Greenwich Associates: Fixed income desks see highest buy-side tech spend
Technology spend on buy-side trading desks rose 4% in 2019 from the previous year, to reach US$2.2 million on average, with fixed-income trading desks...
Bond pricing battle shutters Nordic funds
Several Nordic fund managers have been shuttering fixed income funds, mainly in the corporate bond space, to allow them to get prices from banks...
Bond traders report screen prices are off by 10%
Several buy-side fixed income traders have confirmed that electronic prices are currently around 10% off the price that bonds are actually trading at, creating...
Announcement – The DESK Q1 2020
The Q1 issue of The DESK is due from the printer and under the current exceptional circumstances we are happy to re-direct your copy...
LSEG widens market maker spreads for government bonds, more ETFs
The London Stock Exchange Group has increased market-maker spreads to 5% for all exchange-traded products (ETPs), exchange-traded funds (ETFs) and UK government bonds -...
TABB Group shuts down
Larry Tabb, the eponymous founder of market anayst firm TABB Group, has announced the firm will close. Making the announcement via Twitter, he wrote:...
Fixed income ETFs struggling with liquidity crisis
Fixed income exchange traded funds (ETFs) are reportedly struggling in the current liquidity crisis, while their market makers are trying hard to get delta...
TradeTech Europe 2020 has been postponed
TradeTech 2020 has been postponed, with event organiser WBR making the following statement:
'We at TradeTech Europe 2020 have been working around the clock over...
“There is no liquidity”: Bond traders report market conditions never seen before
Buy-side bond traders are facing a considerable challenge in matching their investor’s demand for fixed income assets as equity markets plummet. Volumes are up,...
ICMA: Fully-automatic credit trading has grown; block liquidity has reduced
The International Capital Markets Association has found 44% of buy-side trading desks have increased their use of rules-based, fully automated electronic execution compared with...
