Signalling risk in credit, if one counterparty is 50% volume
How do you avoid information leakage? Does this change if half the market is trading with a single counterparty? Knowing that electronic market maker,...
E-trading boosts efficiency not liquidity in Japan’s buy-and-hold bond market
Japan’s bond market has long been seen as voice-heavy, with established traditions of relationship-based trading and an aversion to electronic, less personal alternatives. However,...
US bond deals fragment as EMEA consolidates
The latest breakdown of debt capital market (DCM) issuance by Dealogic has found that deal numbers in the US have declined slightly year-to-date versus...
Do Europe’s credit trading costs invert the pattern for US debt trades?
An analysis of average bid-ask spreads in corporate bond markets across the European and US markets suggests that median bid ask spreads responses are...
Origination: Will Germany support European debt mutualisation?
UBS Asset Management’s Jonathan Gregory, head of UK fixed income, has posited the idea that European countries may at some point seek to mutualise...
European govies issued at record level in Q1
This year saw the highest first-quarter European government bonds and bills issuance volume since 2006 as €1.2 trillion was issued in Q1 2025, according...
Complex environment requires multi-model approach to data science
In fixed income, the most effective investment and trading models can be those built to withstand uncertainty. Speaking at the Fixed Income Leaders’ Summit...
“There is still an edge in systematic trading”
Systematic trading is often associated with highly liquid instruments, but asset managers have outlined success stories in less liquid debt markets, at the Fixed...
Five ideas from FILS for buy-side traders
The Fixed Income Leaders’ Summit US kicked off on Monday 9 June in Washington DC, with the buy-side traders’ day. While no reporting is...
Exclusive: Redefining credit markets – Neptune Networks and Liquidnet
Byron Cooper-Fogarty, CEO of Neptune Networks, and David Johnsen, head of fixed income at Liquidnet, delve into their vision for this transformative partnership.
With TP...
