Credit Spotlight

AI is giving credit traders extra digits

Artificial intelligence is helping to refine bond‑trading workflows with a speed and depth that would have seemed improbable even a few years ago. Fixed‑income...

Cross-asset TCA is viable in credit markets

Can transaction cost analysis (TCA) provide an apples-for-apples comparison of buy-side trading costs across different asset classes? Imposing a single measurement framework across markets...

Are bigger trades always better?

Average trade sizes appear to have been increasing in corporate bond markets in recent years. Superficially this might suggest a greater dealer capacity to...

Opportunities in e-trading credit derivatives

Credit futures and swaps complement each other by providing investors with different but interconnected tools to manage credit risk, hedge exposures, and to gain...

How a credit sell-off might unfold…

Someone, somewhere, is cooking the books In 2007, I explained the risks of cumulative capital market investments to a friend as a series of interconnected...

I just dropped in to see what condition my credit was in…

Credit conditions are in the headlines following several private credit defaults, and the debt-fuelled, forward investment in data centres which are expected to underpin...

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...

Aligning the pre-trade credit liquidity picture and the execution goal

Pre-trade data and market colour are imperative for buy-side traders looking to achieve best execution in corporate bond markets. Understanding how that applies to...