Philippines tilts borrowing mix outward as JPM Index inclusion looms
The Philippine government’s overall borrowing programme for 2026 is set to remain broadly in line with 2025, but the composition is shifting in a...
Bond markets see trading costs bounce
Average bid-ask spreads have been expanding and contracting like an accordion as investors and liquidity providers struggle to form a coherent view on inflation,...
Roundtable debate: Can the market electronify block trades?
The efficiency of electronic trading has trade-offs for blocks based on information disclosure, leakage and trust.
Electronifying execution of larger bond orders is the ‘holy...
European bond trading impacted by 84% of flows to active open-ended funds
European fixed income fund flows remain structurally different from the US, materially affecting trading flows during the day. In 2025, 84% of Europe’s US$422.7bn net inflows went to active open-ended funds. US flows...
Strategically automate and allocate to survive
There is a lot to be afraid of in the modern world. Geopolitical shocks, inflation and black swans abound, and the old ways do...
Risk profiling electronic market makers after Jane Street, Jump re-rated
Last year, Jane Street and Jump Trading had their rating outlooks upgraded by ratings agencies, as they overcame potential hurdles facing their businesses. Electronic...
Investor Demand: BofA sees investor sentiment bounce back in May
The Bank of America Global Fund Manager Survey (FMS) has seen the scaling back of US-China tariffs as a net positive for activity. In...
Worsening credit outlook does not hurt credit trading
The corporate bond market has stood up to the test of tariffs – but will the corporate environment? As earnings season kicks in, companies...
The interplay between the cash and derivative credit markets
For investors, the derivatives market is a potentially a rich source for investment returns and risk management. It can also be a valuable source...
Exclusive: Man Group’s proprietary OEMS highlights potential for systematic volume growth
Man Group is now live on an internally developed order and execution management system (OEMS), to trade across asset classes, currently covering corporate credit,...
