OMS market: Vendors focusing on strategic sales pitch
Research suggests that an apparently limited interest in changing order management systems (OMS) on buy-side trading desks has been overcome by OMS vendors at...
The case for deferring reports of larger trades
The Association for Financial Markets in Europe (AFME) has published study consolidating fixed income trading data from numerous sources for the period of March...
The $21.6 trillion question: How many regulators does it take to change a lightbulb?
The US$21.6 trillion US Treasury market is confounded by a lack of transparency and very short-term liquidity provision, according to a new joint staff...
Opinion: Competition, not regulation, will make better bond markets
European credit trading has historically seen levels of electronic trading of around 50% of total corporate credit trading, while the US market has historically...
What FILS delegates want
With the Fixed Income Leaders Summit (FILS) Europe upon us, The DESK has been speaking to attendees to discern what topics are most eagerly...
Volatility, velocity and variability
Brad Levy, chief executive of Symphony, is positioning the company to help the financial industry navigate a ‘supercycle’ of change driven by the “three...
Why buy-side firms are building their own primary market tools
Interoperability is not a competitive issue; clients will build it if platforms do not supply it.
There is not a consensus on who should make the bond...
Derivatives: Credit default swaps – The revival
Applying innovation from corporate bond markets to credit derivatives trading could boost liquidity at a point of market stress.
Single-name credit default swaps (CDSs) provide...
The credit trading processes you really should have automated by now…
Automation has historically been highly challenging in corporate bond markets for several reasons, but traders say some parts of the workflow ‘ought’ to be...
Analysis: Credit belongs to…
In 2021, electronic credit trading has seen a close fought race between two giants, MarketAxess and Tradeweb. While both have slightly different profiles, through...
