round of buying and selling activity for newly...
Credit hungry in 2025
The market is clearly very hungry for more credit, a positive signal given how much new and refinanced debt is being issued.
This can most...
ICE Bonds receives approval for expansion in Canada
Intercontinental Exchange (ICE), the market operator and data/technology provider has received approval to operate its ICE TMC fixed income trading platform in all Canadian...
Best practice in credit TCA measures
The need to optimise execution quality is increased as buy-side firms seek to optimise all-to-all trading, and therefore price making, in credit. Transaction cost...
When volatility improves credit liquidity
Credit market liquidity has been positive in the first half of 2025, despite the high levels of volatility.
There are several dynamics which might be...
Exclusive: Quinn and Sobel discuss Trumid’s new portfolio trading protocol
Trumid, the fixed income electronic trading platform, has launched a portfolio trading protocol. Designed to simplify and extend electronic portfolio trading for institutional clients...
Tradeweb and MarketAxess see credit volumes increase over 25% in December
Market operators MarketAxess and Tradeweb have released their December trading levels, with both seeing a monthly increase of 25% in credit trading average daily...
The gaps that AI can close in credit markets
Artificial intelligence is being applied to bridge and unite information in bond trading. Liquidity is notoriously gappy in credit markets, and market data naturally...
Credit is climbing, but unevenly
Analysis by S&P Global Market Intelligence charts the rise of credit markets over the past year, and finds index levels are by 10-15% of...
Mutually assured success: How interpersonal relationships create trust in electronic markets
Bond trading is a relationship business, with pricing and liquidity influenced by the strength of relationships between buy-side and sell-side. As the market moves...
