Central clearing for bonds?
The lack of dealer liquidity provision during the March 2020 sell-off has triggered several proposals for market structure reform, not least in the US...
Can primary markets deflate?
Inflation levels could have a direct impact on volume of work – and therefore operational pressure – on buy-side trading desks.
Managing the process of...
ION expands further with Clarus Financial Technology acquisition
ION Markets, the trading, analytics, and risk management solution provider for capital markets, has bought Clarus Financial Technology, a provider of SaaS analytics, data,...
The cost of liquidity in EM today
A very graphic representation of the cost of liquidity can be seen in the latest data from MarketAxess. It shows that average daily volume...
Tradeweb confirms purchase of Australian bond trading platform Yieldbroker
Multi-asset market operator, Tradeweb Markets has entered into a definitive agreement to acquire Yieldbroker, an Australian trading platform for Australian and New Zealand government...
AFME finds sell-side fixed income data spend up 50% over five years
A study by the Association of Financial Markets in Europe (AFME) has provides a new view of rising fixed income data costs in eight...
Implied cost of liquidity falling, with US high yield an exception
Volumes in the corporate bond markets have been picking back up, relative to bid-ask spreads, indicating an improving liquidity picture across the US and...
Broadway upgrades Duration Trader algo to tackle rates volatility
Broadway, the front-office system provider, has upgraded its Duration Trader algorithm in an effort to meet customer and market needs during an ongoing period...
EIB prices first sterling digital bond
The European Investment Bank (EIB) has priced its first ever £50 million digital bond using a combination of private and public blockchains operated and...
What volatility looks like
Understanding how challenging the European markets have been to trade this year is far clearer when looking at the numbers. According to MarketAxess TraX...
