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,...
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...
What’s the fuss about… New capital rules?
What’s all this fuss about new capital rules? The US Federal Reserve has decided that some banks, with over US$100 billion in assets, need...
“A fixed income price is not a fact. A fixed income price is an...
David LaRusso is the head of fixed income trading at Dimensional Fund Advisors, and has just celebrated his 25th anniversary at the firm. The...
Could the Twitter hangover really hurt credit liquidity?
Banks’ support for market making is tied to the bonds they carry on their books, and the cost that has for their balance sheets....
Mixed trading volumes in May for fixed income across platforms
Looking at the numbers from the major trading platforms in May, volumes appear to be recovering which will be positive for dealers, who saw...
Are interdealer markets dead?
So-called ‘interdealer’ markets have long been used by large buy-side firms. This well-known secret creates inequality for those investment firms barred from participating, and...
On the Desk: Engineering better trading
Honing the trading function is an art; it requires an engineer’s eye for improving systems but a leader’s eye for putting the team first.
How...
On the DESK – Amy Flynn on the evolution of xBK
Amy Flynn is a managing director and the head of xBK, the buy-side fiduciary execution desk within BNY Mellon Execution Services. Amy has led the...
Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
