Review: Mixed bond trading revenues in choppy first quarter
Banks have seen mixed results from bond trading in the first quarter of 2023, across credit and rates, while electronic trading platforms have seen...
Traders call time on outsized European market open hours
Buy- and sell-side traders have called for Europe to review its equity market open periods, which at eight and half hours is over 30%...
MarketAxess to buy MuniBrokers
Bond market operator MarketAxess has agreed to buy MuniBrokers, a central electronic venue serving municipal bond inter-dealer brokers and dealers.
MuniBrokers connects 14 municipal securities...
People’s Bank of China sets out northbound rules for Swap Connect
The People's Bank of China has issued interim measures to standardise the interest rate swap market between the mainland and Hong Kong, protecting investor...
CME Group completes migration of BrokerTec trading platform to CME Globex
Market operator CME Group has migrated the US Treasuries trading and US repo functions of BrokerTec business to its CME Globex platform. This follows...
TP ICAP focuses on low-touch trading, Liquidnet and buy-side data provision
Interdealer broker and trading services provider TP ICAP outlined its future plans at its Capital Markets Day on Tuesday 1 December, to develop low...
Bond traders report screen prices are off by 10%
Several buy-side fixed income traders have confirmed that electronic prices are currently around 10% off the price that bonds are actually trading at, creating...
FILS USA 2023: Finding efficiency in fixed income trading
Market operators seek to expand reach of surprisingly resilient automation.
Fixed income trading has become much more efficient over the years, driven by new technologies...
Charles River integrates with MTS BondsPro ATS
State Street’s Charles River Development, the order and execution management system (OEMS) provider, has completed integration of MTS BondsPro, an alternative trading system (ATS),...
Eurex launches the first futures on a Euro High Yield Index
From 17 October 2022, Eurex will offer market participants the opportunity to hedge the Euro-denominated high-yield corporate bond market in Europe.
This segment has been...
