Outsourced trading consolidates further with State Street’s new acquisition
State Street Corporation has entered into a definitive agreement to acquire CF Global Trading, a global firm specialising in outsourced trading on an agency...
Opinion: Regulators need to prioritise closing the market making gap
The one thing bond markets are really in need of, is more two-way liquidity in stressed markets. Yet that is nowhere on the regulatory...
Exclusive: LedgerEdge to go into administration
LedgerEdge, the distributed ledger-based fixed income trading venue, has closed down.
Founder, David Rutter, said, “We can confirm LedgerEdge has closed, three years after...
Six New Trends in Managing Fixed Income Accounts
By Blake Lynch, Head of Sales at IMTC.
Predicting the bond market’s next move is difficult at best—will the yield curve steepen or flatten? Will...
MarketAxess Q2 update: Claims 20% share global credit trading; portfolio trading ‘flattened out’
MarketAxess has reported its Q2 results for 2022, including a record composite corporate bond market share, estimated at estimated 20.2%, up from 17.8% in Q1 2021...
AxeTrading founders step back from management
AxeTrading has announced that the founders of the firm, together with other members of the Board, have agreed that in order to address “the...
Mike Rosborough, CalPERS: On truth and transparency
Dating back to the 1930s, the California Public Employees Retirement System (CalPERS) is the largest pension fund in the United States. Mike Rosborough, senior portfolio...
E-trading stumbles in US credit
E-trading in high yield (HY) US credit reduced year-on-year (YoY) in February, despite rising average daily trade sizes.
After taking almost a third of traded...
ICE: Measuring and managing climate risk in debt markets
As the physical risks associated with climate rapidly shift, borrowers, lenders and investors need to better understand their exposure. Larry Lawrence, head of sustainable...
Not fighting the Fed on high yield flow
High yield bonds have seen electronic trading in the US increase, with liquidity enhanced by the Federal Reserve’s announcement on 9 April that it...














