Analyst firm

Investment in derivatives post-trade set to soar

A new study by analyst firm, Acuiti, released in a whitepaper entitled The Growing Need to Invest in Derivatives Post-Trade, sponsored by Broadridge Financial...

Subscriber

Redburn sees value in bond market venue M&A

Analysis by broker Redburn has found that major exchanges – in which it included MarketAxess, the fixed income trading venue, and interdealer broker TP...

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...

New York Fed economists see US Treasury liquidity at crisis levels

Current US Treasury market liquidity is comparable with the 2007-09 global financial crisis and the March 2020 crisis, particularly for the two-year note, according...

Federal Reserve: Dealer sensitivity major barrier to all-to-all trading in US Treasuries

A new staff paper published by the Federal Reserve Bank of New York has found there are possible advantages in delivering all-to-all trading to...

How big is portfolio trading in corporate bond markets?

Recent reports from market participants have given slightly different estimates for the use of portfolio trading in US corporate bonds, however the consensus is...

Are US dealers still offsetting credit trading risks?

As US banks see credit positions turn negative, and interdealer market volumes remain flat, The DESK asks how they offset risk as their credit...

Symphony names Levy CEO

Capital market communication firm Symphony has announced that David Gurlé will step down on 31 May 2021 and has appointed Brad Levy, current president...

Credit trading desks seeing job cuts & hiring freezes, adding to operational pressure

Reports of reduction in headcount on buy-side trading desks at BlackRock, Nuveen and Wellington with cuts also reported at investment banks, are demonstrating the...