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...
Joel Kim of Dimensional Fund Advisors on corporate bond liquidity
With Joel Kim, Head of International Fixed Income and CEO Asia ex-Japan, Dimensional Fund Advisors.
Briefly describe Dimensional Fund Advisors, including its fixed income trading...
Will the EC ban electronic bilateral bond trading?
The broadening definition of ‘multilateral’ is at risk of capturing all trading if traders do not speak out.
The European Securities and Markets Authority (ESMA)...
Trading: Regulatory overreach onto the trading desk
Complaints about regulators expanding rules for equity markets into fixed income are rising on both sides of the Atlantic.
The Securities and Exchange Commission (SEC)...
Barclays: Portfolio trading 8% of US credit market volume
Barclays has conducted new analysis into portfolio trading of corporate bonds, estimating the trading protocol now makes up 8% of US credit trading.
The firm...
Trading: Loans and ABS: The fixed income markets time forgot
Trading in the less liquid parts of the fixed income market has remained relatively untouched by electronification.
Loans and securitised products backed by loans can...
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 advantages of derivatives trading
There can be valuable benefits to using derivatives as part of a portfolio.
Bringing derivatives into a fund’s mandate requires client appetite, portfolio management and...
Coalition Greenwich’s deep dive into fixed income TCA
A report by analyst firm Coalition Greenwich has set out the tough but potentially rewarding path for increased adoption of transaction cost analysis in...
Get it together: Traders seek primary market harmony
With issuance expected to stay high in 2022, traders appeal for a streamlined approach to primary market interfaces.
The level of global bond issuance in...
