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...
Low issuance volumes may impact the momentum to reform primary markets
Platforms keen to emphasise longer term commitment to electronification and greater automation.
Multiple platforms have been launched to drive increased efficiency in managing bond issuance,...
What’s all the fuss about… the US Treasury market?
Who is kicking up a fuss about US government bonds?
A new paper published by Darrell Duffie for the Jackson Hole Symposium entitled ‘Resilience redux...
Headache or opportunity?
The UK is carving out its own path in financial services. Gill Wadsworth assesses the divergent gameplan the government is developing.
In May 2022, the...
Analysis: Market response to US Treasury’s increased borrowing needs
The US Treasury’s need to increase debt issuance, beyond market expectations, has had several effects. Firstly there was a ratings downgrade of the USA...
Mixed trading volumes in May for fixed income across platforms
Looking at the numbers from the major trading platforms in May, volumes appear to be recovering which will be positive for dealers, who saw...
Trading: How to find liquidity in a drought
When market makers offer no bids for corporate bond trades, buy-side traders need to get creative.
Dealers are the main source of liquidity in the...
Block trading investigations follow a long trend
Several investigations reported in the press are following regulatory scrutiny of block trading arrangements. The investigations reported by Bloomberg, Reuters and the Financial Times...
On The DESK: Kirstie MacGillivray, CEO and head of investment dealing, Aegon AM UK
As CEO of Aegon UK and its head of investment dealing, Kirstie MacGillivray has a unique perspective across the front office and the board room...
The UK’s PRA cites break from EU in review of capital rules for buy...
The Prudential Regulation Authority (PRA), the UK’s prudential authority for financial services, has begun reform of capital rules for insurers and banks, in its...
